Interim Results - Part 2
Anglo American PLC
04 August 2005
PART 2
ANGLO AMERICAN plc
(Incorporated in England and Wales - Registered number 3564138)
('the Company')
Notice of Interim Dividend
Notice is hereby given that an interim dividend on the Company's ordinary share capital in respect of
the year to 31 December 2005 will be payable as follows:
Amount (United States currency) 28 cents per ordinary share (notes 1 and
2)
Currency conversion date Monday 1 August 2005
Last day to trade on the JSE Securities Exchange South
Africa ('JSE') to qualify for the dividend Friday 12 August 2005
Ex-dividend on the JSE from the commencement of trading on Monday 15 August 2005
Ex-dividend on the London Stock Exchange from the
commencement of trading on Wednesday 17 August 2005
Record date (applicable to both the United Kingdom principal
register and South African branch register) Friday 19 August 2005
Last day for receipt of Dividend Reinvestment Plan ('DRIP')
Mandate Forms by Central Securities Depository Participants
('CSDPs') (notes 4 and 5) Tuesday 30 August 2005
Last day for receipt of DRIP Mandate Forms by the UK
Registrars or the South African Transfer Secretaries (notes
4 and 5) Thursday 1 September 2005
Dividend warrants posted Monday 19 September 2005
Payment date of dividend Tuesday 20 September 2005
Notes:
1. Shareholders on the United Kingdom register of members with an address in the United Kingdom
will be paid in pounds sterling and those with an address in a country in the European Union which has
adopted the euro, will be paid in euros. Such shareholders may, however, elect to be paid their
dividends in US dollars provided the UK Registrar receives such election by Friday 19 August 2005.
Shareholders with an address elsewhere (except in South Africa) will be paid in US dollars. The
equivalent of the dividend in sterling will be 15.8508 pence per ordinary share based on an exchange
rate of US$1 = £0.5661. The equivalent of the dividend in euros will be 22.9124 euro cents per
ordinary share based on an exchange rate of US$1 = €0.8183.
2. Shareholders on the South African branch register will be paid in South African Rand at R1.8346
per ordinary share based on an exchange rate of US$1 = R6.5522.
3. Dematerialisation and rematerialisation of registered share certificates in South Africa
will not be effected by CSDPs during the period Monday 15 August 2005 to Friday 19 August 2005 (both
days inclusive).
4. Those shareholders who already participate in the DRIP need not complete a DRIP mandate form
for each dividend as such forms provide an on-going authority to participate in the DRIP until
cancelled in writing. Shareholders who wish to participate in the DRIP should obtain a mandate form
from the UK Registrars, the South African Transfer Secretaries or, in the case of those who hold their
shares through the STRATE system, their CSDP.
5. In terms of the DRIP, and subject to the purchase of shares in the open market, share
certificates/Crest notifications are expected to be mailed and CSDP investor accounts credited/updated
on Tuesday 4 October 2005.
6. Copies of the terms and conditions of the DRIP are available from the UK Registrars or the
South African Transfer Secretaries.
By order of the Board
N Jordan
Secretary
3 August 2005
Registered office UK Registrars South African Transfer Secretaries
20 Carlton House Terrace Lloyds TSB Registrars Ultra Registrars (Proprietary) Limited
London The Causeway 11 Diagonal Street
SW1Y 5AN Worthing Johannesburg 2001
England West Sussex PO Box 4844, Johannesburg 2000
BN99 6DA South Africa
England
Appendix
Pro forma IAS 32 and IAS 39 financial information
Pro forma IFRS consolidated income statements including the effects of applying
IAS 32 and 39 for the period ended 30 June 2004 and the year ended 31 December
2004 and balance sheet for the period ended 30 June 2004 have been provided
below. The full adoption of both these standards was not mandatory until
January 2005. The restated opening balance sheet as at 1 January 2005 is
presented in note 24 to this report.
The basis of presentation of these pro forma results is that IAS 32 and 39 have
not been applied to 2004 transactions within entities that were fully disposed
of in 2004, or to contracts containing embedded derivatives that no longer
existed as at 1 January 2005. In accordance with the transition rules applicable
for first-time adopters, documentation and effectiveness calculations required
for hedge accounting were put in place as at 1 January 2005. Where hedge
accounting has been applied with effect from 1 January 2005, 2004 pro forma
financial information has been stated on the same basis as if necessary
documentation had been in place.
