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Annual Financial Statements 2003
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Home | About this report | Living our values | By GRI | Case studies | Economic performance | Annual financial statements
          
 
Economic performance
 
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Mission and values
AngloGold?s mission, values and business principles, which had been developed in consultation with employees, were further refined during 2003 to more accurately reflect our purpose and the way in which we intend to do business. This will continue in 2004, and will be the subject of a comprehensive internal communications campaign during 2004 and beyond.

AngloGold?s mission:

Our business is gold

We consistently strive to create value for everyone with a stake in our company, by finding and mining gold and by developing the market for our product.

Our values:
AngloGold consistently strives to generate competitive shareholder returns. We do this by replacing profitable gold reserves and by continuously improving the performance of our key resources ? our people, our assets and our product. We conduct ourselves with honesty and integrity.
We provide our employees with opportunities to develop their skills while sharing risks and rewards in workplaces that promote innovation, teamwork and freedom with accountability. We embrace cultural diversity.
Every manager and employee takes responsibility for health and safety; and together strive to create workplaces that are free of occupational injury and illness. monitor and control the environmental aspects of our activities.
We strive to form partnerships with host communities, sharing their environments, traditions and values. We want communities to be better off for AngloGold?s having been there. We are committed to working in an environmentally friendly way.

Our business principles:

We live our values through our business principles. These principles are applicable across AngloGold, and in all the countries in which we do business. They inform the way in which we go about achieving our mission, balancing key economic, social, environmental and ethical values.

These business principles which will evolve over time as we interact with our stakeholders, both internal and external, are:
AngloGold?s ethics and governance
AngloGold as an employer ? safety and health
AngloGold in the community
AngloGold and the environment
AngloGold as an employer ? our labour practices
 
 
 
Economic performance:
  Mission and values
Key indicators and milestones
Review of 2003
  Financial performance
  Adding value
  Gold production
  Income generated by destination
  Distributions to employees (including executive directors)
  Dividends
  Finance costs
  Capital expenditure
  Exploration activities continue
Reporting in line
with GRI
Objectives for 2004
Case studies
  6.1 Meeting the equity component of the Charter
  6.2 Growing the market for gold
    Top | Key indicators and milestones