Annual Financial Statements

Key features 2008



  • Fatality rate declined by 57%, while a 20% reduction is achieved on reportable accidents.
  • New company vision, mission and values developed.
  • Continued restructuring to focus on new company strategy.
  • Hedge buy-backs result in reduced hedge commitments, down by 47% to 5.99 million ounces.
  • Successful conclusion of rights offer and refinancing to settle the convertible bond.
  • Mineral Resources after depletion increased 16% or 33.4 million ounces to 241.0 million ounces, while Ore Reserves after depletion increased 2% to 74.9 million ounces (prior to Boddington sale).
  • Final dividend declared of 50 South African cents per share (approximately 5 US cents per share), to give a total dividend for the year of 100 South African cents (approximately 11 US cents per share).

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ANGLOGOLD ASHANTI Annual Report 2008