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ANNUAL REPORT 2010

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consolidated income statement

For the year ended 30 June 2010

CONSOLIDATED
Notes2010
US$M
2009 
US$M
Revenue
Revenue4(a)204.3114.8
Cost of sales(131.6)(53.0)
72.761.8
Depreciation and amortisation(14.3)(8.8)
Product distribution costs(3.4)(1.3)
Royalties(4.0)(3.3)
Gross profit51.048.4
Other income4(b)9.51.1
Exploration and evaluation expenses15(17.1)(12.2)
Administration and marketing(38.6)(35.7)
Other expenses4(c)(9.1)(3.8)
Impairment of exploration and evaluation15-(753.8)
Impairment of available-for-sale financial assets-(26.0)
Finance costs4(d)(21.4)(30.5)
Share of loss of an associate11(b)-(0.9)
Net loss before income tax (expense)/benefit(25.7)(813.4)
Income tax (expense)/benefit5(a)(28.1)237.0
Net loss after tax (53.8)(576.4)
Attributable to:
Non-controlling interests21(0.9)(96.2)
Members of the parent(52.9)(480.2)
Loss per share (US cents)
Loss after tax from operations
attributable to ordinary equity holders of the Company
– basic and diluted (US cents)32(7.6)(77.7)

The above Consolidated Income Statement should be read in conjunction with the accompanying notes.