Page 153 - SHB 2020 Issue 1

Profile’s Stock Exchange Handbook: 2020 – Issue 1 JSE – HAR
Pct chng p.a. - - 100.0 70.0 - -
Harmony Gold Mining Company Ltd. Tr 5yr av grwth % - 6.0 - 6.0 - 6.0 - 10.0 - 6.0
HAR NAV (ZARc) 4 189.01 5 073.85 6 657.69 6 443.87 6 133.38
ISIN: ZAE000015228
SHORT: HAR MONY 3 Yr Beta 0.94 - 0.33 0.92 - 0.22 1.63
CODE: HAR Price Prd End 3 174 2 122 2 168 5 247 1 559
REG NO: 1950/038232/06 Price High 3 298 2 908 6 700 6 289 3 850
FOUNDED: 1950 Price Low 2 036 1 900 2 009 792 1 532
LISTED: 1951 RATIOS
Ret on SH fund - 11.53 - 17.62 1.24 3.37 - 16.96
NATURE OF BUSINESS: Ret on Tot Ass 7.47 - 11.83 - 0.38 4.27 - 14.50
Harmony Gold Mining Company Ltd. (‘Harmony’) is a Oper Pft Mgn - 9.43 - 22.79 - 5.16 8.68 - 33.64
gold-mining and ex plo ra tion company with op er a tions in D:E 0.26 0.22 0.07 0.08 0.13
South Africa and Papua New Guinea (PNG), one of the Interest Cover n/a n/a n/a 48.24 n/a
world’s premier new gold regions. Current Ratio 1.35 1.16 1.28 1.71 1.90
With 69 years of experience, Harmony is South Africa’s Dividend Cover - - 0.98 4.36 -
largest gold producer. The company is listed and regulated by Yield (g/ton) 1.72 1.76 1.77 1.83 1.86
stock exchanges in Jo han nes burg and New York, and is a con - Ton Mll (‘000) 25 976 22 441 19 401 18 373 18 063
33 513
38 193
Output (kg)
44 734
33 655
33 836
stit u ent of the FTSE/JSE Re spon si ble In vest ment index. The Price Received 586 653 570 709 570 164 544 984 449 570
company’s shares are also quoted in the form of American De - WrkCost(R/kg) 439 722 421 260 436 917 392 026 369 203
pos i tary Receipts (ADRs) on the New York Stock Exchange. NUMBER OF EMPLOYEES: 39 773
In South Africa, Harmony has nine underground mines DIRECTORS: Motau H G (ind ne),
(Tshepong complex is classified as one) and one open-pit Sibiya G R (ind ne), Sisulu M V (ind ne),
mine and several surface op er a tions. In PNG, Harmony has Chissano J A (ind ne, Moz), Dicks K V (ind ne),
the Hidden Valley open-pit gold and silver mine and sur- Lushaba Dr D S S (ind ne), Mashego H E,
Msimang M (ld ind ne), Nondumo K T (ind ne),
round ing ex plo ra tion tenements. Harmony has a 50% joint Wetton J L (ind ne), Pillay V P (ind ne), De
venture with Newcrest Mining Ltd (Newcrest) in the Buck F F T (ind ne), Wilkens A J (ne),
Wafi-Golpu project. Harmony’s own (100%) exploration Motloba M J (Dep Chair, ind ne), Abbott F (FD),
Motsepe P T (Chair, ne), Steenkamp P W (CEO)
portfolio focuses prin ci pally on highly pro spec tive areas in Scan the QR code to POSTAL ADDRESS: PO Box 2, Randfontein, 1760
visit our website
PNG and SA. EMAIL: corporate@harmony.co.za
In FY19, Harmony produced 1.438Moz of gold (FY18: WEBSITE: www.harmony.co.za
1.22Moz) and at year end employed close to 32 876 people TELE PHONE: 011-411-2000 FAX: 011-692-3879
(including some 6 897 con trac tors), mostly in South Africa. COMPANY SECRETARY: Riana Bisschoff
Harmony’s attributable gold and gold equivalent mineral TRANSFER SECRETARY: Link Market Services South Africa (Pty) Ltd.
SPONSOR: JP Morgan Equities South Africa (Pty) Ltd.
reserves amounts to 36.5Moz¹, a 0.8% decrease from the AUDITORS: PwC Inc.
