Page 138 - Profile's Stock Exchange Handbook 2020 Issue 4

JSE – HAR Profile’s Stock Exchange Handbook: 2020 – Issue 4
Pct chng p.a. - 175.5 19.3 - 42.6 34.8 216.9
Harmony Gold Mining Company Ltd. Tr 5yr av grwth % 10.6 - 119.7 29.8 18.4 40.1
HAR DPS (ZARc) - - - 85.00 50.00
ISIN: ZAE000015228
SHORT: HARMONY Pct chng p.a. - - - 100.0 70.0 -
CODE: HAR Tr 5yr av grwth% -6.0 -6.0 -6.0 -6.0 -10.0
REG NO: 1950/038232/06 NAV (ZARc) 3 874.87 4 189.01 5 073.85 6 657.69 6 443.87
FOUNDED: 1950 3 Yr Beta 1.84 0.94 - 0.33 0.92 - 0.22
LISTED: 1951 Price Prd End 7 186 3 174 2 122 2 168 5 247
Price High 7 428 3 298 2 908 6 700 6 289
NATURE OF BUSINESS: Price Low 2 945 2 036 1 900 2 009 792
Harmony Gold Mining Company Ltd. (‘Harmony’) is a RATIOS
gold-mining and exploration company with operations in Ret on SH fund - 3.64 - 11.53 - 17.62 1.24 3.37
South Africa and Papua New Guinea (PNG), one of the Ret on Tot Ass - 1.33 7.47 - 11.83 - 0.38 4.27
world’s premier new gold regions. Oper Pft Mgn - 1.22 - 9.43 - 22.79 - 5.16 8.68
0.08
0.07
0.22
0.26
0.33
D:E
With 70 years of experience, Harmony is South Africa’s
Interest Cover n/a n/a n/a n/a 48.24
largest gold producer. The company is listed and regulated by Current Ratio 1.34 1.35 1.16 1.28 1.71
stock exchanges in Johannesburg and New York, and is a con- Dividend Cover - - - 0.98 4.36
stituent of the FTSE/JSE Responsible Investment index. The Yield (g/ton) 1.49 1.72 1.76 1.77 1.83
company’s shares are also quoted in the form of American De- Ton Mll (‘000) 25 429 25 976 22 441 19 401 18 373
positary Receipts (ADRs) on the New York Stock Exchange. Output (kg) 37 863 44 734 38 193 33 836 33 655
Price Received 735 569 586 653 570 709 570 164 544 984
In South Africa, Harmony has nine underground mines
(Tshepong complex is classified as one) and one open-pit WrkCost(R/kg) 553 513 439 722 421 260 436 917 392 026
mine and several surface operations. In PNG, Harmony has NUMBER OF EMPLOYEES: 39 714
DIRECTORS: MotauHG(ind ne),
the Hidden Valley open-pit gold and silver mine and sur- SibiyaGR(ind ne), Lekubo B P (FD),
rounding exploration tenements. Harmony has a 50% joint ChissanoJA(ind ne, Moz),
Lushaba DrDSS(ind ne), Mashego H E,
venture with Newcrest Mining Ltd (Newcrest) in the Msimang M (ld ind ne), NondumoKT(ind ne),
Wafi-Golpu project. Harmony’s own (100%) exploration WettonJL(ind ne), PillayVP(ind ne),
portfolio focuses principally on highly prospective areas in De BuckFFT(ind ne), WilkensAJ(ne),
Motloba M J (Dep Chair, ne),
PNG and SA. Motsepe Dr P T (Chair, ne),
In FY20, Harmony produced 1.2Moz of gold (FY19: Scan the QR code to Steenkamp P W (CEO)
1.438Moz) and at year end employed close to 39714 people visit our website POSTAL ADDRESS:POBox2,Randfontein,1760
EMAIL: HarmonyIR@harmony.co.za
(including some 5841 contractors), mostly in South Africa. WEBSITE: www.harmony.co.za
Harmony’s attributable gold and gold equivalent mineral TELEPHONE: 011-411-2000 FAX: 011-692-3879
reserves amounts to 36.5Moz¹, a 0.1% increase from the COMPANY SECRETARY: Shela Mohatla
TRANSFER SECRETARY: Link Market Services South Africa (Pty) Ltd.
