Group value-added statement
| Dollar million | Notes(1) | % | 2005 | % | 2004 |
Value added | | |
| | |
| Gold income | 2 and 3 |
| 2,629 | | 2,309 |
| Less: Purchases of goods and services in order to operate mines | |
| | | |
| and produce refined metal, including market development costs | |
| | | |
| net of other income | |
|
(1,089) |
| (873) |
| Value-added by operations | |
80 | 1,540 | 86 | 1,436 |
| Fair value (loss) gain on interest rate swaps and option component of | |
| | | |
| convertible bond | |
(2) | (33) | 2 | 29 |
| Exchange (loss) gain | |
– | (5) | – | 4 |
| Profit on disposal of assets and subsidiaries | 7 |
– | 5 | 1 | 13 |
| Income from investments and interest received | 3 and 9 |
1 | 22 | 3 | 49 |
| Government | | |
| | |
| Deferred taxation | 13 |
6 | 118 | 6 | 107 |
| Utilised in the group | | |
| | |
| Retained income | |
15 |
278 | 2 |
40 |
| Total value added | |
100 |
1,925 | 100 |
1,678 |
Value distributed | | |
| | |
| Employees | | |
| | |
| Salaries, wages and other benefits | 11 |
46 | 877 | 49 | 823 |
| Government | | |
| | |
| – Current taxation | 13 |
4 | 82 | 4 | 66 |
| Providers of capital | | |
| | |
| – Finance costs and unwinding of the decommissioning obligation | 8 |
6 | 108 | 5 | 87 |
| – Dividends declared | |
5 | 95 | 9 | 148 |
| – Minorities | 30 |
1 | 23 | 1 | 19 |
| Other | | |
| | |
| – Impairment of tangible assets | 7 |
3 | 64 | – | 1 |
| – Loss from discontinued operations | 14 |
2 | 36 | 1 | 11 |
| – Non-hedge derivatives | |
7 |
135 | 8 |
142 |
| Total value distributed | |
74 | 1,420 | 77 | 1,297 |
Re-invested in the group | |
| | | |
| – Amortisation and depreciation | 4 , 17 and 18 |
26 |
505 | 23 |
381 |
| | |
100 |
1,925 | 100 |
1,678 |
(1) Refer to the notes on the group financial statements.
|
Group value-added statement
(PDF - 115 KB)
