20092010Figures in million20102009
SA Rands US Dollars
  

6 Special items

  
(5,115)634Net impairments (reversals) of tangible assets (notes 13, 15 and 24)91(683)
396Mandatory convertible bonds issue discount, underwriting and professional fees56
(420)191Net loss (profit) on disposal and derecognition of land, mineral rights, tangible assets and exploration properties (note 13) (1)25(49)
219125Indirect tax expenses and legal claims (2)1729
6667Impairment of other receivables97
16Impairment of investment (notes 13 and 18) (3)2
8Contractor termination costs at Geita Gold Mining Limited1
(314)Profit on disposal of investments (note 13) (4)(43)
(54)(134)Insurance claim recovery(19)(7)
(56)Royalties received (note 3)(8)
95(39)(Recovery) loss on consignment inventory(5)12
(5,209)894 126(691)
(1)The net loss (profit) on disposal and derecognition of land, mineral rights, tangible assets and exploration properties includes amongst others the following:
  • on 1 August 2010, the sale of Tau Lekoa mine to Simmers & Jack Mines Limited was finalised, resulting in a loss on disposal of $7m, R41m;
  • on 26 June 2009, AngloGold Ashanti Limited concluded the sale of its indirect 33.3% joint venture interest in the Boddington Gold Mine in Western Australia to Newmont Mining Corporation, resulting in a profit on disposal of $62m, R523m; and
  • loss on disposal and derecognition of land, mineral rights, tangible assets and exploration properties amounted to $18m, R150m (2009: $13m, R102m).
(2)Indirect tax expenses and legal claims include the following:
  • provision for non-recovery of VAT and fuel duties in Tanzania and Guinea amounting to $13m, R95m (2009: $25m, R183m); and
  • net provision for non-recovery of other indirect tax and legal claims of $4m, R30m (2009: $4m, R36m).
(3)Impairment of Corvus Gold Inc. shares of $2m, R16m (2009: nil).
(4)The profit on disposal of investments includes the following:
  • on 9 November 2010, AngloGold Ashanti Limited disposed of its entire holding of 31,556,650 shares in Vancouver-based gold producer B2Gold Corp., resulting in a realised profit on disposal of $36m, R250m (2009: nil); and
  • profit on disposal of minor investments amounted to $7m, R64m (2009: nil).