Company statement of changes in equity

Figures in million	Share capital and premium	Other capital reserves ⁽¹⁾	Retained earnings	Cash flow hedge reserve ⁽²⁾	Actuarial (losses) gains	Total equity
SA Rands
Balance at 31 December 2007	23,324	156	(4,147)	(845)	(111)	18,377
Profit for the year			1,613			1,613
comprehensive income (expense)				255	(224)	31
Total comprehensive income (expense)	–	–	1,613	255	(224)	1,644
Shares issued	14,924					14,924
Share-based payments for share awards		157				157
Deferred taxation thereon (note 24)		(12)				(12)
Dividends (group note 15)			(324)			(324)
Preference dividends			(376)			(376)
Balance at 31 December 2008	38,248	301	(3,234)	(590)	(335)	34,390
Loss for the year			(422)			(422)
Comprehensive income				409	59	468
Total comprehensive (expense) income	–	–	(422)	409	59	46
Shares issued	2,416					2,416
Share-based payments for share awards		204				204
Deferred taxation thereon (note 24)		(19)				(19)
Dividends (group note 15)			(392)			(392)
Preference dividends			(537)			(537)
Balance at 31 December 2009	40,664	486	(4,585)	(181)	(276)	36,108

⁽¹⁾	Other capital reserves comprise a surplus on disposal of company shares, held by companies prior to the formation of AngloGold Ashanti Limited of R141m (2008: R141m) and equity items for share-based payments.
⁽²⁾	Cash flow hedge reserve represents the effective portion of fair value gains or losses in respect of cash flow hedges.

ANGLOGOLD ASHANTI Annual Financial Statements 2009