2007 Annual Report

Company financial statements

Company Income statement

For the year ended 31 December


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 millionNotes20072006
Revenue110,6699,520
Gold income19,9719,151
Cost of sales2(7,528)(6,546)
Loss on non-hedge derivitaves and other commodity contracts29(1,205)(936)
Gross profit 1,2381,669
Corporate administration and other expenses (782)(501)
Market development costs (68)(58)
Exploration costs (28)(31)
Other operating expenses3(19)(50)
Operating special items479(239)
Operating profit 420790
Dividends received from other investments116
Dividends received from subsidiaries 37652
Interest received114652
Net inter-company management fee and interest (6)(4)
Exchange gain (loss) 11(75)
Finance costs and unwinding of obligations5(257)(255)
Impairment of investment in Margaret Water Company Limited10(3)
Profit before taxation6703560
Taxation8(297)(636)
Profit (loss) after taxation from continuing operations 406(76)
Discontinued operations   
Profit (loss) from discontinued operationsGroup 137(12)
Profit (loss) for the year 413(88)
    
Company Income statement Next > Balance sheet

AngloGold Ashanti Annual Report 2007 – Annual Financial Statements