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Profile’s Stock Exchange Handbook: 2020 – Issue 2 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
HAR NAV (ZARc) 4 408.15 4 189.01 5 073.85 6 657.69 6 443.87
ISIN: ZAE000015228 3 Yr Beta 0.48 0.94 - 0.33 0.92 - 0.22
SHORT: HARMONY
CODE: HAR Price Prd End 5 120 3 174 2 122 2 168 5 247
REG NO: 1950/038232/06 Price High 5 906 3 298 2 908 6 700 6 289
FOUNDED: 1950 Price Low 2 945 2 036 1 900 2 009 792
LISTED: 1951 RATIOS
Ret on SH fund 11.20 - 11.53 - 17.62 1.24 3.37
NATURE OF BUSINESS: Ret on Tot Ass 7.94 7.47 - 11.83 - 0.38 4.27
Harmony Gold Mining Company Ltd. (‘Harmony’) is a Oper Pft Mgn 10.56 - 9.43 - 22.79 - 5.16 8.68
gold-mining and exploration company with operations in D:E 0.42 0.26 0.22 0.07 0.08
n/a
n/a
n/a
SouthAfricaandPapuaNew Guinea(PNG), oneoftheworld’s Interest Cover 8.34 1.35 1.16 1.28 48.24
Current Ratio
1.37
1.71
premier new gold regions. Dividend Cover - - - 0.98 4.36
With 69years ofexperience, Harmonyis SouthAfrica’s largest Yield (g/ton) 1.64 1.72 1.76 1.77 1.83
gold producer. The company is listed and regulated by stock Ton Mll (‘000) 13 084 25 976 22 441 19 401 18 373
exchangesinJohannesburgandNewYork,andisaconstituent Output (kg) 21 411 44 734 38 193 33 836 33 655
of the FTSE/JSE Responsible Investment index. The Price Received 683 158 586 653 570 709 570 164 544 984
company’s shares are also quoted in the form of American De- WrkCost(R/kg) 499 139 439 722 421 260 436 917 392 026
positaryReceipts(ADRs)ontheNew YorkStockExchange.In NUMBER OF EMPLOYEES: 39 773
DIRECTORS: Motau H G (ind ne),
South Africa, Harmony has nine underground mines Sibiya G R (ind ne), Sisulu M V (ind ne),
(Tshepongcomplexis classifiedasone)andoneopen-pit mine Lekubo B P (FD), Chissano J A (ind ne, Moz),
and several surface operations. In PNG, Harmony has the Dicks K V (ind ne), LushabaDrDSS(ind ne),
Hidden Valley open-pit gold and silver mine and surrounding Mashego H E, Msimang M (ld ind ne),
exploration tenements. Harmony has a 50% joint venture Nondumo K T (ind ne), Wetton J L (ind ne),
Pillay V P (ind ne), De Buck FFT(ind ne),
with Newcrest Mining Ltd (Newcrest) in the Wafi-Golpu Wilkens A J (ne), Motloba M J (Dep Chair, ind ne),
project. Harmony’s own(100%) explorationportfoliofocuses Scan the QR code to Abbott F, Motsepe Dr P T (Chair, ne),
Steenkamp P W (CEO)
principally on highly prospective areas in PNG and SA. visit our website POSTAL ADDRESS:POBox2,Randfontein,1760
In FY19, Harmony produced 1.438Moz of gold (FY18: EMAIL: HarmonyIR@harmony.co.za
1.22Moz) and at year end employed close to 32 876 people WEBSITE: www.harmony.co.za
(including some 6 897 contractors), mostly in South Africa. TELEPHONE: 011-411-2000 FAX: 011-692-3879
Harmony’s attributable gold and gold equivalent mineral COMPANY SECRETARY: Shela Mohatla (acting)
reserves amounts to 36.5Moz¹, a 0.8% decrease from the TRANSFER SECRETARY: Link Market Services South Africa (Pty) Ltd.
36.8Moz¹ declared at June 2018. The gold reserve ounces in SPONSOR: JP Morgan Equities South Africa (Pty) Ltd.