36.8Moz¹ declared at June 2018. The gold reserve ounces in BANKERS: Nedbank Ltd.
South Africa represent 47%, while the PNG gold and gold SEGMENTAL REPORTING as at 30 Jun 19 (as a % of Revenue)
equiv a lent ounces represent 53% of Harmony’s total mineral South Africa 86.27%
reserves as at 30 June 2019. International 13.73%
Harmony’s share holders are located around the world, CALENDAR Expected Status
primarily in South Africa (33%), the United States (51%) and Next Interim Results 11 Feb 2020 Es ti mate
the Europe (14%) as at 30 June 2019. Next Final Results 18 Aug 2020 Es ti mate
Our corporate offices are based in Randfontein, South Africa. Annual General Meeting Nov 2020 Un con firmed
Harmony is governed by an ex pe ri enced board of directors.
Skilled man age ment teams ensure the company continues to CAPITAL STRUCTURE AUTHORISED ISSUED
deliver on its strategy to produce safe, prof it able ounces and HAR Ords no par val 1 200 000 000 539 875 328
increase margins. DISTRIBUTIONS [ZARc]
¹Gold equiv a lent based on USD1 290/oz gold, USD3.00/lb Ords no par val Ldt Pay Amt
copper at 100% recovery for both metals. Final No 88 10 Oct 17 16 Oct 17 35.00
Interim No 87 14 Mar 17 20 Mar 17 50.00
SECTOR: Basic Materials—Basic Resrcs—Mining—Gold Mining Final No 86 13 Sep 16 19 Sep 16 50.00
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2019 Interim No 85 1 Mar 13 11 Mar 13 50.00
African Rainbow Minerals Ltd. 13.83%
Van Eck Associate Corporation 12.21% LIQUIDITY: Nov19 Ave 10m shares p.w., R344.8m(98.8% p.a.)
Fairtree Capital 4.01% GLDX 40 Week MA HARMONY
FINANCIAL STATISTICS
7583
(R million) Jun 19 Jun 18 Jun 17 Jun 16 Jun 15
Final Final(rst) Final Final Final
6241
Wrk Revenue 26 912 20 452 19 264 18 334 15 435
Wrk Pft - 2 538 - 4 660 - 994 1 592 - 5 193 4899
NetIntPd(Rcd) 267 - 13 - 34 18 35
Tax - 139 - 234 - 510 632 - 704 3557
Att Inc - 2 607 - 4 473 362 949 - 4 536
2215
TotCompIncLoss - 3 291 - 5 133 1 180 1 092 - 4 477
Ord SH Int 22 614 25 382 29 291 28 179 26 753
873
LT Liab 10 200 9 395 4 046 4 407 5 817 2014 | 2015 | 2016 | 2017 | 2018 | 2019
Def Inc & Tax 688 1 145 1 702 2 413 1 906
Cap Employed 33 502 35 922 35 039 34 999 34 476 Recent Announcements
Mining Ass 27 749 30 969 30 044 29 919 29 548 Wednesday, 13 November 2019: Harmony Gold Mining Company
Inv In Assoc 110 84 46 - - (“Harmony” or “the company”) is pleased to report that good
Inv & Loans 3 393 3 271 2 911 2 735 2 517 momentum at most of its mines, together with a higher Rand
Other Ass 574 471 344 37 36
Tot Curr Ass 4 377 4 181 4 935 3 469 3 151 gold price received, resulted in much stronger cash operating
CurLiabExclCsh 3 234 3 599 3 844 2 031 1 661 cash flows in the first quarter of financial year 2020 (FY20).
Gold pro duc tion from the South African un der ground op er a -
PER SHARE STATISTICS (cents per share)
EPS (ZARc) - 498.00 - 1 003.00 82.00 218.00 - 1 044.00 tions quarter on quarter was 7% higher at 8 736kg, Total gold
HEPS-C (ZARc) 204.00 171.00 298.00 221.00 - 189.00 pro duc tion rose by 1.5% to 11 231kg. Un der ground recovered
Pct chng p.a. 19.3 - 42.6 34.8 216.9 - 826.9 grade reduced by 5.4% to 5.26g/t at the South African un der -
Tr 5yr av grwth % - 119.7 29.8 18.4 40.1 4 616.8 ground operations.
DPS (ZARc) - - 85.00 50.00 -
149