<% FROM="\InformationForInvestors\AnnualReport00\report\GROUP_IS.HTM" SITE="anglogold-main" %> AngloGold Annual Report 2000 - Group income statement

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Group income statement
for the year ended 31 December 2000

Figures in million


19992000Notes20001999

US DollarsSA Rands


2,324 2,299 Revenue 3 15,972 14,197


2,205 2,208 Gold sales 3 15,338 13,473
(1,700) (1,740) Cost of sales 4 (12,065) (10,385)


505 468 Operating profit 3,273 3,088
(29) (25) Corporate administration and other expenses (175) (179)
(15) (12) Market development costs (82) (91)
(7) (8) Research and development costs (54) (43)
(47) (44)Exploration costs 5 (309) (287)


407 379 Profit from operations 2,653 2,488
4 10 Other net income 6 73 25
84 45 Investment income 7 302 511
(53) (69) Finance costs 8 (481) (321)


442 365 Profit before exceptional items 9 2,547 2,703
89 - Profit on sale of associate - 543
-(93)Impairment of mining assets 14(708)-
(55) (20) Amortisation of goodwill 15 (135) (335)
- (1) Termination of retirement benefit plans (10) -


476251Profit on ordinary activities before taxation1,6942,911
(37)(73)Taxation11(491)(228)


439178Profit on ordinary activities after taxation1,2032,683
(5)(12)Minority interest(87)(29)

434 166 Net profit 1,116 2,654

325 254 Headline earnings 12 1,773 1,986
Earnings per ordinary share (cents) 12
328 237  Headline 1,658 2,018
441 155  Basic 1,043 2,695
402 153  Diluted 1,027 2,458
328 196 Dividends declared per ordinary share (cents) 13 1,400 2,000
1.2 1.2Dividend cover based on headline earnings 1.2 1.2

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