<% FROM="\InformationForInvestors\AnnualReport01\report\gr_income_stat.htm" SITE="anglogold-main" %> AngloGold Annual Report 2001 - Group income statement
Group income statement  | Contents |
for the year ended 31 December 2001

20002001Figures in millionNotes20012000

SA Rands US Dollars


15,97218,309Revenue 32,121 2,299


15,33817,590Gold income 32,041 2,208
(12,065) (12,973)Cost of sales 4 (1,519) (1,740)


3,2734,617Operating profit522 468
(175) (174)Corporate administration and other expenses (20) (25)
(82) (133)Market development costs (16) (12)
(54) (20)Research and development costs (2) (8)
(309) (228)Exploration costs 5 (26) (44)


2,6534,062Profit from operations458 379
301225Investment income 626 45
73 (48)Other net (expense) income 7 (7) 10
(481) (608)Finance costs 8 (72) (69)
- 30Realised gain on hedging instruments5 -
- (126)Unrealised loss on hedging activities (10) -


2,5463,535Profit before exceptional items 9400 365
(135) (259)Amortisation of goodwill 15/16 (29) (20)
- (21)Debt written off (3) -
(708) (3)Impairment of mining assets 14 (1) (93)
- (32)Loss on disposal of mining assets32 (4) -
- 67Impairment reversal of investments176 -
(10)(54)Termination of retirement benefit plans (5) (1)


1,6933,233Profit on ordinary activities before taxation364 251
(490)(983)Taxation 11 (111) (73)


1,203 2,250Profit on ordinary activities after taxation 253 178
(87) (70)Minority interest (8) (12)


1,1162,180Net profit245 166


1,7732,476Headline earnings 12 281 254
1,7732,536Headline earnings before unrealised12286 254
hedging activities
Earnings per ordinary share (cents) 12
1,0432,035    Basic229 155
1,0272,031    Diluted228153
1,6582,311    Headline262 237
1,6582,367    Headline before unrealised hedging activities267 237
1,4001,800Dividends declared per ordinary share (cents) 13181 190
1.21.3Dividends cover based on headline earnings before 
unrealised hedging activities
1.5 1.2
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