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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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Reporting in line with the Global Reporting Initiative (GRI)
Core indicators   Additional indicators
   
DIRECT ECONOMIC IMPACTS
   
Customers
     
EC1. Net sales  

US$2,029 million in 2003 (US$1,761 million in 2002)

   
     
EC2. Geographic breakdown of markets    

See 'Income generated by destination' in this report
   
   
Suppliers
     
EC3. Cost of all goods, materials, and services purchased
 
  EC11. Supplier breakdown by organisation and country.

US$768 million in 2003. (US$611 million in 2002)   Information not collated at a group level.
     
     
EC4. Percentage of contracts that were paid in accordance with agreed terms, excluding agreed penalty arrangements.
 
   
Information not collated at a group level.    
   
Employees
     
EC5. Total payroll and benefits (including wages, pension, other benefits, and redundancy payments) broken down by country or region.    

US$660 million in 2003. (US$443 million in 2002). See page EP5 for more information.
   
   
Providers of capital
     
EC6. Distribution of capital broken down by interest on debt and borrowings, and dividends on all classes of shares, with any arrears of preferred dividends to be disclosed
 
   
See page EP6 of this report    
     
EC7. Increase/decrease in retained earnings at the end of the period.
 
   

Retained income increased from US$7 million in 2002 to US$88 million.
   
   
Public sector
     
EC8. Total sums of taxes of all types paid broken down by country    

US$142 million was paid or set aside or taxation purposes in 2003 (2002:US$165 million).
   
     
EC9. Subsidies received broken down by country or region.    
     
EC10. Donations to community, civil society, and other groups broken down in terms of cash and in-kind donations per type of group.  


See the Community section of this report.
   
   
INDIRECT ECONOMIC IMPACTS
     
    EC13 The organisation?s indirect economic impacts.
 
    Quantitative information note available on a group level. See the Community section of this report for further information.
     
 
 
 
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 | Objectives for 2004