$AU

AngloGold Ashanti PLC

CIK:0001973832|SEC Filings

Group income statement - USD ($) $ in Millions	12 Months Ended
Group income statement - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Profit or loss [abstract]
Revenue from product sales	$ 9,893	$ 5,793	$ 4,582
Cost of sales	(5,022)	(3,726)	(3,541)
Loss on non-hedge derivatives and other commodity contracts	0	0	(14)
Gross profit	4,871	2,067	1,027
Corporate administration, marketing and related expenses	(138)	(118)	(94)
Exploration and evaluation costs	(267)	(252)	(254)
Net (impairment) reversal of impairment and net loss on disposal and derecognition of assets	88	(58)	221
Corporate restructuring costs	0	0	(314)
Other (expenses) income	(248)	(144)	(104)
Finance income	152	160	127
Foreign exchange and fair value adjustments	(41)	(87)	(154)
Finance costs and unwinding of obligations	(220)	(167)	(157)
Share of associates and joint ventures’ profit	255	155	207
Profit before taxation	4,276	1,672	63
Taxation	(1,102)	(623)	(285)
(Loss) profit for the year	3,174	1,049	(222)
Attributable to:
Equity shareholders	2,636	1,004	(235)
Non-controlling interests	$ 538	$ 45	$ 13
Earnings (loss) per ordinary share
Basic earnings (loss) per ordinary share (USD per share)	$ 5.19	$ 2.33	$ (0.56)
Diluted earnings (loss) per ordinary share (USD per share)	$ 5.18	$ 2.33	$ (0.56)

Group statement of cash flows - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2025

Dec. 31, 2024

Dec. 31, 2023

Cash flows from operating activities

Cash generated from operations

$ 5,409

$ 2,063

$ 871

Dividends received from joint ventures

122

180

Taxation refund

Taxation paid

(758)

(189)

(116)

Net cash inflow from operating activities

4,784

1,968

971

Cash flows from investing activities

Capital expenditure on tangible and intangible assets

(1,449)

(1,090)

(1,042)

Acquisition of assets

(158)

Dividends from associates and other investments

Proceeds from disposal of tangible assets

Acquisition of subsidiary, net of cash acquired

Other investments and assets acquired

(3)

(30)

Proceeds from disposal of other investments

^[1]

Payment from disposal of joint ventures and associates

(2)

Loans advanced to associates and joint ventures

(1)

Contingent consideration received

Repayment of loans advanced to joint ventures

161

149

Proceeds from disposal of subsidiaries, net of cash disposed

(Increase) decrease in cash restricted for use

(3)

(9)

Interest received

106

109

Net cash outflow from investing activities

(1,180)

(762)

(897)

Cash flows from financing activities

Share securities tax on redomicile and reorganisation

(19)

Proceeds from borrowings

285

655

343

Repayment of borrowings

(245)

(909)

(87)

Repayment of lease liabilities

(92)

(91)

(94)

Finance costs - borrowings

(164)

(126)

(111)

Finance costs - leases

(17)

(11)

Other borrowing costs

(1)

Dividends paid to external shareholders and distributions to non-controlling interests

(1,871)

(244)

(107)

Net cash inflow (outflow) from financing activities

(2,104)

(727)

(87)

Net increase (decrease) in cash and cash equivalents

1,500

479

(13)

Translation

(15)

(37)

(138)

Cash and cash equivalents at beginning of year (net of bank overdraft)

1,397

955

1,106

Cash and cash equivalents at end of year (net of bank overdraft)

$ 2,882

$ 1,397

$ 955

[1]	The proceeds relate to the disposal of the investment in G2 Goldfields Inc

Group statement of financial position - USD ($)
$ in Millions

Dec. 31, 2025

Dec. 31, 2024

Dec. 31, 2023

Non-current assets

Tangible assets

$ 8,515

$ 8,512

^[1],[2]

$ 4,419

^[1],[2]

Right of use assets

187

123

^[1],[2]

