<% FROM="\InformationForInvestors\AnnualReport98\pages\balancei.htm" SITE="anglogold-main" %> IAS financial statements - Group balance sheet

IAS financial statements

 

Group balance sheet
at 31 December 1998
Figures in million

 


1997* 1998 Notes 1998 1997*

SA Rand

US Dollars

ASSETS
Non-current assets
11 241,3 10 971,3 Mining assets 8 1 865.5 2 308.0
550,6 901,5 Investments 9 153.3 113.0
632,6 839,4 Long-term loans ? unsecured 10 142.7 129.9


12 424,5 12 712,2 2 161.5 2 550.9


Current assets
959,2 679,2 Inventories 11 115.4 197.1
612,0 866,8 Trade and other receivables 12 147.4 125.6
1 164,5 1 318,0 Cash and cash equivalents 13 224.1 239.1


2 735,7 2 864,0 486.9 561.8



15 160,2 15 576,2 Total assets 2 648.4 3 112.7

EQUITY AND LIABILITIES
Capital and reserves
5 351,6 5 267,7 Share capital and premium 14 895.6 1 098.4
? 147,5 Non-distributable reserve 25.0 ?
1 208,9 1 404,1 Retained earnings 238.8 248.5


6 560,5 6 819,3 Shareholders' equity 1 159.4 1 346.9
0,3 0,9 Minority interests 0.2 0.1


6 560,8 6 820,2 1 159.6 1 347.0


Non-current liabilities
691,8 714,7 Borrowings 15 121.5 142.0
? 92,2 Debentures 16 15.7 ?
1 179,2 1 133,2 Other long-term liabilities 17 192.7 242.2
4 508,6 4 311,6 Deferred taxation 18 733.1 925.7


6 379,6 6 251,7 1 063.0 1 309.9


Current liabilities
1 432,9 1 360,8 Trade and other payables 19 231.4 294.2
3,5 4,3 Current portion of borrowings 15 0.7 0.7
101,6 356,4 Taxation 60.6 20.9
681,8 782,8 Dividends 133.1 140.0


2 219,8 2 504,3 425.8 455.8



15 160,2 15 576,2 Total equity and liabilities 2 648.4 3 112.7

7 815 7 467 Net asset value per ordinary share (cents) 1 269 1 604

* Refer to note on income statement

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