Annual Report 2010 Annual Report 2010

Value-added statement

Harmony Gold Mining Company Limited and its subsidiaries

Value-added statement for the year ended 30 June 2010

FY10
Rm
%FY09
Rm
%
Sales of gold
Less: cost of material and services
11 284
(4 491)
 11 496
(3 341)
 
Value added from trading operations
Profit on disposal of assets
Income from investment
Value added by discontinued operations – net
6 793
104
218
(32)
96
1
3
8 155
947
443
1 022
77
9
4
10
Total value added
Distributed as follows:
Employees (including directors and management)
Salaries, retirement and other benefits (excluding employees tax)
7 083


4 193
100


59
10 567


4 568
100


43
Providers of capital
Dividends to shareholders
Interest on borrowings

213
246

5
3

-
212

-
2
Government and community
Taxation
Employees’ tax

84
719

1
10

335
693

3
7
Royalties33 ---
Social investment81 133-
Total distributions
Retained for reinvestment:
Depreciation and amortisation
Impairment of assets
Profit/(loss) accumulated in the business
Total re-invested
5 569

1 375
331
(192)
1 514
79

19
5
(3)
21
5 841

1 253
546
2 927
4 726
55

12
5
28
45
Total distribution including re-investment 7 08310010 567100

HARMONY ANNUAL REPORT 2010