Six year summary


  • Financial capital

    cash on hand at year-end

  • Manufactured capital

    increase in expansion capital over the past six years

  • Human capital

    improvement in SIFR over the past six years

  • Intellectual capital

    improvement in LTIFR over the past six years

  • Social and relationship capital

    increase in tonnes per milled employee over the past six years

 
Six-year financial summary
  Unit 2015 2014 2013 2012 2011 2010
Financial statistics              
Revenue R (million)   3 044.7   3 767.5   3 251.1   2 865.3   2 974.9   2 106.8
Cash operating cost R (million) 2 548 2 361 2 093 2 051 1 802 1 700
EBITDA* R (million) 297.9 1 189.4 1 008.0 633.8 1 035.5 815.3
(Loss)/profi attributable to owners of the Company R (million) (3 044.8) 440.9 284.2 170.3 273.4 3 164.8
Headline (loss)/earnings R (million) (159.6) 440.9 283.9 170.3 273.7 290.2
Headline (loss)/earnings per share cents (83.2) 239 173 104 167 191
Normalised headline earnings** R (million) 16.4 506.9 348.4 233.2 350.2 399.3
Normalised headline earnings per share** cents 8.7 274 212 142 214 283
Weighted average number of ordinary shares in issue for earnings per share number 191 592 060 184 797 002 164 319 791 163 960 709 163 677 799 141 132 832
Average rand basket price*** R/Pt oz 17 256 19 842 17 927 16 404 16 282 15 555
Gross (loss)/profit margin % (1.3) 23.0 18.5 11.9 19.0 23.7
EBITDA margin* % 9.8 31.6 31.0 22.1 34.8 38.7
Number of shares issued outside the Group at year-end number 191 743 614 191 130 657 164 459 662 164 150 804 163 677 799 163 677 799
Cash on hand at year-end R (million) 917.6 1 864.2 772.9 649.9 1 099.2 899.4
Borrowings R (million) 366.9 6.6
R:US$ exchange rate              
Average annual R:US$ exchange rate R:US$   12.78   10.85   9.65   8.21   7.26   7.30
Year-end R:US$ exchange rate R:US$ 15.50 11.57 10.47 8.47 8.09 6.62
RBPlat share price performance on the JSE (ordinary shares)             
High cents/share   5 996   7 690   6 499   6 749   7 001   7 100
Low cents/share 2 261 4 740 4 201 4 374 5 261 6 050
Year end cents/share 2 665 5 271 5 900 5 750 5 500 6 675
Volume of shares traded number 70 395 450 45 595 706 37 834 520 24 529 533 33 584 214 23 296 886
Net cash generated by operating activities R (million) 619.2 1 426.5 907.8 732.6 1 025.1 1 785.3
Net asset value (NAV) per share cents 57.0 72.8 72.2 70.2 68.9 66.9
Capital expenditure              
Expansion capital R (million)   1 692   1 365.0   737.0   646.0   635.7   487.9
Replacement capital R (million) 205 204.1 184.0 307.7 376.0 363.4
Stay-in-business (SIB) capital R (million) 112 154.4 137.8 238.3 146.1 97.0
SIB % of operating costs % 4.4 7 7 12 6 6
* The Company utilises certain non-IFRS performance measures and ratios (i.e. EBITDA) in managing the business and may provide users of the financial information with additional meaningful comparisons between current results and results in the prior periods. Non-IFRS financial measures should be viewed in addition to and not as an alternative for the reported operating results or cash flow from operations or any other measure of performance prepared in accordance with IFRS. In addition, the presentation of these measures may not be comparable to similarly titled measures used by other companies
** Normalised headline earnings are based on headline earnings adjusted for fair value depreciation, amortisation and tax thereon
*** Net proceeds from total concentrate sales including revaluation of pipeline divided by total platinum ounces produced
 
Six-year operational summary
Unit   2015 2014 2013 2012 2011 2010
Safety                
Fatal injuries number     5   2   2   1   0   3
LTIFR /200 000 hours   0.409 0.533 0.614 0.676 0.897 1.001
SIFR /200 000 hours   0.133 0.289 0.265 0.421 0.467 0.531
Section 54 stoppages number   16 10 11 12 12 7
Safety stoppage losses kt   275 79 89 117 92 68
Mining production                
Total tonnes delivered kt   2 456 2 471 2 310 2 384 2 284 2 366
   Merensky delivered kt   1 872 1 908 1 895 1 959 2 026 2 288
   UG2 delivered - BRPM kt   585 563 415 425 258 78
total development km   35.5 39.4 36.5 39.4 30.2 33.4
Stoping to development replacement rate m²/m   31.9 28.7 32.4 27.1 32.2 35.0
IMS panel ratio - BRPM ratio   1.51 1.70 1.52 1.48 1.01 1.12
Concentrator production                
Total tonnes milled kt     2 461   2 479   2 301   2 375   2 305   2 407
   Tonnes milled at BRPM kt   2 044 2 112 2 010 2 214 2 162 2 380
   Tonnes milled at Waterval kt   417 367 291 160 142 27
Built-up head grade (4E) g/t   4.11 4.29 4.38 4.07 4.35 4.31
   Merensky built-up head grade (4E) g/t   4.20 4.45 4.51 4.22 4.44 4.32
   UG2 built-up head grade (4E) g/t   3.79 3.74 3.76 3.36 3.60 3.83
Total recovery %   85.68 86.05 86.37 86.71 87.47 86.43
4E metals in concentrate koz   278 294 280 269 282 288
Pt metal in concentrate koz   180 190 181 174 183 187
labour                
Working cost labour number     6 256   6 272   6 180   6 057   6 553++   6 793++
Capital labour number   999 2 601 1 727 1 686 1 389 877
Stoping crew efficiencies m²/crew   309 336 320 307 308 343
Tonnes milled per total employee t/emp   32.8 33.1 31.6 29.8 29.3 29.5
Operating costs                
Cash operating costs R (million)     2 548   2 361   2 093   2 051   1 802   1 700
Cash operating cost per tonne milled R/t   1 066 957 920 864 782 707
Cash operating cost per 4E ounce R/4E oz   9 359 8 040 7 519 7 616 6 399 5 902
Cash operating cost per platinum ounce R/Pt oz   14 504 12 463 11 592 11 775 9 863 9 076
++ 2010 and 2011 numbers are averaged for the year, thereafter year-end numbers are provided