<% FROM="\InformationForInvestors\AnnualReport01\report\co_income.htm" SITE="anglogold-main" %> AngloGold Annual Report 2001 - Company income statement
Company income statement  | Contents |
for the year ended 31 December 2001

Figures in million Notes 2001 2000

SA Rands

Revenue 1 11,629 11,404

Gold income 1 11,164 11,021
Cost of sales 2 (8,216) (8,849)

Operating profit 2,948 2,172
Corporate administration and other expenses (183) (178)
Market development costs (133) (82)
Research and development costs (14) (54)
Royalties paid (324) (220)
Exploration costs (95) (133)

Profit from operations 2,199 1,505
Investment income 3 54 164
Other net (expense) income 4 (30) 21
Finance costs 5 (189) (106)
Realised gain on hedging instruments 81 -
Unrealised loss on hedging activities (228) -

Profit before exceptional items 6 1,887 1,584
Amortisation of goodwill 11 (4) -
Debt written off (21) -
Impairment of mining assets 10 - (470)
Loss on disposal of mining assets (32) -

Profit on ordinary activities before taxation 1,830 1,114
Taxation 8 (602) (186)

Net profit 1,228 928

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