Annual Financial Statements for the year
ended 31 December 2009

 
IN THIS SECTION
Arrow Highlights
Arrow Revenue
Arrow Operational performance
Arrow Revenue: sector analysis
Arrow Operating expenditure
Arrow Sishen Mine unit cost
Arrow Operating profit
Arrow Asset optimisation and procurement
Arrow Capital expenditure
Arrow Net debt
Arrow Acquisition of business
Arrow Legal proceedings
Arrow Shareholder returns
Arrow Key factors affecting future operating results
Arrow Change in accounting estimates
Arrow Change in accounting policies
   
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Capital expenditure

The group incurred capital expenditure on property, plant and equipment of R4.0 billion for the year (2008: R2.6 billion) for the expansion of its operations (R2.8 billion), mainly on the development of Kolomela Mine (R2.5 billion), and R1.2 billion (2008: R841 million) to maintain its operations. At Sishen Mine R1.0 billion capital expenditure was incurred on the programme to increase the mining fleet capacity by approximately 20% to cater for increased waste mining volumes. R3.2 billion of capital expenditure (including R189 million of capitalised mining operating expenses) has been incurred to date on Kolomela Mine, of which R2.5 billion was incurred during the year ended 31 December 2009.

 

  A member of the Anglo American plc group