The company annual financial statements represent the South African operations and corporate office.
These company annual financial statements are a statutory requirement and are accordingly presented in South African rands only. The functional currency of the company is South African rands.
| SA Rands | |||
|---|---|---|---|
| Figures in million | Notes | 2007 | 2006 |
| Revenue | 1 | 10,669 | 9,520 |
| Gold income | 1 | 9,971 | 9,151 |
| Cost of sales | 2 | (7,528) | (6,546) |
| Loss on non-hedge derivitaves and other commodity contracts | 29 | (1,205) | (936) |
| Gross profit | 1,238 | 1,669 | |
| Corporate administration and other expenses | (782) | (501) | |
| Market development costs | (68) | (58) | |
| Exploration costs | (28) | (31) | |
| Other operating expenses | 3 | (19) | (50) |
| Operating special items | 4 | 79 | (239) |
| Operating profit | 420 | 790 | |
| Dividends received from other investments | 1 | 16 | |
| Dividends received from subsidiaries | 376 | 52 | |
| Interest received | 1 | 146 | 52 |
| Net inter-company management fee and interest | (6) | (4) | |
| Exchange gain (loss) | 11 | (75) | |
| Finance costs and unwinding of obligations | 5 | (257) | (255) |
| Impairment of investment in Margaret Water Company Limited | 10 | (3) | |
| Profit before taxation | 6 | 703 | 560 |
| Taxation | 8 | (297) | (636) |
| Profit (loss) after taxation from continuing operations | 406 | (76) | |
| Discontinued operations | |||
| Profit (loss) from discontinued operations | Group 13 | 7 | (12) |
| Profit (loss) for the year | 413 | (88) | |
AngloGold Ashanti Annual Report 2007 – Annual Financial Statements