v3.26.1
Basis of preparation
6 Months Ended
Jun. 30, 2026
Interim Financial Reporting [Abstract]  
Basis of preparation Basis of preparation
These condensed consolidated interim financial statements of AngloGold Ashanti plc (“AngloGold Ashanti” or the “Group”) have been
prepared in compliance with IAS 34 “Interim Financial Reporting” as issued by the International Accounting Standards Board (“IASB”).
These condensed consolidated interim financial statements should be read in conjunction with the Group’s audited consolidated financial
statements and the notes thereto as at and for the year ended 31 December 2025.
The condensed consolidated interim financial statements in this report have been prepared in accordance with the historical cost
convention, except for certain financial instruments, which are stated at fair value. The Group’s accounting policies used in the preparation
of these condensed consolidated interim financial statements are consistent with those used in the Group’s audited financial statements as
at and for the year ended 31 December 2025.
1.2. Error in the classification of deferred taxation assets and liabilities and current taxation liability
During the prior year, the Group identified a prior period error relating to the classification of deferred taxation assets and liabilities and
current taxation liability, with regards to its operations in Brazil. The error arose as a result of an incorrect accounting and associated tax
treatment for Mineral Reserve development and brownfields exploration costs in the local statutory accounts, resulting in an
understatement of the current tax liability for the financial years 2020 to 2024. After consultation with external tax and legal advisors, the
total outstanding tax liability for the financial years 2020 to 2024 was quantified and fully settled in December 2025.
The impact of the revision on the Taxation note for the six months ended 30 June 2025 is detailed below. The impact on the statement of
financial position was disclosed in the consolidated financial statements for the year ended 31 December 2025. The revision had no impact
on the Group’s debt, the financial maintenance covenants in its credit facilities or its income statement and statement of cash flows. The
Group determined the error is not material.
Six months ended 30 June 2025
US Dollar millions
Previously reported
Adjustments
Revised
Taxation (Note 5)
Current year
409
21
430
Current taxation
400
21
421
Current year
26
(21)
5
Deferred taxation
27
(21)
6