Summarised consolidated income statement
FOR THE YEAR ENDED 31 DECEMBER 2014
| Figures in million – SA rand | 2014 | 2013 | 2012 |
|---|---|---|---|
| Revenue | 21,780.5 | 19,331.2 | 16,553.5 |
| Cost of sales | (17,566.1) | (15,077.2) | (13,186.6) |
| Net operating profit | 4,214.4 | 4,254.0 | 3,366.9 |
| Investment income | 183.2 | 160.3 | 105.5 |
| Finance expense | (400.0) | (420.3) | (176.7) |
| Share-based payments | (417.9) | (305.8) | (263.5) |
| Share of results of equity-accounted investees after taxation | (470.7) | 51.5 | 93.1 |
| (Loss)/gain on financial instruments | (107.7) | (4.6) | 13.8 |
| (Loss)/gain on foreign exchange differences | (63.3) | 24.0 | 1.2 |
| Exploration and feasibility cost | (15.1) | – | – |
| Other income | 155.9 | 219.3 | 247.2 |
| Other costs | (249.9) | (314.9) | (368.5) |
| Impairments | (275.1) | (821.0) | – |
| Reversal of impairment | 474.1 | – | – |
| Profit on disposal of property, plant and equipment | 9.5 | 5.5 | 2.4 |
| Loss on loss of control of subsidiary | – | (30.2) | – |
| Transaction costs | (111.6) | (9.3) | – |
| Restructuring costs | (160.3) | (439.4) | (124.1) |
| Profit before royalties and taxation | 2,765.5 | 2,369.1 | 2,897.3 |
| Royalties | (430.5) | (414.6) | (282.1) |
| Profit before taxation | 2,335.0 | 1,954.5 | 2,615.2 |
| Mining and income taxation | (828.1) | (256.2) | 365.0 |
| Profit for the year | 1,506.9 | 1,698.3 | 2,980.2 |
| Attributable to: | |||
| Owners of Sibanye | 1,551.5 | 1,692.4 | 2,979.6 |
| Non-controlling interests | (44.6) | 5.9 | 0.6 |
| Earnings per share attributable to owners of Sibanye | |||
| Basic earnings per share – cents | 186 | 260 | 297,960,000 |
| Diluted earnings per share – cents | 182 | 255 | 297,960,000 |
The Group does not have other comprehensive income, therefore no statement of comprehensive income is presented.