Page 127 - Profile's Stock Exchange Handbook -2024 Issue 4
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Profile’s Stock Exchange Handbook: 2024 – Issue 4                       JSE – HAR
                                                              NUMBER OF EMPLOYEES: 45 921
        Harmony Gold Mining Company Ltd.                      DIRECTORS: Nqwababa B (ind ne),
        HAR                                                    Prinsloo M (ind ne), Sibiya G R (ind ne),
                              ISIN: ZAE000015228               Turner P L (ind ne), Lekubo B P (FD),
                              SHORT: HARMONY                   Mashego Dr H E (Executive Director),
                              CODE: HAR                        MsimangDrM(ld ind ne),
                              REG NO: 1950/038232/06           Nondumo K T (Dep Chair, ind ne),
                              FOUNDED: 1950                    Wetton J L (ind ne), Pillay V P (ind ne),
                              LISTED: 1951                     Motsepe Dr P T (Chair, ne), Steenkamp P W (CEO)
                                                  Scan the QR code to  POPULAR BRAND NAMES: Harmony
        NATURE OF BUSINESS:                        visit our website  POSTAL ADDRESS:POBox2,Randfontein,1760
        Harmony Gold Mining Company Ltd. (‘Harmony’) is a     EMAIL: HarmonyIR@harmony.co.za
        mining specialist with a growing international copper  WEBSITE: www.harmony.co.za
        footprint. It has operations and projects in South Africa,  TELEPHONE: 011-411-2000
        Australiaand PapuaNew Guinea (PNG), oneofthe world’s  COMPANY SECRETARY: Shela Mohatla
                                                  TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
        premier new gold-copper regions. Harmony is South
                                                  SPONSOR: JP Morgan Equities South Africa (Pty) Ltd.
        Africa’s largest gold producer by volume and a global leader  AUDITORS: Ernst & Young Inc.
        in secondary mining through our gold tailings retreatment  BANKERS: Nedbank Ltd.
        business.                                 SEGMENTAL REPORTING as at 30 Jun 2024 (asa%of Revenue)
        Our shares are listed on the Johannesburg Stock Exchange  South Africa       89.50%
                                                                                     10.50%
                                                    International
        (JSE) (HAR) and our American Depositary shares trade on
        theNew York StockExchange(NYSE)(HMY).     CALENDAR               Expected     Status
        In FY24, Harmony produced 1.56Moz of gold and at year  Annual General Meeting  Dec 2024  Unconfirmed
        end employed 45 921 people. Harmony’s attributable gold  Next Interim Results  Feb 2025  Unconfirmed
        and gold equivalent mineral reserves amount to 40.3Moz as  Next Final Results  Aug 2025  Unconfirmed
        at 30 June 2024.
                                                  CAPITAL STRUCTURE   AUTHORISED     ISSUED
       SECTOR:BasicMaterials—BasicResrcs—PreciousMet&Min—GoldMin
       MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024  HAR  Ords no par val  1 200 000 000  632 634 413
         Public Investment Corporation    15.02%  DISTRIBUTIONS [ZARc]
         Van Eck Associate Corporation    12.17%  Ords no par val       Ldt     Pay    Amt
         African Rainbow Minerals Ltd.    12.04%
                                                  Final No 95        8 Oct 24  14 Oct 24  94.00
       FINANCIAL STATISTICS                       Interim No 94      9 Apr 24  15 Apr 24  147.00
       (R million)  Jun 24  Jun 23  Jun 22  Jun 21  Jun 20  Final No 93  10 Oct 23  16 Oct 23  75.00
                     Final  Final  Final  Final  Final  Final No 92  11 Oct 22  17 Oct 22  22.00
       Wrk Revenue  61 379  49 275  42 645  41 733  29 245  LIQUIDITY: Sep24 Avg 11m shares p.w., R1 571.8m(92.7% p.a.)
