Review of the year

Group value-added statement

Dollar million	Notes⁽¹⁾	%	2007	%	2006
Value added
Gold income	2 and 3		3,280		2,964
Purchases of goods and services in order to operate mines and produce refined metal, including market development costs net of other income			(1,352)		(1,041)
Value-added by operations		68	1,928	85	1,923
Fair value gain on option component of convertible bond		2	47	1	16
	2	47	1	16
Profit on disposal of assets	14	–	7	2	54
Income from investments and interest received	3 and 8	1	24	1	31
Government
Deferred taxation	12	3	94	1	30
Utilised in the group
Retained income		26	722	10	217
Total value added		100	2,822	100	2,271
Value distributed
Employees
Salaries, wages and other benefits	10	35	998	39	887
Government
– Current taxation	12	9	239	9	210
Providers of capital
– Finance costs and unwinding of obligations	7	4	125	6	123
– Dividends declared		2	54	8	173
– Minorities	29	1	32	1	30
Other
– Impairment of tangible and intangible assets	6	–	2	–	6
– Loss from discontinued operations	13	–	–	–	2
– Exchange loss		–	–	–	2
– Loss on non-hedge derivatives and other commodity contracts		28	780	11	239
Total value distributed		79	2,230	74	1,672
Re-invested in the group
– Amortisation and depreciation	4, 16 and 17	21	592	26	599
		100	2,822	100	2,271

(1) Refer to the notes in the Group financial statements.

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