Aquarius Platinum Ltd - Annual Report 2004


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Consolidated income statement

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	Financials

	Director’s declaration

	Independent auditors’ report

	Consolidated income statement

	Consolidated balance sheet

	Consolidated statement of cash flows

	Consolidated statement of recognised gains and losses

	Notes to the consolidated financial statements

	Shareholder information

	Corporate Directory

	Key Commentary

	Chairman’s statement Chief Executive Officer’s report Review of operations

Consolidated income statement
for the year ended 30 June 2004


	Note	2004 $’000	2003 $’000
Revenue Cost of sales	3 3	191,875 (125,420)	96,862 (57,562)
Gross profit before fair value uplift		66,455	39,900
Amortisation of fair value uplift of mining assets		(4,951)	(11,374)
Gross profit after amortisation of fair value uplift of mining assets Administrative costs Other operating costs	3 3	61,504 (6,077) (5,636)	27,926 (4,745) (3,033)
Profit from operating activities Finance costs		49,791 (10,661)	20,148 (2,040)
Profit from ordinary activities before income tax Income tax expense		39,130 (5,674)	18,108 (6,456)
Net profit from ordinary activities Minority interest		33,456 (4,752)	11,652 (1,108)
Net profit	25	28,704	10,544
Earnings per share
Basic earnings per share (cents per share) Diluted earnings per share (cents per share)	5 5	35.08 35.08	13.22 13.21


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Consolidated balance sheet