Annual Financial Statements

Group financial statements

Group income statement

Restated
2007
2008Figures in millionNotes2008Restated
2007
SA Rands  US Dollars
21,87630,790Revenue33,7433,113
21,10129,774Gold income2,33,6193,002
(17,241)(22,558)Cost of sales4(2,728)(2,458)
(5,169)(6,277)Loss on non-hedge derivatives and other commodity contracts37(297)(792)
(1,309)939Gross profit (loss) 594(248)
(894)(1,090)Corporate administration and other expenses (131)(128)
(115)(113)Market development costs (13)(16)
(824)(1,037)Exploration costs (126)(117)
(134)(29)Other operating expenses5(6)(20)
(84)(15,379)Operating special items6(1,538)(13)
(3,360)(16,709)Operating loss (1,220)(542)
16Dividend received from other investments32
302536Interest received36643
(6)33Exchange gain (loss) 4(1)
333185Fair value adjustment on option component of convertible bond 2547
(845)(926)Finance costs and unwinding of obligations7(114)(120)
240(1,177)Share of equity accounted investments’ (loss) profit8(138)35
(3,320)(18,058)Loss before taxation9, 27(1,377)(536)
(734)2,078Taxation12197(101)
(4,054)(15,979)Loss after taxation from continuing operations (1,180)(637)
  Discontinued operations   
7198Profit from discontinued operations13251
(4,047)(15,781) Loss for the year (1,155)(636)
      
  
Allocated as follows
   
(4,269)(16,104)Equity shareholders (1,195)(668)
222323Minority interest 4032
(4,047)(15,781)  (1,155)(636)
  Basic and diluted (loss) profit per ordinary share (cents) 14  
(1,519)(5,140)Loss from continuing operations (385)(237)
363Profit from discontinued operations 8
(1,516)(5,077) Loss (377)(237)
  Dividends 15  
330103Dividends paid per ordinary share (cents) 1345

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ANGLOGOLD ASHANTI Annual Report 2008