Cashflow Statement (Resend)
Harmony Gold Mining Company Limited
Inclusion of Headline EPS calculated for the financial year ended
30 June 2001
To comply with the latest JSE Listing Requirements the company has
calculated and reported its headline earnings per share and an abridged
cashflow statement for the financial year ended 30 June 2001. For comparison
purposes the headline earnings per share for the previous financial year has
also been included. Previously the company only calculated and disclosed
earnings per share as per GARP.
                                          2001           2000
Net profit                                125,675        363,980
(Profit) / loss on sale of mining
assets                                    (80,425)       (40,000)
(Profit) / loss on sale of other
assets and listed investments             18,486         (15,700)
Impairment of mining assets               200,369        0
Taxation on exceptional items             6,389          11,697
Headline earnings                         270,494        319,977
Weighted average number of shares
in issue                                  102,884,431    83,593,424
Earnings per share                        122.2          435.4
Headline earnings per share               262.9          382.8
Amended Abridged cashflow for the year ended 30 June 2001
                                              2001          2000
Cash flows from operations                    192,457       289,200
Net cash utilised in investing
activities                                    (1,642,917)   (344,300)
Net cash generated by financing
activities                                    2,080,892     309,600
Net increase in cash and equivalents          630,432       254,500
Cash and cash equivalents 1 July 2000         528,100       273,600
Cash and cash equivalents 30 June 2001        1,158,532     528,100
The figures for the financial year ended 30 June 2001 has been reviewed by
Harmony's auditors, PriceWaterhouseCoopers, and the review opinion is
available for inspection at the company's registered address.