Anglo American - Anglogold Ashanti results for the
AGL
ANAAL
Anglo American - Anglogold Ashanti results for the 6 months ended 30 June 2006
ANGLO AMERICAN PLC
(the "Company")
JSE Code: AGL
ISIN Code: GB0004901517
Anglo American plc notification:
AngloGold Ashanti results for the 6 months ended 30 June 2006
Anglo American wishes to draw attention to AngloGold Ashanti"s announcement of
their interim results for the six months ended 30 June 2006.
Anglo American will report underlying earnings in respect of AngloGold Ashanti
of US$102 million for the six months ended 30 June 2006, which takes into
account certain adjustments and reflects the change in ownership percentage on
20 April 2006.
AngloGold Ashanti Limited $m
IFRS adjusted headline earnings 226
Exploration 15
Depreciation on assets fair valued on acquisition (16)
Tax on depreciation of assets fair valued on acquisition 5
Minorities" share of profit during Subsidiary period up to (69)
20 April 2006
Share of earnings not attributable to Anglo American plc"s (59)
41.8% shareholding from 20 April 2006
Contribution to Anglo American plc underlying earnings 102
Anglo American will report results for the six months ended 30 June 2006 on 4
August 2006.
The above figures are unaudited.
Underlying Earnings
Underlying Earnings is net profit attributable to equity shareholders, adjusted
for the effect of special items and remeasurements, and any related tax and
minority interests. Special items include those items of financial performance
which the Group believes should be excluded from performance earnings, and
principally relate to impairment and significant closure costs, exceptional
legal provisions and profit or loss on disposals. Remeasurements include
adjustments to ensure that the unrealised gains or losses on non-hedge
derivative instruments are recorded in underlying earnings in the same period as
the underlying transaction against which these instruments provide an economic,
but not formally designated, hedge.
27 July 2006
Sponsor: J.P.Morgan Equities Limited
Date: 27/07/2006 08:54:18 AM Produced by the JSE SENS Department
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