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Essay text:
Financial Summary
1
§ Operating profit for the year amounted to $353 million an increase of 20% on the prior year.
§ Gross profit for the year was $373 million
§ Turnover increased by $98 million to $1128 million.
§ Cost of sales for the period was $755 million.
§ 17% increase in the average price realized for basket of metals sold.
§ Sales volumes of PGMs decreased from 1,761,171 ounces to 1,692,517 ounces
§ Underlying earnings per share increased from 96.9 cents per share to 124.9 cents per share.
§ Net cash inflow from operating activities was $377 million during 2005, a 6% decrease on the previous year's figure of $400million...
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