Annual financial statement
Page 1
FY21 RESULTS * for the year ended 30 June 2021 HIGHLIGHTS for the financial year 2021 ( FY21 ) vs financial year 2020 ( FY20 ) 2 RESPONSIBLE STEWARDSHIP • In Phase 2 of embedding a proactive safety culture focused on leadership and behaviour • Our health initiatives combined with the Covid - 19 standard operating plans embed our commitment to the " S " in ESG • Covid - 19 vaccination drive protecting our employees • Upgraded MSCI score from " CCC " to " B " rating • FTSE4Good constituent • Included in the Bloomberg Gender Equality Index 2021 OPERATIONAL EXCELLENCE • 66 % increase in production profit to R12bn ( US $ 777m ) from R7.2bn ( US $ 459m ) • 1 % increase in underground recovered grade to 5.51g / t from 5.45g / t • 26 % increase in gold production to 47 755kg ( 1 535 352oz ) from 37 863kg ( 1 217 323oz ) • 19 % increase in total mineral resources • 16 % increase in total mineral reserves * These annual financial results have been reviewed by our external auditors , PricewaterhouseCoopers Incorporated ** See dividend notice on page 8 for the details 3 中 4 • 屁 HARMONY ™ Harmony Gold Mining Company Limited Incorporated in the Republic of South Africa Registration number : 1950/038232/06 JSE share code : HAR NYSE share code : HMY ISIN : ZAE000015228 ( Harmony or company ) CASH CERTAINTY • 43 % increase in revenue to R41 733m ( US $ 2 710m ) from R29 245m ( US $ 1 867m ) • 83 % increase in operating free cash flow to R6.5bn ( US $ 424m ) from R3.6bn ( US $ 228m ) • 758 % increase in net profit of R5.6bn ( US $ 352m ) from a loss of R850m ( US $ 56m ) • • 60 % reduction in net debt to R542m ( US $ 38m ) from R1 361m ( US $ 79m ) • Net debt to EBITDA at 0.1x from 0.2x • HEPS increased by 699 % to 923 SA cents ( 60 US cents ) from a net loss per share of 154 SA cents ( 10 US cents ) EFFECTIVE CAPITAL ALLOCATION • Successful integration of Mponeng and related assets Deleveraged balance sheet provides optionality for projects and acquisitions Strong pipeline of organic projects to drive production profile and margin expansion • Final dividend ** of 27 SA cents ( 1.8 US cents ) ^ per share declared • Total FY21 dividend yield of 2.4 % * ^ Illustrative equivalent based on the closing exchange rate of R14.72 / US $ 1 as at 27 August 2021 # As at 27 August 2021