AngloGold Ashanti, a Rand functional currency entity, issued a US dollar
convertible bond in February 2004. The pro forma financial information
classifies the equity conversion option within this debt as a derivative within
liabilities, marked to market through the income statement. This is in
accordance with the recent clarification of IAS 32 by IFRIC.
Appendix
Pro forma IAS 32 and IAS 39 consolidated income statement
for the six months ended 30 June 2004
IAS 32 and 39 IFRS
US$ million adjustments pro forma
IFRS(1)
Group revenue 12,346 11 12,357
Total operating costs (10,588) (90) (10,678)
Special items - (1) (1)
Operating profit from subsidiaries and joint ventures 1,758 (80) 1,678
Net profit on disposals 1,005 (18) 987
Net income from associates 330 14 344
Total profit from operations and associates 3,093 (84) 3,009
Net finance costs (161) (20) (181)
Profit before tax 2,932 (104) 2,828
Income tax expense (516) 55 (461)
Profit for the financial period 2,416 (49) 2,367
Attributable to:
Minority interests 190 (13) 177
Equity shareholders of the Company 2,226 (36) 2,190
for the year ended 31 December 2004
IAS 32 and 39 IFRS
US$ million adjustments pro forma
IFRS(1)
Group revenue 26,268 57 26,325
Total operating costs (22,627) (185) (22,812)
Special items 25 (66) (41)
Operating profit from subsidiaries and joint ventures 3,666 (194) 3,472
Net profit on disposals 1,015 (23) 992
Net income from associates 550 1 551
Total profit from operations and associates 5,231 (216) 5,015
Net finance costs (367) (56) (423)
Profit before tax 4,864 (272) 4,592
Income tax expense (923) 78 (845)
Profit for the financial period 3,941 (194) 3,747
Attributable to:
Minority interests 440 (55) 385
Equity shareholders of the Company 3,501 (139) 3,362
(1) Excludes the impact of IAS 32 and IAS 39.
Appendix
Pro forma IAS 32 and IAS 39 consolidated balance sheet as at 30 June 2004
IAS 32 and 39 IFRS
adjustments pro forma
US$ million IFRS(1)
Intangible fixed assets 2,501 - 2,501
Tangible fixed assets 30,227 (89) 30,138
Biological assets 374 - 374
Environmental rehabilitation trust 182 - 182
Investments in associates 3,386 22 3,408
Financial asset investments 1,197 53 1,250
Deferred tax assets 97 5 102
Other financial assets (derivatives) - 354 354
Total non current assets 37,964 345 38,309
Inventories 3,148 - 3,148
Trade and other receivables 5,041 (12) 5,029
Current tax assets 192 - 192
Other current financial assets (derivatives) - 379 379
Current asset investments 75 - 75
Cash and cash equivalents 2,495 - 2,495
Total current assets 10,951 367 11,318
Total assets 48,915 712 49,627
Short term borrowings (3,266) 1 (3,265)
Trade and other payables (4,732) (6) (4,738)
Current tax liabilities (679) - (679)
Other financial liabilities (derivatives) - (482) (482)
Total current liabilities (8,677) (487) (9,164)
Medium and long term borrowings (8,258) 115 (8,143)
Retirement benefit obligations (1,081) - (1,081)
Other current financial liabilities (derivatives) - (465) (465)
Deferred tax liabilities (5,279) 23 (5,256)
Provisions (1,155) 87 (1,068)
Total non current liabilities (15,773) (240) (16,013)
Total liabilities (24,450) (727) (25,177)
Net assets 24,465 (15) 24,450
Equity
Called-up share capital 746 - 746
Share premium account 1,609 - 1,609
Other reserves 1,297 176 1,473
Retained earnings 16,673 (78) 16,595
Equity attributable to equity holders of the Company 20,325 98 20,423
Minority interests 4,140 (113) 4,027
Total equity 24,465 (15) 24,450
(1) Excludes the impact of IAS 32 and IAS 39.
This information is provided by RNS
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