7Baggers
Quarterly
Annual
    Unit: USD2023-06-30 2023-03-31 2022-06-30 2021-12-31 2021-06-30 2021-03-31 2020-12-31 2020-12-31 2020-06-30 2020-03-31 2019-06-30 2018-12-31 2018-06-29 2016-12-31 2011-06-30 2010-12-31 2010-09-30 2010-08-11 2010-06-30 2009-12-31 
      
    		                    
      us dollar million
    		                    
      revenue from product sales
    		2,186 1,028 2,155 2,064 1,965 979 2,464 2,464 1,963 905 1,826 1,941 2,002        
      cost of sales
    		-1,749 -839 -1,592 -1,457 -1,400 -677 -1,409 -1,409 -1,290 -636   -1,602        
      gain on non-hedge derivatives and other commodity contracts
    		-2        -15 -13 7  10        
      gross profit
    		435 182 563 607 565 302 1,051 1,051 658 256 337 362 410        
      yoy
    		-23.01% -39.74% -46.43% -42.25% -14.13% 17.97% 190.33% 190.33% 60.49%            
      qoq
    		139.01% -67.67% -7.25% 7.43% 87.09% -71.27% 59.73% 59.73% 157.03% -24.04% -6.91% -11.71%         
      gross margin %
    		                    
      corporate administration, marketing and related expenses
    		-44 -20 -42 -36   211.87% 211.87%             
      exploration and evaluation costs
    		-112 -47 -84 -104 -59 -31 0.00% 0.00% -56 -27   -46        
      impairment, derecognition of assets and profit on disposal
    		-126   12                 
      other (expenses) income
    		-58  -13 -110 -26 -2   -28 -20           
      operating profit
    		95 107 422 369 442 253 -68 -68 537 192 191 209 119        
      interest income
    		57 26 31 29 29 14   9 5 8 7 9        
      foreign exchange and fair value adjustments
    		-75 -30 -53 -13   -29 -29             
      finance costs and unwinding of obligations
    		-75 -42 -65 -61 -55 -30 922 922 -86 -43   -85        
      share of associates and joint ventures’ profit
    		75 31 72  122  18 18             
      profit before taxation
    		77 92 407 451 507 279   597 231 181 192 86        
      taxation
    		-32 -24 -94 -178 -134 -70 -91 -91 -208 -95   -43    -127,000,000    
      profit for the period
    		45 68 313 273 373 209   428 171           
      allocated as follows:
    		      992 992             
      equity shareholders
    		40 66 298    -417 -417   114 100 33        
      non-controlling interests
    		5 2 15    543 543   2 7 10        
      basic earnings per ordinary share
    		10 16                   
      diluted earnings per ordinary share
    		10 16                   
      loss on non-hedge derivatives and other commodity contracts
    		                    
      calculated on the basic weighted-average number of ordinary shares.
    		                    
      calculated on the diluted weighted-average number of ordinary shares.
    		                    
      the financial statements for the three months ended 31 march 2023 have been prepared by the corporate accounting staff of anglogold ashanti limited headed by mr ian kramer (ca (sa)), the group’s senior vice president: group finance. this process was supervised by ms gillian doran (fcca), the group’s chief financial officer and mr alberto calderon (phd, mphil, ma, ba (economics), juris doctor (law)), the group’s chief executive officer.
    		                    
      basic profit per ordinary share
    		  71 62 86 48   100 40 27 24 8        
      diluted profit per ordinary share
    		  71 62 86 48   100 40 27 24 8        
      the financial statements for the six months ended 30 june 2022 have been prepared by the corporate accounting staff of anglogold ashanti limited headed by mr mark pringle (bcomm), the group’s interim svp: finance. this process was supervised by mr ian kramer (ca (sa)), the group’s interim chief financial officer and mr alberto calderon (phd, mphil, ma, ba (economics), juris doctor (law)), the group’s chief executive officer. the financial statements for the six months ended 30 june 2022 were reviewed, but not audited, by the group’s statutory auditors, ernst & young inc.
    		                    
