ANNUAL REPORT 2011 Consolidated Statement of Comprehensive Income For the year ended 30 June 2011 The accompanying notes form part of these financial statements. CONSOLIDA TED Notes  2011  2010 $  $ Revenue  - - Other income  4  2,533,181 1,927,925 Professional fees  (1,405,820) (1,693,291) Employee benefits expense  (4,125,298) (1,860,300) Share based payments  (5,484,684) (3,594,491) Foreign exchange (losses) / gains  (10,380,480) 3,822,487 Depreciation and amortisation expense  (249,967) (294,601) Impairment reversal of investment in associate  3,118,384 212,435 Share of net losses of associate  (867,504) (326,647) Loss on disposal of investment  (932,840) - Loss on derivative financial instruments  (22,763,197) - Devaluation of gold put options  10 (7,440,911) (5,041,788) Write off of capitalised exploration expenditure  - (844,972) Other expenses 5  (3,177,178) (2,087,757) Loss before income tax expense  (51,176,314)  (9,781,000) Income tax expense  6  -  - Loss after tax expense  (51,176,314)  (9,781,000) Other comprehensive loss  Exchange differences on translation of foreign operations  (33,874,942) (1,423,771) Net changes in fair value of cash flow hedges  (38,056,544) - Income tax relating to components of other comprehensive loss  - - Total comprehensive loss for the year  (123,107,800)  (11,204,771) Loss attributable to:  Owners of the parent  (48,245,661) (9,675,702) Non-controlling interests  (2,930,653) (105,298) (51,176,314)  (9,781,000) Total comprehensive loss attributable to:  Owners of the parent  (116,652,370) (11,103,723) Non-controlling interests  (6,455,430) (101,048) (123,107,800)  (11,204,771) Basic loss per share 28  (12.11) cents (2.94) cents 41