Any products that emanate from the core process of producing gold, including silver, uranium and sulphuric acid.

Equity plus minority interests, interest bearing debt, less loans and cash. Where average capital employed is referred to, this is the average of the figures at the beginning and the end of the financial year.

Total capital expenditure on mining assets to both maintain and expand operations.

Headline earnings before unrealised hedging activities per ordinary share divided by dividends per ordinary share.

Borrowings including short-term portion, plus debentures.

Current and deferred taxation as a percentage of net profit before taxation.

Earnings before interest, taxation, depreciation and amortisation. It refers to profit before exceptional items, net interest and amortisation of mining assets.

Shareholders' equity adjusted for other comprehensive income and deferred taxation. Where average equity is referred to, this is calculated by averaging the figures at the beginning and the end of the financial year.

For illustrative purposes, a US dollar dividend value has been provided based on the rate of exchange ruling on the date of declaration.

EBITDA divided by finance costs.

Number of years that the operation is planning to mine and treat ore, and is taken from the current mine plan.

Number of ordinary shares in issue at close of business on 31 December multiplied by the closing share price as quoted on the JSE Securities Exchange South Africa.

A mineral resource is a concentration or occurrence of material of economic interest in or on the earth's crust in such form, quality and quantity that there are reasonable and realistic prospects for eventual economic extraction. The location, quantity, grade, continuity and other geological characteristics of a mineral resource are known, estimated from specific geological evidence and knowledge, or interpreted from a well-constrained and portrayed geological model. Mineral resources are subdivided, in order of increasing geological confidence, into inferred, indicated and measured categories. The mineral resources are inclusive of those resources which have been modified to produce ore reserves.

Shareholders' equity divided by the weighted average number of shares in issue.

Mining assets, inventories, trade and other receivables (excluding value added taxation), less trade and other payables.

Debt less cash and cash equivalents.

Operating profit as a percentage of gold income.

An ore reserve is the economically mineable material derived from a measured and/or indicated mineral resource. It is inclusive of diluting materials and allows for losses that may occur when the material is mined. Appropriate assessments have been carried out, including consideration of, and modification by, realistically assumed mining, metallurgical, economic, marketing, legal, environmental, social and governmental factors. These assessments demonstrate at the time of reporting that extraction is reasonably justified. Ore reserves are sub-divided in order of increasing confidence into probable ore reserves and proved ore reserves.

Used in imperial statistics. A kilogram is equal to 32.1507 ounces.

Defines the operational management divisions within AngloGold and these are South Africa, Africa, Australia, North America and South America.

Headline earnings before unrealised hedging activities and before finance costs expressed as a percentage of average capital employed, adjusted for the timing of acquisitions and disposals.

Headline earnings before unrealised hedging activities expressed as a percentage of average equity, adjusted for the timing of acquisitions and disposals.

Total cash costs include site costs for all mining processing and administration, as well as contributions from by-products and are inclusive of royalties and production taxes. Amortisation, rehabilitation, corporate administration, retrenchment, capital and exploration costs are excluded.

Total cash costs including amortisation, retrenchment, rehabilitation and other non-cash costs. Corporate administration, capital and exploration costs are excluded.

The number of ordinary shares in issue at the beginning of the year, increased by shares issued during the year, weighted on a time basis for the period during which they have participated in the income of the group.