      continuing operations
    		      127 127             
      dividends received
    		      127 127    2         
      share of associates and joint ventures' profit
    		   127  57   119 58 78 81 40        
      profit for the period from continuing operations
    		   273 373 209   389 136           
      discontinued operations
    		      2 2            23,000,000 
      profit from discontinued operations
    		      159 159 39 35           
      - continuing operations
    		   260 362 203 575 575 382 134           
      - discontinued operations
    		        39 35           
      earnings per ordinary share from continuing operations
    		   62 86 48 -32 -32 91 32           
      earnings per ordinary share from discontinued operations
    		      564 564 9 8           
      the financial statements for the twelve months ended 31 december 2021 have been prepared by the corporate accounting staff of anglogold ashanti limited headed by mr ian kramer (ca (sa)), the group's svp: finance. this process was supervised by ms kandimathie christine ramon (ca (sa)), the group's chief financial officer and mr alberto calderon (phd, mphil, ma, ba (economics), juris doctor (law)), the group's chief executive officer. the financial statements for the twelve months ended 31 december 2021 were reviewed, but not audited, by the group's statutory auditors, ernst & young inc.
    		      -32 -32             
      corporate administration, marketing and other incomes
    		    -37 -16 135 135 -36 -16   -37        
      foreign exchange and other gains
    		    -31 -15               
      the financial statements for the six months ended 30 june 2021 have been prepared by the corporate accounting staff of anglogold ashanti limited headed by ms. alexandra strobl (ca (sa)), the group’s vp: finance. this process was supervised by mr. ian kramer (ca (sa)), the group’s interim chief financial officer and ms. kandimathie christine ramon (ca (sa)), the group’s interim chief executive officer. the financial statements for the six months ended 30 june 2021 were reviewed, but not audited, by the group’s statutory auditors, ernst & young inc.
    		                    
      foreign exchange losses
    		      -32 -32             
      the financial statements for the twelve months ended 31 december 2020 have been prepared by the corporate accounting staff of anglogold ashanti limited headed by ms alexandra strobl (ca (sa)), the group's vp: finance. this process was supervised by mr ian kramer (ca (sa)), the group's interim chief financial officer and ms kandimathie christine ramon (ca (sa)), the group's interim chief executive officer. the financial statements for the twelve months ended 31 december 2020 were reviewed, but not audited, by the group's statutory auditors, ernst & young inc.
    		                    
      foreign exchange gains
    		        18 19           
      the financial statements for the six months ended 30 june 2020 have been prepared by the corporate accounting staff of anglogold ashanti limited headed by mr ian kramer (ca (sa)), the group's svp: group finance. this process was supervised by ms kandimathie christine ramon (ca (sa)), the group's chief financial officer and mr kelvin dushnisky (b.sc. (honours); m.sc; j.d.), the group's chief executive officer. the financial statements for the six months ended 30 june 2020 were reviewed, but not audited, by the group's statutory auditors, ernst & young inc.
    		      -18 -18             
      the financial statements for the three months ended 31 march 2020 have been prepared by the corporate accounting staff of anglogold ashanti limited headed by mr ian kramer (ca (sa)), the group's svp: finance. this process was supervised by ms kandimathie christine ramon (ca (sa)), the group's chief financial officer and mr kelvin dushnisky (b.sc. (honours); m.sc; j.d.), the group's chief executive officer.
    		                    
      other operating expenses
    		            -57        
      special items
    		            -151        
      other gains and
    		            3        
      fair value adjustments
    		          1          
      profit after taxation
    		          116 107 43        
      other
    		                    
      the financial statements for the twelve months ended 31 december 2018 have been prepared by the corporate accounting staff of anglogold ashanti limited headed by mr ian kramer (ca (sa)), the group's vp: finance. this process was supervised by ms kandimathie christine ramon (ca (sa)), the group's chief financial officer and mr kelvin dushnisky (b.sc. (honours); m.sc; j.d.), the group's chief executive officer. the financial statements for the twelve months ended 31 december 2018 were reviewed, but not audited, by the group's statutory auditors, ernst & young inc. any forward looking financial information as well as the information for the six months ended 31 december 2018 disclosed in this results announcement have not been reviewed or audited or otherwise reported on by ernst & young inc. certain information presented in this results announcement constitutes pro forma financial information. this information is the responsibility of the company's board and is presented for illustrative purposes only. because of its nature the pro forma financial information may not fairly present the company's financial information, changes in equity and results of operations or cash flows. this information has not been reviewed or audited or otherwise reported on by ernst & young inc.
    		                    
