UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

Report on Form 6-K dated April 20, 2010

AngloGold Ashanti Limited

(Name of registrant)

76 Jeppe Street
Newtown, 2001
(P.O. Box 62117, Marshalltown, 2107)
South Africa
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F þ       Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes o       No þ

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes o       No þ

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o       No þ

Enclosure:

UNAUDITED PRO FORMA FINANCIAL INFORMATION RELATING TO ANGLOGOLD ASHANTI LIMITED (“ANGLOGOLD ASHANTI”)

 

 

UNAUDITED PRO FORMA FINANCIAL INFORMATION RELATING TO ANGLOGOLD ASHANTI LIMITED (“ANGLOGOLD ASHANTI”)

The unaudited pro forma financial data presents AngloGold Ashanti’s unaudited pro forma consolidated income statement for the year ended December 31, 2009. The pro forma consolidated income statement gives effect to AngloGold Ashanti’s disposition of its 33.33% joint venture interest in the Boddington project and receipt of proceeds thereon (the “Boddington Disposition”) as if the Boddington Disposition had occurred at January 1, 2009.

The unaudited pro forma financial data appearing herein is for information purposes only. It is hypothetical and does not purport to represent what AngloGold Ashanti’s results of operations would have been had the Boddington Disposition in fact occurred at January, 1 2009 or to project AngloGold Ashanti’s results of operations for the present year or for any future period. The pro forma consolidated income statement is based on the assumptions set forth in the notes thereto and should be read in conjunction with AngloGold Ashanti’s related financial statements and the notes thereto.

ANGLOGOLD ASHANTI LIMITED UNAUDITED PRO FORMA CONDENSED CONSOLIDATED INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2009

			Actual audited												Unaudited
			twelve months ended												pro forma
			December 31, 2009				Pro forma				Note				twelve months ended
			US GAAP				adjustments				reference				December 31, 2009
			(In $ millions, except number of shares and per share amounts)
Sales and other income				3,954												3,954
Product sales				3,784												3,784
Interest, dividends and other				170												170
Cost and expenses				4,852				(6	)							4,846
Production costs				2,229												2,229
Exploration costs				150												150
Related party transactions				(18	)											(18	)
General and administrative				158												158
Royalties				84												84
Market development cost				10												10
Depreciation, depletion and amortization				615												615
Impairment of assets				8												8
Interest expense				123				(6	)			1				117
Accretion expense				17												17
Employment severance costs				14												14
Loss on sale of assets, realization of loans, indirect taxes and other				10								5				10
Non-hedge derivative loss				1,452												1,452
Other operating items				—												—
(Loss)/income from continuing operations before income tax and equity income in affiliates				(898	)			6								(892	)
Taxation benefit/(expense)				33								5				33
Equity income in affiliates				88												88
Net (loss)/income from continuing operations				(777	)			6								(771	)
Discontinued operations				—												—
Net (loss)/income				(777	)			6								(771	)
Net income attributable to noncontrolling interests				(48	)											(48	)
Net (loss)/income — attributable to common stakeholders				(825	)			6								(819	)
(Loss)/income per share attributable to common stockholders: (cents)
From continuing operations
Ordinary shares				(230	)			2				2				(228	)
E Ordinary shares				(115	)			1				2				(114	)
Ordinary shares — diluted				(230	)			2				3				(228	)
E Ordinary shares — diluted				(115	)			1				3				(114	)
Net (loss)/income
Ordinary shares				(230	)			2				2				(228	)
E Ordinary shares				(115	)			1				2				(114	)
Ordinary shares — diluted				(230	)			2				3				(228	)
E Ordinary shares — diluted				(115	)			1				3				(114	)
Weighted average number of shares used in computation
Ordinary shares				357,355,126												357,355,126
E Ordinary shares — basic and diluted				3,873,169												3,873,169
Ordinary shares — diluted				357,355,126								4				357,355,126

Pro Forma Adjustments

1		Interest expense Consequential reduction in interest expense from repayment of short-term debt calculated using a 1.59 percent annual interest rate.
2		Income per share Basic earnings per share is computed by dividing net profits by the weighted average number of shares in issue using the two class method of computation.
3		Diluted income per share The diluted income per share is calculated by dividing net profits by the weighted average diluted number of shares in issue using the two class method of computation. The effect of the diluted income per share for the year ended December 31, 2009 is anti-dilutive and therefore the diluted earnings per share are the same as the basic earnings per share.
4		Weighted average diluted number of shares The calculation of diluted earnings per share at December 31, 2009 did not take into account the effect of 1,234,858 shares issuable on share awards and the effect of 15,384,615 shares issuable upon the exercise of convertible bonds as their effects are anti-dilutive.
5		Profit on the Boddington Disposition The profit on the Boddington Disposition was calculated as follows:

		US$ Millions
Total proceeds from the Boddington Disposition			1,130
Total net assets related to the Boddington Disposition			(1,074	)
Profit on the Boddington Disposition			56

The total proceeds of US$1,130 million have all been realized in cash as at December 31, 2009.

The profit on the Boddington Disposition of $56m (before a tax charge of $16m), is included in the Loss on sale of assets, realization of loans, indirect taxes and other line.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.