Aquarius Platinum Limited   2004 
Annual  Report
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Glossary of terms
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  Chairmans statement

Chief Executive Officer’s report

Review of operations

Market report

Investor relations

Sustainable development

Mineral Resources and Ore Reserves

Director’s report

Glossary of terms

Corporate governance statement
 
 
   
  Consolidated income statement

Consolidated balance sheet

Consolidated statement of cash flows
 
 
     
  The following definitions apply throughout the annual financial statements:  
       
 
AquariusPlatinum Aquarius Platinum Limited, the parent entity, a company incorporated in Bermuda with registration number EC 26290
APS Aquarius Platinum Corporate Services Pty Ltd
AQP(SA) Aquarius Platinum (South Africa) (Proprietary) Limited (registration number 2000/000341/07), a company incorporated in the Republic of South Africa and a controlled entity of Aquarius
ASACS Aquarius Platinum (South Africa) (Corporate Services) (Pty) Limited
AQS Aquarius Platinum (Australia) Limited (A.B.N. 007 870 699), a company incorporated in Australia and a wholly owned subsidiary of Aquarius
ASX Australian Stock Exchange
A$ Australian dollar
Beyond 22K Cost control and efficiency improvement initiative to produce more than 22,000 PGM ounces at Kroondal on a monthly basis.
DIIR Disabling Injury Incidence Rate – being the number of lost time injuries expressed as a rate per 200,000 manhours worked
EMPR Environmental Management Programme Report
Everest Everest Platinum Mine, formerly known as Everest South
g/t Grams per ton, measurement unit of grade (1 g/t = 1 part per million)
£ Great British pound
JORC code Australasian code for reporting of Mineral Resources and Ore Reserves
LHD Load Haul Dump machine
LSE London Stock Exchange
Implats Impala Platinum Holdings Limited (registration number 1957/001979/06), a company incorporated in the Republic of South Africa
Kroondal Kroondal Platinum Mines Limited (registration number 77/02213/06), a company incorporated in the Republic of South Africa and a controlled entity of Aquarius
Marikana Marikana Platinum Mine
Mimosa Mimosa Investments Limited (registration number 26645/6593), a company incorporated in the Republic of Mauritius and a jointly controlled entity of Aquarius
and Implats (formerly known as ZCE Platinum Limited)
NOSA National Occupational Safety Association
PGM(s) (4e) Platinum Group Metals. Aquarius reports the composite grade comprising Pt+Pd+Rh+Au (gold), and Pt, Pd and Rh being the most economic platinoids in the UG2 Reef.
PSA Pooling & Sharing Agreement between KPM and Rustenburg Platinum Mines Limited, a subsidiary of Anglo Platinum
ROM Run of Mine. The ore from mining which is fed to the concentrator plant. This is usually a mixture of UG2 ore and waste.
R South African rand
TKO TKO Investment Holdings Limited, a company incorporated in the Republic of South Africa and a controlled entity of AQP(SA)
Z$ Zimbabwe Dollar
UG2 Reef A PGE-bearing chromite layer within the Critical Zone of the Bushveld Complex
$ United States dollars
 
     
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  Director's report