Anglo American PLC
13 February 2007
News Release
13 February 2007
Anglo American plc notification:
AngloGold Ashanti results for the year ended 31 December 2006
Anglo American wishes to draw attention to AngloGold Ashanti's announcement of
their year end results for the year ended 31 December 2006.
Anglo American will report underlying earnings in respect of AngloGold Ashanti
of US$178 million for the year ended 31 December 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 413
Exploration 16
EPC amortisation (26)
Deferred tax on EPC 8
Other 10
Minorities' share of profit during Subsidiary period up to
20 April 2006 (69)
Share of earnings not attributable to Anglo American plc's
41.7% shareholding from 20 April 2006 (174)
Contribution to Anglo American plc underlying earnings 178
Anglo American will report results for the year ended 31 December 2006 on 21
February 2007
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 underlying financial
performance, 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.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.