South Africa represent 47%, while the PNG gold and gold AUDITORS: PwC Inc.
BANKERS: Nedbank Ltd.
equivalent ounces represent 53% of Harmony’s total mineral SEGMENTAL REPORTING as at 31 Dec 19 (asa%of Revenue)
reserves as at 30 June 2019. South Africa 87.87%
Harmony’s shareholders are located around the world, International 12.13%
primarily in South Africa (33%), the United States (51%) and CALENDAR Expected Status
the Europe (14%) as at 30 June 2019.
Next Final Results 18 Aug 2020 Estimate
Our corporate offices are based in Randfontein, South Africa.
Harmony is governed by an experienced board of directors. Annual General Meeting Nov 2020 Unconfirmed
Skilled management teams ensure the company continues to Next Interim Results Feb 2021 Unconfirmed
deliver on its strategy to produce safe, profitable ounces and
increase margins. CAPITAL STRUCTURE AUTHORISED ISSUED
HAR Ords no par val 1 200 000 000 542 382 450
¹Gold equivalent based on USD1 290/oz gold, USD3.00/lb
copper at 100% recovery for both metals. DISTRIBUTIONS [ZARc]
Ords no par val Ldt Pay Amt
SECTOR: Basic Materials—Basic Resrcs—Mining—Gold Mining Final No 88 10 Oct 17 16 Oct 17 35.00
MAJOR ORDINARY SHAREHOLDERS as at 12 Mar 2020 Interim No 87 14 Mar 17 20 Mar 17 50.00
African Rainbow Minerals Ltd. 13.83% Final No 86 13 Sep 16 19 Sep 16 50.00
Van Eck Associate Corporation 12.21% Interim No 85 1 Mar 13 11 Mar 13 50.00
Public Investment Corporation (SOC) Ltd. 5.06%
LIQUIDITY: Mar20 Ave 12m shares p.w., R492.2m(115.2% p.a.)
FINANCIAL STATISTICS GLDX 40 Week MA HARMONY
(R million) Dec 19 Jun 19 Jun 18 Jun 17 Jun 16
Interim Final Final(rst) Final Final
Wrk Revenue 15 477 26 912 20 452 19 264 18 334 6003
Wrk Pft 1 634 - 2 538 - 4 660 - 994 1 592
4721
NetIntPd(Rcd) 196 267 - 13 - 34 18
Tax 157 - 139 - 234 - 510 632
3438
Att Inc 1 332 - 2 607 - 4 473 362 949
TotCompIncLoss 1 088 - 3 309 - 5 133 1 180 1 092 2156
Ord SH Int 23 797 22 614 25 382 29 291 28 179
LT Liab 9 795 10 200 9 395 4 046 4 407 2015 | 2016 | 2017 | 2018 | 2019 | 873
Def Inc & Tax 750 688 1 145 1 702 2 413
Cap Employed 34 337 33 502 35 922 35 039 34 999 Recent Announcements
Mining Ass 28 209 27 749 30 969 30 044 29 919 Tuesday, 24 March 2020: Harmony (“the Company”) notes and
Inv In Assoc 102 110 84 46 - commits its full support for the COVID-19 directives
Inv & Loans 3 486 3 393 3 271 2 911 2 735 announced by South African President Cyril Ramaphosa (“the
Other Ass 618 574 471 344 37
Tot Curr Ass 5 105 4 377 4 181 4 935 3 469 COVID-19 directives”) on 23 March 2020.
CurLiabExclCsh 3 717 3 234 3 599 3 844 2 031 The core directive is a 21-day lockdown for South Africans from
midnight on Thursday, 26 March 2020, until Thursday, 16 April
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 249.00 - 498.00 - 1 003.00 82.00 218.00 2020. All of South Africa’s mining operations are required to be
HEPS-C (ZARc) 249.00 204.00 171.00 298.00 221.00 placed on care and maintenance.
Pct chng p.a. 144.1 19.3 - 42.6 34.8 216.9
Tr 5yr av grwth % - - 119.7 29.8 18.4 40.1
DPS (ZARc) - - - 85.00 50.00
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