AngloGold Ashanti Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	2,251	1,004	-235	233	614	991
Depreciation & Amortization	1,142	778	658	637	479	581
Other Amortization	6	6	6	8	6	-
Loss (Gain) From Sale of Assets	-14	-14	-14	-8	-22	-2
Asset Writedown & Restructuring Costs	-47	-47	234	319	7	1
Loss (Gain) on Equity Investments	-155	-155	-207	-161	-245	-278
Other Operating Activities	923	650	622	916	373	528
Change in Accounts Receivable	-182	-182	-117	-152	-46	-163
Change in Inventory	-78	-78	-58	-54	58	-83
Change in Accounts Payable	6	6	82	66	44	8
Operating Cash Flow	3,852	1,968	971	1,804	1,268	1,692
Operating Cash Flow Growth	129.01%	102.68%	-46.17%	42.27%	-25.06%	61.60%
Capital Expenditures	-1,328	-1,090	-1,042	-1,547	-1,041	-756
Sale of Property, Plant & Equipment	15	16	14	8	25	3
Cash Acquisitions	68	68	-	-	-	-
Divestitures	25	-	-	-	-	200
Sale (Purchase) of Intangibles	-	-	-	-	-1	-1
Investment in Securities	64	-32	20	-16	-2	29
Other Investing Activities	197	276	111	94	94	11
Investing Cash Flow	-959	-762	-897	-1,461	-940	-514
Long-Term Debt Issued	-	655	343	266	822	2,226
Long-Term Debt Repaid	-	-1,000	-181	-266	-883	-2,357
Net Debt Issued (Repaid)	-145	-345	162	-	-61	-131
Common Dividends Paid	-1,266	-244	-107	-203	-224	-38
Other Financing Activities	-126	-138	-142	-120	-171	-160
Financing Cash Flow	-1,537	-727	-87	-323	-456	-329
Foreign Exchange Rate Adjustments	-37	-37	-138	-68	-48	25
Net Cash Flow	1,307	442	-151	-48	-176	874
Free Cash Flow	2,524	878	-71	257	227	936
Free Cash Flow Growth	327.07%	-	-	13.22%	-75.75%	176.92%
Free Cash Flow Margin	29.43%	15.16%	-1.55%	5.71%	5.63%	20.37%
Free Cash Flow Per Share	5.08	2.04	-0.17	0.61	0.54	2.23
Cash Interest Paid	114	125	110	97	110	105
Cash Income Tax Paid	467	183	80	134	316	431
Levered Free Cash Flow	1,567	454.38	-123.63	-407	-143.88	1,053
Unlevered Free Cash Flow	1,673	535.25	-47.75	-340.63	-81.13	1,125
Change in Working Capital	-254	-254	-93	-140	56	-238

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.