Company income statement

For the year ended 31 December

The company annual financial statements represent the South African operations and corporate office.

These company annual financial statements are a statutory requirement and are accordingly presented in South African rands only. The functional currency of the company is South African rands.

Figures in million	Notes	2009	2008
		SA Rands
Revenue	1	13,525	13,616
Gold income	1	12,461	12,652
Cost of sales	2	(9,161)	(8,296)
Loss on non-hedge derivatives and other commodity contracts	30	(4,090)	(1,632)
Gross (loss) profit		(790)	2,724
Corporate administration and other expenses		(835)	(922)
Market development costs		(43)	(60)
Exploration costs		(52)	(43)
Other operating (expenses) income	3	(41)	9
Operating special items	4	(303)	89
Operating (loss) profit		(2,064)	1,797
Dividends received from subsidiaries	1	543	538
Interest received	1	158	282
Net inter-company management fee and interest		35	9
Exchange gain (loss)		144	(267)
Finance costs and unwinding of obligations	5	(89)	(192)
Impairment of investment in Margaret Water Company	10	(4)	(4)
(Loss) profit before taxation	6	(1,277)	2,163
Taxation	8	855	(748)
(Loss) profit after taxation from continuing operations		(422)	1,415
Discontinued operations
Profit from discontinued operations	Group 13	–	198
(Loss) profit for the year		(422)	1,613

ANGLOGOLD ASHANTI Annual Financial Statements 2009