       Wrk Pft      11 676  7 094  - 755  6 450  - 358
       NetIntPd(Rcd)  - 13  331  366   330  286           MINI       40 Week MA   HARMONY
       Tax           3 082  1 723  - 46  1 258  255                                    18659
       Minority Int   101   63    40   37    28
       Att Inc       8 587  4 820  - 1 052  5 087  - 878                               15380
       TotCompIncLoss  7 268  4 803  - 810  8 375  - 2 808
                                                                                       12102
       Ord SH Int   40 774  34 757  30 039  31 160  23 371
       Minority Int   175  123    78   54     4                                        8823
       LT Liab       9 201  13 199  10 130  9 858  12 761
       Def Inc & Tax  2 951  2 294  1 586  2 178  996                                  5545
       Cap Employed  53 101  50 373  41 833  43 250  37 132
                                                                                       2266
       Total PPE    41 348  41 507  32 872  33 597  29 186  2019  |  2020  |  2021  |  2022  |  2023  |  2024
       Inv In Assoc   165  111   125   126  146
       Inv & Loans   6 494  6 121  5 555  5 232  3 642  Recent Announcements
       Def Tax Asset  140  189   203   272  531   Harmony results for the year ended 30 June 2024 - Thursday, 05
       Other Ass      797  601   511   660  485    September 2024: Revenuefor theyearjumpedtoR61.4billion
       Tot Curr Ass  11 497  8 678  7 494  8 551  10 166  (2023: R49.3 billion) while operating profit shot up to R11.7
       CurLiabExclCsh  7 359  6 867  4 975  5 553  7 560  billion (2023: R7.1 billion). Net profit for the year attributable
                                                   to owners of the parent soared to R8.6 billion (2023: R4.8
       PER SHARE STATISTICS (cents per share)
       EPS (ZARc)  1 386.00  780.00  - 172.00  842.00  - 164.00  billion). Furthermore, headline earnings per share was
       HEPS-C (ZARc)  1 852.00  800.00  499.00  987.00  - 154.00  reported over 100% higher at 1 852cps (2023: 800cps).
       Pct chng p.a.  131.5  60.3  - 49.4  740.9  - 175.5  Declaration of final gross cash ordinary dividend no. 95
       Tr 5yr av grwth %  141.6  119.1  98.5  115.4  10.6  The Board has approved, and notice was given, that afinal gross
       DPS (ZARc)   241.00  75.00  62.00  137.00  -  cash dividend of 94 SA cents (USD5.27497 cents*) per
       Pct chng p.a.  25.3  21.0  - 54.7  -   -    ordinary share in respect of the 12 months ended 30 June 2024,
       Tr 5yr av grwth %  - 1.7  - 26.8  - 42.7  - 17.8  - 17.8  has been declared payable to the registered shareholders of
       NAV (ZARc)  6 445.11 5 623.46 4 872.30 5 058.01 3 874.87  Harmony on Monday, 14 October 2024.
       3 Yr Beta     1.55  1.12  1.96  1.73  1.84  Looking ahead
       Price Prd End  16 805  7 925  5 197  5 276  7 186  Looking back over the past eight years as CEO of Harmony, I
       Price High   18 742  9 969  8 265  12 495  7 369  am pleased that our goals and objectives have largely been
       Price Low     6 500  3 412  4 387  5 188  3 031  achieved. This has been a monumental team effort and I have
       RATIOS                                      no doubt there is a solid foundation on which Harmony will
       Ret on SH fund  21.22  14.00  - 3.36  16.42  - 3.64  continue going from strength to strength.
       Ret on Tot Ass  19.47  11.55  - 2.26  13.18  - 1.35  Our focus on embedding sustainability in all decision-making
       Oper Pft Mgn  19.02  14.40  - 1.77  15.46  - 1.22  has enabled us to lower our overall risk profile. We continue to
       D:E           0.22  0.38  0.34  0.33  0.56  prioritise improving our safety record and I believe zero
       Interest Cover  898.15  20.79  - 2.06  20.09  - 1.40  loss-of-life can be achieved by taking personal ownership of
       Current Ratio  1.56  1.26  1.51  1.54  1.34
       Dividend Cover  5.75  10.40  - 2.77  6.15  -  safety at all times.
       Yield (g/ton)  0.95  0.88  0.86  0.97  1.49  Through operational excellence, we have improved our key
                                                   operational metrics, including grade, production and costs.
       Ton Mll (‘000)  51 319  52 135  53 801  49 253  25 429
       Output (kg)  48 578  45 651  46 236  47 755  37 863  We continue focussing on enhancing safety and productivity
       Price Received  1 201 653 1 032 646  894 218  851 045  735 569  throughout Harmony.
       WrkCost(R/kg)  758 736  735 634  701 024  600 592  553 513
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