      sales and other income
    		             755,000,000 3,020,000,000 3,954,000,000 3,821,000,000 3,954,000,000 2,406,000,000 3,730,000,000 
      product sales
    		             749,500,000 2,998,000,000 3,784,000,000 3,791,000,000 3,784,000,000 2,370,000,000 3,655,000,000 
      interest, dividends and other
    		             5,500,000 22,000,000 170,000,000 30,000,000 170,000,000 36,000,000 75,000,000 
      cost and expenses
    		             510,250,000 2,041,000,000 4,852,000,000 3,624,000,000  2,312,000,000 4,103,000,000 
      production costs
    		             352,500,000 1,410,000,000 2,229,000,000 1,877,000,000 2,229,000,000 1,196,000,000 2,159,000,000 
      exploration costs
    		             30,000,000 120,000,000 150,000,000 157,000,000 150,000,000 94,000,000 126,000,000 
      related party transactions
    		             -1,250,000 -5,000,000 -18,000,000 -13,000,000 -18,000,000 -8,000,000 -10,000,000 
      general and administrative
    		             34,000,000 136,000,000 158,000,000 150,000,000 158,000,000 100,000,000 136,000,000 
      royalties
    		             21,750,000 87,000,000 84,000,000 96,000,000 84,000,000 58,000,000 78,000,000 
      market development costs
    		             1,000,000 4,000,000  9,000,000 10,000,000 5,000,000  
      depreciation, depletion and amortization
    		             96,750,000 387,000,000 615,000,000 514,000,000 615,000,000 336,000,000 615,000,000 
      impairment of assets
    		             2,750,000 11,000,000 8,000,000 32,000,000 8,000,000 19,000,000 670,000,000 
      interest expense
    		             22,750,000 91,000,000 123,000,000 102,000,000 123,000,000 67,000,000 72,000,000 
      accretion expense
    		             3,500,000 14,000,000 17,000,000 16,000,000 17,000,000 10,000,000 22,000,000 
      employment severance costs
    		             1,750,000 7,000,000 14,000,000 14,000,000 14,000,000 10,000,000 9,000,000 
      non-hedge derivative
    		             -45,000,000 -180,000,000      
      income from continuing operations before income tax and equity income in associates
    		             244,750,000 979,000,000      
      taxation expense
    		             -71,000,000 -284,000,000    -106,000,000 -22,000,000 
      equity income in associates
    		             7,000,000 28,000,000      
      net income
    		             180,750,000 723,000,000   -777,000,000 27,000,000  
      yoy
    		             -123.26% 2577.78%      
      qoq
    		             -75.00%    -2977.78%   
      net income margin %
    		                    
      less: net income attributable to noncontrolling interests
    		             -5,000,000 -20,000,000  -36,000,000 -48,000,000 -23,000,000  
      net income — attributable to anglogold ashanti
    		             175,750,000 703,000,000   -825,000,000 4,000,000  
      income per share attributable to anglogold ashanti common stockholders:
    		                    
      ordinary shares
    		             45.75 183 -230,000,000 22,000,000 -230,000,000 2 -186,000,000 
      e ordinary shares
    		             23 92 -115,000,000 11,000,000 -115,000,000 1 -93,000,000 
      ordinary shares — diluted
    		             45.5 182 -230,000,000 22,000,000 -230,000,000  -186,000,000 
      e ordinary shares — diluted
    		             22.75 91 -115,000,000 11,000,000 -115,000,000  -93,000,000 
      weighted-average number of shares used in computation
    		                    
      e ordinary shares — basic and diluted
    		             680,966.5 2,723,866 3,873,169,000,000 3,305,316,000,000 3,873,169,000,000  4,046,364,000,000 
      dividend declared per ordinary share
    		             2.75 11  18,000,000  10  
      dividend declared per e ordinary share
    		             1.5 6  9,000,000  5  
      market development cost
    		               10,000,000    13,000,000 
      loss on sale of assets, realization of loans, indirect taxes and other
    		               10,000,000     
      non-hedge derivative loss
    		               1,452,000,000  1,452,000,000  258,000,000 
      other operating items
    		                   19,000,000 
      (loss)/income from continuing operations before income tax and equity income in affiliates
    		               -898,000,000    -373,000,000 
      taxation benefit/
    		               33,000,000  33,000,000   
      equity income in affiliates
    		               88,000,000 48,000,000  39,000,000  
      net (loss)/income from continuing operations
    		               -777,000,000    -544,000,000 
      net (loss)/income
    		               -777,000,000    -521,000,000 
      net income attributable to noncontrolling interests
    		               -48,000,000    -42,000,000 
      net (loss)/income — attributable to common stakeholders
    		               -825,000,000    -563,000,000 
      from continuing operations
    		                    
      loss/
    		                33,000,000  16,000,000  
      non-hedge derivative loss and movement on bonds
    		                637,000,000    
      income/(loss) from continuing operations before income tax and equity income in affiliates
    		                197,000,000    
      net income/
    		                118,000,000    
      net income/(loss) — attributable to anglogold ashanti
    		                82,000,000    
      income/
    		                    
      costs and expenses
    		                 4,852,000,000   
      loss/(profit) on sale of assets, realization of loans, indirect taxes and other
    		                 10,000,000   
      income from continuing operations before income tax and equity income in affiliates
    		                 -898,000,000 94,000,000  
      equity income/(loss) in affiliates
    		                 88,000,000   
      net income from continuing operations
    		                 -777,000,000   
      income from continuing operations
    		                 -825,000,000   
      dividend paid per ordinary share
    		                 13,000,000   
      dividend paid per e ordinary share
    		                 7,000,000   
      non-hedge derivative loss/
    		                  409,000,000  
      ordinary shares – diluted
    		                  2  
      e ordinary shares – diluted
    		                  1  
      e ordinary shares – basic and diluted
    		                  3,483,676  
      profit on sale of assets, realization of loans, indirect taxes and other
    		                   -64,000,000 
      equity loss in affiliates
    		                   -149,000,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.