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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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Key indicators and milestones
Gold production of 5.62Moz in 2003, from 19 operations in eight countries
Cost of goods and services to operate mines and produce refined metal of US$767 million, including market development costs and net of other income
US$660 million paid to employees in salaries, wages and other benefits (US$443 million in 2002)
US$142 million set aside for taxation, down from US$165 million in 2002
Dividends of US$224 million distributed to shareholders, and US$49 million paid towards financing costs
US$261 million reinvested in the group (2002: US$273 million), with retained income rising to US$88 million
Ore Reserves of 63Moz and Mineral Resources of 213Moz at the end of December 2003, providing sustainable operations well into the future
 
 
 
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 | Review of 2003