Scope of report

The suite of 2009 annual reports produced by AngloGold Ashanti Limited (AngloGold Ashanti) includes:

These reports and documents communicate to our stakeholders and business partners on all aspects of AngloGold Ashanti’s operating and financial performance for the 2009 financial year, from 1 January 2009 to 31 December 2009. Those to whom the company seeks to communicate include: shareholders; investors; employees and their representatives; the communities among whom AngloGold Ashanti operates; and regional and national governments.

The Annual Financial Statements 2009, an extensive review of the year in both web-based and printed formats, from operational, financial and market perspectives, was prepared in accordance with: International Financial Reporting Standards (IFRS); the South African Companies Act, 61 of 1973; and the Listings Requirements of the JSE Limited (JSE). In compiling both the Annual Financial Statements 2009 and the Sustainability Review 2009, the guidelines on integrated reporting of the King Report on Governance for South Africa 2002 (King II) were taken into account. This report, which includes a separate Notice of Meeting, is submitted to the JSE in South Africa and to the London, New York, Ghanaian and Australian stock exchanges, as well as to the Paris and Brussels bourses. It is also furnished with the United States Securities and Exchange Commission (SEC) on a Form 6-K. In compliance with the rules governing its listing on the New York Stock Exchange and in accordance with the accounting principles generally accepted in the United States, AngloGold Ashanti prepares an annual report on Form 20-F in accordance with US Generally Accepted Accounting Principles (US GAAP). The Form 20-F for the 2009 financial year must be filed with the SEC by no later than 30 June 2010.

In the Mineral Resource and Ore Reserve Report 2009 (PDF - 6MB), AngloGold Ashanti's Mineral Resource and Ore Reserve are reported in accordance with the South African Code for Reporting of Exploration Results, Mineral Reserves and Mineral Resources (SAMREC 2007 Edition) and the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC 2004). Competent persons in terms of these codes have prepared, reviewed and confirmed the Mineral Resource and Ore Reserve reported. The Annual Financial Statements 2009 contains a summary of the group’s Mineral Resource and Ore Reserve as detailed in the Mineral Resource and Ore Reserve Report 2009. These reserves are used in the preparation of the annual financial statements in accordance with IFRS.

The Sustainability Review 2009, Tomorrow’s gold: issues that matter, provides a group-level overview of AngloGold Ashanti’s key sustainability issues and is available in both a printed format and as a web-based report. A supplementary report, presents additional, more detailed information and data on group sustainability performance. AngloGold Ashanti’s sustainability reporting is prepared in line with the Global Reporting Initiative (GRI) G3 guidelines and complies with the sustainable development framework of the International Council of Metals and Mining (ICMM). Case studies in the supplementary report give insight into management’s approach to issues of sustainability. In addition, the country reports provide insight into and data on sustainability management at an operational level. These reports are intended to facilitate local engagement processes and to meet the information needs of local stakeholders regarding the company.

A separate document, the Abridged Report 2009 (PDF - 1.83MB), which contains extracts of key information from the Annual Financial Statements 2009 as well as the notice of meeting to shareholders and the form of proxy, has been produced for distribution to all shareholders.

A compact disc, containing the web-based versions of the Annual Financial Statements and the Sustainable Development Report and downloadable pdfs of all these reports, will be distributed to all shareholders together with the Abridged Report 2009.

Hard copies of all these reports, which are integral to AngloGold Ashanti’s communication programme with its shareholders and business partners, may be requested from the contacts listed at the end of this report.

Note:

  • Unless otherwise stated, $ or dollar refers to US dollars throughout this suite of reports.
  • References to “group” and “company” are used interchangeably in the narrative of this report, except in the financial statements of the group and company.
  • To familiarise yourself with the terminology used in this report, please refer to the section on Non-GAAP disclosures and the Glossary of terms.
  • Locations on maps are for indication purposes only.

ANGLOGOLD ASHANTI Annual Financial Statements 2009