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APPENDIX 7EXTRACT FROM THE AUDITED CONSOLIDATED ANNUAL FINANCIALSTATEMENTS OF THE COMPANYCONSOLIDATED INCOME STATEMENT for the year ended 31 DecemberNotes 2003 2002 2001Rm Rm RmGross sales revenue 1 16 508.6 20 285.7 18 690.9Commission paid (408.2) (733.0) (812.0)Net sales revenue 16 100.4 19 552.7 17 878.9Cost of sales (segmental information) (12 190.5) (10 129.9) (8 262.9)Gross profit on metal sales 3 909.9 9 422.8 9 616.0Other net (expenditure)/income 5 (269.3) (754.7) 2 452.7Market development and promotional expenditure (257.5) (266.5) (251.0)Operating profit 3 383.1 8 401.6 11 817.7Net interest (paid)/received 6 (236.9) 155.7 340.3Income from associates 14 35.0 181.6 170.6Profit before taxation 7 3 181.2 8 738.9 12 328.6Taxation 8 (1 089.3) (2 998.9) (4 308.8)Net profit 2 091.9 5 740.0 8 019.8Headline earnings 2 091.7 5 630.4 8 008.2Number of ordinary shares in issue (millions) 215.4 214.9 214.1Weighted average number of ordinary sharesin issue (millions) 215.1 214.5 217.0Earnings per share (cents) 9– Basic 972.5 2 676.0 3 695.8– Headline 972.4 2 624.9 3 690.4– Diluted (basic) 971.2 2 671.0 3 692.4– Diluted (headline) 971.1 2 620.0 3 687.0Dividends per share (cents) 640 1 800 2 700– Interim 370 900 1 100– Final 270* 900 1 100– Special – – 500Dividend cover (headline earnings) 1.5 1.5 1.7Reconciliation between basicand headline earningsNet profit 2 091.9 5 740.0 8 019.8Adjustments:Profit on disposal of mineral rights 5 (64.6) (98.0) –Goodwill amortisation 14 13.1 – –Negative goodwill amortisation 14 (11.6) (11.6) (11.6)Scrapping of property, plant and equipment 62.9 – –Carrying amount 89.8 – –Deferred taxation effect (26.9) – –Headline earnings 2 091.7 5 630.4 8 008.2*Proposed ordinary dividend60