36.45Moz¹ declared at June 2019. The gold reserve ounces in SPONSOR: JP Morgan Equities South Africa (Pty) Ltd.
South Africa represent 48%, while the PNG gold and gold AUDITORS: PwC Inc.
equivalent ounces represent 52% of Harmony’s total mineral BANKERS: Nedbank Ltd.
reserves as at 30 June 2020. SEGMENTAL REPORTING as at 30 Jun 20 (asa%of Revenue)
South Africa
86.76%
Harmony’s shareholders are located around the world, International 13.24%
primarily in South Africa (32%), the United States (45%) and
the Europe (13%) as at 30 June 2020. CALENDAR Expected Status
Our corporate offices are based in Randfontein, South Africa. Annual General Meeting 20 Nov 2020 Confirmed
Harmony is governed by an experienced board of directors. Next Interim Results Feb 2021 Unconfirmed
Skilled management teams ensure the company continues to Next Final Results Sep 2021 Unconfirmed
deliver on its strategy to produce safe, profitable ounces and
increase margins. CAPITAL STRUCTURE AUTHORISED ISSUED
¹Gold equivalent based on USD1 290/oz gold, USD3.00/lb copper at HAR Ords no par val 1 200 000 000 603 145 648
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 29 Jun 2020 Interim No 87 14 Mar 17 20 Mar 17 50.00
African Rainbow Minerals Ltd. 12.38% Final No 86 13 Sep 16 19 Sep 16 50.00
Van Eck Associate Corporation 10.11% Interim No 85 1 Mar 13 11 Mar 13 50.00
Fairtree Asset Management (Pty) Ltd. 5.40%
FINANCIAL STATISTICS LIQUIDITY: Sep20 Ave 17m shares p.w., R1 134.9m(150.0% p.a.)
(R million) Jun 20 Jun 19 Jun 18 Jun 17 Jun 16 GLDX 40 Week MA HARMONY
Final Final Final(rst) Final Final
13318
Wrk Revenue 29 245 26 912 20 452 19 264 18 334
Wrk Pft - 358 - 2 538 - 4 660 - 994 1 592 10829
NetIntPd(Rcd) 286 267 - 13 - 34 18
Tax 255 - 139 - 234 - 510 632 8340
Minority Int 28 - - - -
5851
Att Inc - 878 - 2 607 - 4 473 362 949
TotCompIncLoss - 2 808 - 3 309 - 5 133 1 180 1 092
3362
Ord SH Int 23 371 22 614 25 382 29 291 28 179
Minority Int 4 - - - - 873
LT Liab 12 761 10 200 9 395 4 046 4 407 2015 | 2016 | 2017 | 2018 | 2019 | 2020
Def Inc & Tax 996 688 1 145 1 702 2 413 Recent Announcements
Cap Employed 37 132 33 502 35 922 35 039 34 999 Harmony final results June 2020 - Tuesday, 15 September 2020:
Mining Ass 29 186 27 749 30 969 30 044 29 919 Revenue for the year increased to R29.245 billion (2019:
Inv In Assoc 146 110 84 46 - R26.912 billion), gross profit turned around to R3.337 billion
Inv & Loans 3 642 3 393 3 271 2 911 2 735
Other Ass 1 016 574 471 344 37 (2019: gross loss of R1.957 billion), operating loss narrowed to
Tot Curr Ass 10 166 4 377 4 181 4 935 3 469 R358 million (2019: loss of R2.538 billion), net loss for the year
CurLiabExclCsh 7 560 3 234 3 599 3 844 2 031 attributable to owners of the parent lowered to R878 million
(2019: loss of R2.607 billion), while headline loss per share
PER SHARE STATISTICS (cents per share)
EPS (ZARc) - 164.00 - 498.00 - 1 003.00 82.00 218.00 came in at 154 cents per share (2019: headline earnings of 204
HEPS-C (ZARc) - 154.00 204.00 171.00 298.00 221.00 cents per share).
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