• Harmony Gold Mining average return on tangible equity for 2014 was -7.52, a 28.99% increase from 2013.
• Harmony Gold Mining average return on tangible equity for 2013 was -5.83, a 171.45% increase from 2012.
• Harmony Gold Mining average return on tangible equity for 2012 was 8.16, a 135.84% decline from 2011.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.