Scope and boundary
This report covers the primary operation owned and managed by DRDGOLD Limited (DRDGOLD) – Ergo. This report reflects the financial year ended 30 June 2013 (FY2013), historical information is supplied for context where appropriate, along with a future outlook, where this supports an understanding of the strategy of the business.
BASIS OF REPORTING
Our Integrated Report is the primary document for communication with our shareholders.
The DRDGOLD board, together with the Audit Committee, holds responsibility for this Integrated Report. All directors have had the opportunity to review and comment on the contents and to ensure its integrity. Formal approval was given at a special meeting of the board held on 16 September 2013.
PROGRESSING INTEGRATED REPORTING
This, our third integrated report, demonstrates our progress on the integrated reporting journey. The
content of this report has also taken into account the recommendations from external commentators
on our 2012 report, as well as the Consultation Draft of the International
2013 SUITE OF REPORTS
The DRDGOLD report suite, comprising four separate and distinct documents, contains integrated information on all aspects of the business – operating strategy, risks and opportunities, financial, economic, social and environmental performance – as well as governance – for the company and its operating subsidiary for FY2013.
Integrated Report 2013
This Integrated Report provides an account of the group’s operational, financial, economic, social and environmental performance, as well as governance, during the period under review. DRDGOLD has applied the recommendations of the Code of and Report on Governance Principles for South Africa (King III), the Integrated Report Discussion Paper published by the Integrated Reporting Committee of South Africa, as well as the consultation draft of the International Integrated Reporting Framework published by the International Integrated Reporting Council. Reserves and resources were compiled as defined in the South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves (SAMREC Code). The report is self-assured; and the reserves and resources have been independently reviewed by Coffey Mining for compliance with the SAMREC Code.
Sustainable Development Report 2013
Our Sustainable Development Report has been developed in line with the G3.0 Guidelines of the Global Reporting Initiative (GRI) and GRI’s Mining and Metals Sector Supplement. The report is self-assured, with limited assurance by KPMG Inc. on agreed items.
Annual Financial Statements 2013
Our Annual Financial Statements, which present the audited group and company financial statements, are prepared in accordance with International Reporting Standards (IFRS), SAICA Financial Reporting Guides as issued by the Financial Reporting Practices Committee, Financial Reporting Pronouncements as issued by the Financial Reporting Standards Council and the requirements of the Companies Act of South Africa. An independent audit was performed by KPMG Inc., expressing an unqualified opinion.
Notice to shareholders 2013
Our Notice to shareholders has been presented in accordance with the Companies Act of South Africa, the company’s Memorandum of Incorporation, the JSE Listings Requirements and IAS 34 – Interim Financial Reporting of IFRS. The report is self-assured and reviewed by the company’s lawyers and sponsors.