AngloGold Ashanti Limited (ASX:AGG) Annual Report 2020



The latest annual report of AngloGold Ashanti Limited (AGG) was published on 31 Dec 2020. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - AGG Annual Results

Amounts in USD

Total Revenue
4.43B
Gross Profit
1.73B
EBIT
1.44B
Net Tangible Assets
3.56B
Net Income
953M
Capital Expenditures
-718M

AGG Income Statement 2020 Annual Report

As per the latest Income Statement of AGG, the Net revenue increased by $902.00M (26%) compared to the previous period. The operating income in 2020 increased by $828.00M (136%). The net income as per the annual report was 953M which increased by $965.00M (8042%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue4.43B3.52B
Gross Profit1.73B903M
Operating Income1.44B610M
Income Before Tax1.59B619M
Net Income953M-12M

Balance Sheet - AGG 2020 Annual Report

Read further: AGG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of AngloGold Ashanti Limited showed the company increased the cash on balance sheet by $874.00M (192%). The Net tangible assets of AGG on the balance sheet were at 3.56B which is $1.047B (42%) more than previous annual report. The total stockholder equity also increased by $1.055B (40%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash1.33B456M
Total Assets7.67B 6.86B
Long Term Debt1.79B1.3B
Total Liabilities3.93B 4.19B
Total Shareholder Equity3.69B2.64B
Net Tangible Assets3.56B2.52B

Cash Flow Statement - AGG 2020 Annual Report

The 2020 annual cash flow statement of AngloGold Ashanti Limited showed that the net income increased by $965.00M (8042%) compared to previous reporting period. Also the capital expenditure of AGG decreased by $-9.00M (-1%).

As of 2020, the total cash from investing activities was -476M and total cash from financing activities was -329M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income953M-12M
Capital Expenditures-718M-709M
Dividends Paid-38M-27M
Total Cash From From Investing Activities-476M-743M
Total Cash From From Financing Activities-329M-177M

AngloGold Ashanti Limited Annual Report History

Income Statement

Income Statement history of AngloGold Ashanti Limited (ASX:AGG)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Total Revenue4.43B3.52B3.34B3.39B
Cost Of Revenue2.7B2.62B2.58B2.6B
Gross Profit1.73B903M756M793M
Research Development----
Selling General Administrative68M82M76M64M
Non Recurring----
Other Operating Expenses100M99M89M82M
Total Operating Expenses2.99B2.92B2.84B2.85B
Operating Income1.44B610M493M542M
Total Other Income Expense Net151M9M-48M-214M
Ebit1.44B610M493M542M
Interest Expense-115M-139M-133M-137M
Income Before Tax1.59B619M445M328M
Income Tax Expense625M250M212M163M
Minority Interest45M36M42M41M
Net Income From Continuing Ops964M369M233M165M
Discontinued Operations7M-376M-83M-336M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income953M-12M133M-191M
Net Income Applicable To Common Shares953M-12M133M-191M

Balance Sheet Statement

Balance Sheet Statement history of AngloGold Ashanti Limited (ASX:AGG)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash1.33B456M329M205M
Net Receivables173M189M167M160M
Inventory733M632M652M683M
Other Current Assets42M634M31M376M
Total Current Assets2.33B1.98B1.23B1.49B
Long Term Investments1.84B1.66B1.67B1.58B
Property Plant Equipment3.03B2.75B3.38B3.74B
Good Will126M116M116M127M
Intangible Assets5M7M7M11M
Other Assets342M351M243M261M
Deferred Long Term Asset Charges7M105M-4M
Total Assets7.67B6.86B6.64B7.22B
Accounts Payable403M365M350M358M
Short Long Term Debt142M734M139M38M
Other Current Liab186M398M118M231M
Long Term Debt1.79B1.3B1.85B2.16B
Other Liab1.07B1.05B1.25B1.43B
Minority Interest45M36M42M41M
Total Current Liabilities959M1.71B793M855M
Total Liab3.93B4.19B3.95B4.51B
Common Stock17M17M16M16M
Retained Earnings-2.34B-3.27B-3.23B-3.36B
Treasury Stock-1.19B-1.3B-1.3B-1.12B
Capital Surplus7.21B7.19B7.17B7.13B
Other Stockholder Equity-1.19B-1.3B-1.3B-1.12B
Total Stockholder Equity3.69B2.64B2.65B2.66B
Net Tangible Assets3.56B2.52B2.53B2.52B

Cash Flow Statement

Cash Flow Statement history of AngloGold Ashanti Limited (ASX:AGG)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income953M-12M133M-191M
Depreciation576M602M582M712M
Change To Netincome363M622M264M613M
Change To Account Receivables-163M-138M-74M-86M
Change To Liabilities8M40M-46M16M
Change To Inventory-83M-67M-2M-67M
Total Cash From Operating Activities1.65B1.05B857M997M
Capital Expenditures-718M-709M-575M-675M
Investments29M-11M-14M-32M
Other Cashflows From Investing Activities8M-20M244M-158M
Total Cashflows From Investing Activities-476M-743M-335M-862M
Dividends Paid-38M-27M-24M-39M
Net Borrowings-131M3M-214M48M
Other Cashflows From Financing Activities-160M-153M-155M-157M
Total Cash From Financing Activities-329M-177M-393M-148M
Effect Of Exchange Rate25M25M-5M3M
Change In Cash874M127M124M-10M