v3.25.2
Borrowings and lease liabilities
 6 Months Ended
Jun. 30, 2025
Borrowings [abstract]  
Borrowings and lease liabilities Borrowings and lease liabilities
AngloGold Ashanti’s borrowings are interest bearing.
As at
As at
June
December
2025
2024
US Dollar millions
Unaudited
Audited
Change in liabilities arising from financing activities:
Reconciliation of borrowings (excluding lease liabilities)
A reconciliation of the total borrowings included in the statement of financial position is set out in the following
table:
Opening balance
1,984
2,239
Proceeds from borrowings (1)
285
655
Repayment of borrowings (2)
(180)
(909)
Finance costs paid on borrowings
(48)
(114)
Interest charged to the income statement
53
114
Deferred loan fees
5
—
Translation
4
(1)
Closing balance
2,103
1,984
Borrowings
Non-current
2,017
1,901
Current
86
83
2,103
1,984
Reconciliation of finance costs paid (excluding lease finance costs)
A reconciliation of the finance costs paid included in the statement of cash flows is set out in the following table:
Finance costs paid on borrowings
48
114
Commitment fees, utilisation fees and other borrowing costs
6
12
Total finance costs paid
54
126
Reconciliation of lease liabilities
Opening balance
141
171
Acquisition through business combination
—
4
Lease liabilities recognised
98
69
Repayment of lease liabilities
(46)
(91)
Finance costs paid on lease liabilities
(8)
(11)
Interest charged to the income statement
8
12
Modifications and terminations
—
(3)
Transfer to held for sale (Note 7)
(8)
—
Translation
9
(10)
Closing balance
194
141
Lease liabilities
Non-current
128
65
Current
66
76
194
141
(1) During the six months ended 30 June 2025, the Company made drawdowns of $285m on the new three-year 2025 Geita multi-currency RCF, of which $180m was in
USD and the remaining $105m (equivalent) was in Tanzanian shillings.
(2) During the six months ended 30 June 2025, there was a full repayment of $180m on the $1.4bn 2022 multi-currency RCF.