27 July 2006
Anglo American plc notification: AngloGold Ashanti results for the 6 months ended 30 June 2006
Anglo American wishes to draw attention to AngloGold Ashanti's announcement
of their interim results for the six months ended 30 June 2006.
Anglo American will report underlying earnings in respect of AngloGold Ashanti
of US$102 million for the six months ended 30 June 2006, which takes into account
certain adjustments and reflects the change in ownership percentage on 20 April
2006.
| AngloGold Ashanti Limited |
$m |
| IFRS adjusted headline earnings |
226 |
| Exploration |
15 |
| Depreciation on assets fair valued on
acquisition |
(16) |
| Tax on depreciation of assets fair valued
on acquisition |
5 |
| Minorities' share of profit during Subsidiary
period up to 20 April 2006 |
(69) |
| Share of earnings not attributable to
Anglo American plc's 41.8% shareholding from 20 April 2006 |
(59) |
| Contribution to Anglo American plc underlying
earnings |
102 |
Anglo American will report results for the six months ended 30 June 2006
The above figures are unaudited.
Underlying Earnings
Underlying Earnings is net profit attributable to equity shareholders, adjusted
for the effect of special items and remeasurements, and any related tax and
minority interests. Special items include those items of financial performance
which the Group believes should be excluded from performance earnings, and
principally relate to impairment and significant closure costs, exceptional
legal provisions and profit or loss on disposals. Remeasurements include adjustments
to ensure that the unrealised gains or losses on non-hedge derivative instruments
are recorded in underlying earnings in the same period as the underlying transaction
against which these instruments provide an economic, but not formally designated,
hedge.
Anglo American plc
20 Carlton House Terrace London SW1Y 5AN United Kingdom
Tel: +44 (0)20 7968 8888 Fax: +44 (0)20 7968 8500
www.angloamerican.co.uk
Registered office as above. Incorporated in England and Wales under the Companies Act 1985. Registered Number 3564138
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