142

^[1],[2]

Intangible assets

106

^[1],[2]

107

^[1],[2]

Investments in associates and joint ventures

726

530

^[1],[2]

599

^[1],[2]

Other investments

^[1],[2]

Loan receivable

200

203

^[1],[2]

358

^[1],[2]

Inventories

175

158

^[1],[2]

Trade, other receivables and other assets

^[1]

249

213

^[2]

212

^[2]

Contingent consideration

^[1]

^[2]

Reimbursive right for post-retirement benefits

^[1],[2]

Deferred taxation

^[2]

106

^[1]

132

^[1]

Cash restricted for use

^[1],[2]

Non-current assets

10,431

10,096

^[1],[2]

6,083

^[1],[2]

Current assets

Loan receivable

133

260

^[1],[2]

148

^[1],[2]

Inventories

1,076

1,055

^[1],[2]

829

^[1],[2]

Trade, other receivables and other assets

^[1]

426

356

^[2]

193

^[2]

Contingent considerations

^[1]

^[2]

Cash restricted for use

^[1],[2]

Cash and cash equivalents

2,905

1,425

^[1],[2]

964

^[1],[2]

Assets held for sale

^[3]

^[1],[2]

Current assets

4,647

3,134

^[1],[2]

2,174

^[1],[2]

Total assets

15,078

13,230

^[1],[2]

8,257

^[1],[2]

EQUITY AND LIABILITIES

Share capital and premium

554

526

^[1],[2]

420

^[1],[2]

Accumulated profit (loss) and other reserves

7,537

6,103

^[1],[2]

3,291

^[1],[2]

Shareholders’ equity

8,091

6,629

^[1],[2]

3,711

^[1],[2]

Non-controlling interests

1,825

1,884

^[1],[2]

Total equity

9,916

8,513

^[1],[2]

3,740

^[1],[2]

Non-current liabilities

Borrowings

2,025

1,901

^[1],[2]

2,032

^[1],[2]

Lease liabilities

155

^[1],[2]

Environmental rehabilitation and other provisions

687

656

^[1],[2]

636

^[1],[2]

Provision for pension and post-retirement benefits

^[1],[2]

Trade and other payables

^[1],[2]

Deferred taxation

^[2]

600

502

^[1]

395

^[1]

Non-current liabilities

3,542

3,187

^[1],[2]

3,230

^[1],[2]

Current liabilities

Borrowings

^[1],[2]

207

^[1],[2]

Lease liabilities

^[1],[2]

Trade and other payables

1,001

957

^[1],[2]

772

^[1],[2]

Environmental rehabilitation and other provisions

131

109

^[1],[2]

Bank overdraft

^[1],[2]

Taxation

^[2]

377

277

^[1]

146

^[1]

Liabilities held for sale

^[3]

^[1],[2]

Current liabilities

1,620

1,530

^[1],[2]

1,287

^[1],[2]

Total liabilities

5,162

4,717

^[1],[2]

4,517

^[1],[2]

Total equity and liabilities

$ 15,078

$ 13,230

^[1],[2]

$ 8,257

^[1],[2]

[1]	Contingent considerations, which was previously reported as part of trade, other receivables and other assets, is now reported separately on the statement of financial position as a result of a change in presentation policy. The change was made to provide more relevant and reliable information to users of the financial statements given the nature and measurement basis of these receivables. Comparative periods have been reclassified. The increase in contingent considerations from December 2024 is mainly as a result of contingent considerations recognised for the sale of the Doropo and ABC projects of $38m and the sale of MSG of $44m, partly offset by a decrease in the Gramalote contingent consideration of $8m, resulting from a change in the timing of stage gate payments.
[2]	Comparative periods have been retrospectively revised, where indicated, due to the prior period error in the classification of deferred and current taxation assets and liabilities. Refer to Note 1.4.
[3]	The assets and liabilities held for sale relate to the La Colosa project being classified as a disposal group held for sale.