<% FROM="\InformationForInvestors\AnnualReport01\report\key_feature.htm" SITE="anglogold-main" %> AngloGold Annual Report 2001 - Key features ? 2001
Key features - 2001
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A good year characterised by sound operational performance, supported by new, low-cost production in Africa and the disposal of low-margin assets in South Africa. 
  • Headline earnings (before unrealised hedging activities) increased 13% to $286m or $2.67 per share.
     
  • Return on capital up from 11% to 14%.
     
  • Return on equity increased from 11% to 16%.
     
  • Continued high dividend of $1.81 (R18) per share. 
     
  • Cash costs decreased by 16% to $178/oz. 
     
  • Operating profit up 12% to $522m.

Throughout this document, $ refers to US dollars, unless otherwise stated.

Certain forward-looking statements
 
Certain statements contained in this document including, without limitation, those concerning the economic outlook for the gold mining industry, expectations regarding gold prices and production, the completion and commencement of commercial operations of certain of AngloGold's exploration and production projects, and its liquidity and capital resources and expenditure, contain certain forward-looking statements regarding AngloGold's operations, economic performance and financial condition.

Although AngloGold believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct.

Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, success of business and operating initiatives, changes in the regulatory environment and other government actions, fluctuations in gold prices and exchange rates, and business and operational risk management. 

Headline earnings ($/share)

Headline 
earnings ($/share)

 

Cash costs ($/oz)

Cash costs ($/oz)

 
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