begin 644 anglogold_cashflow001n.gif
M1TE&.#EA]@+U%/< ,P 9@ F0 S _P K K,P K9@ KF0 K
MS K_P!5 !5,P!59@!5F0!5S !5_P" " ,P" 9@" F0" S " _P"J "J
M,P"J9@"JF0"JS "J_P#5 #5,P#59@#5F0#5S #5_P#_ #_,P#_9@#_F0#_
MS #__S, #, ,S, 9C, F3, S#, _S,K #,K,S,K9C,KF3,KS#,K_S-5 #-5
M,S-59C-5F3-5S#-5_S. #. ,S. 9C. F3. S#. _S.J #.J,S.J9C.JF3.J
MS#.J_S/5 #/5,S/59C/5F3/5S#/5_S/_ #/_,S/_9C/_F3/_S#/__V8 &8
M,V8 9F8 F68 S&8 _V8K &8K,V8K9F8KF68KS&8K_V95 &95,V959F95F695
MS&95_V: &: ,V: 9F: F6: S&: _V:J &:J,V:J9F:JF6:JS&:J_V;5 &;5
M,V;59F;5F6;5S&;5_V;_ &;_,V;_9F;_F6;_S&;__YD )D ,YD 9ID F9D
MS)D _YDK )DK,YDK9IDKF9DKS)DK_YE5 )E5,YE59IE5F9E5S)E5_YF )F
M,YF 9IF F9F S)F _YFJ )FJ,YFJ9IFJF9FJS)FJ_YG5 )G5,YG59IG5F9G5
MS)G5_YG_ )G_,YG_9IG_F9G_S)G__\P ,P ,\P 9LP F/($.*'$FRI,F3*%.J7,FRIO8,.*'4NVK-FS:-.J7//JW/'D"-+GDRYLD;ERY@S:][,N;/GSZ!#BQY-NK3I
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MPQ!'+/'$%%=L\<489ZSQQAQW[/''&2"'+/+())=L\LDHIZSRRBRW[/++,,?/?M]]\5@ 245V[YY9AG
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M$\=(QC*:\8QH3*,:U\C&-KKQC7 5C*,^,RG/O?)SW[Z\Y\3 VH
M0 =*T((:]* (3:A"%\K0AA(Z]*$0C:A$)TK1BEKTHAC-J$82-\K1CGKTHR -
MJ4A'2M*2FO2D,BA-J4I7RM*6NO2E,(TIA((Y#$UD8AB9T$1-GYB)%6PR!@&
M02=C\$1E$",9.E6&3H\J$M.F.O6I4(VJ5*=*U:I:]:I8S1&J5K?*U:YZ]:M@
M#:M8QTK6LA":]:QH3:M:U\K6MKKUK7"-$JM^^CGU
MKUY2!A=N<(/!%I:P@T5#2X@1 S'8PVA),(E)WV)"][[XS:]^$/?+W_[Z
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MV@S8SK:VM\WM;GO[V^ .#K>XQTWNMO[WOC.M[[WS>]^#/O[WP /N, '3O""&PW\X A/N,(7SO"&._SA#1"/N,0G
M3O&*6_SB&,\-N,8WSO&.>_SC( ^YR Q'3O*2F_SD*$^YRE<,SO*6N_SE,(^Y
MS&=.#?.:V_SF.,^YSG?.\YX+^_SG0 ^ZT(=.]*+ &_WH2'\I/?81C7H,))C2
MC:(^FJX,Q]Y R-%@8M;WH0Q)9$(,R0/ #2:Q=";6@Q@W$$,FDK>"L&?"B,LP
MR-IC4$(Q&"!YQDL>&I8>=R(J@QYI ( !)B$094PB#&(70WAC,(EHZ&.(^JB'
M,M* 7C1$O?!I&$8]T)"\QCI]B)I /'@S5]H$'M UF[VXFX=N2E@1B9@,8^
M:DH,?2R#LV$?_1 GX79BB 'U!%%][F/0Y"#B'@!AJ'K:"T(/L.<> (3__SP/
MFQR-2=R=J$$6B.Q3_WP *':(BZ^ZVHDA_7T0H_M6WGH/G7X#\$8#]H@DB/-S
M7]X>+N/Q @%[#/1Q2WR=_379Z!#*R &.-"#
M-^1TZA>';UAX[-5- K$,HJ=V-U""-C1U ^%TJF>!7*>!A?> F6 \-T /C!5?
M8_\80Y]7#]N7"2IP \7'6=?'?&B06?20=93UB#04#5!7>+Q7?WEH@@.Q=9P8
M X%80TO89$]HA5776'*8$(\WBFB @S*$/&%0@LI 7OB'=IE 6>PUB061=;QW
MC#2$!@$P@%\G"<47#6M'>&%P !9H>-!0?N-(C3%$66(P##>P E8F$(P5 V_'
M>XJX#U'HA(BGBS2D#(]U 4Y$)P7!G&'C^H'? (QBC% #'WH0\GSAFLW@.)G
M@,J@ @: D#U$66E0@)15>LH A4\' UYA'T8DS&4"8P@=P!)D"[ID " D!G)
M=$Y5ABL(;M=Y$#87V_%P:(N(:6
MB0./E9EV*4RUN'B61YC*P(K[ )BC>8*C4P_Z 'N3\%ATJ0(Q( ,N*%TQ< /=
M6!##T%C!]XT$T99.5P_&I'A4V'G&J$QZ27[#_P@ZGX>4OX<#,?!=<,F0.75(
M6WA(U,AY\7=(Q <1TT5?C@54+KF<D,VS:=(EW,< (M?F3"@%V53<)
MH9F+%[$,]"!,::=XKID)].DYROAUYPD QE-98I ,J;B)"C&*=#A^R@ 4MB7
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M?:))G>/IK=>E7=H5JURGC"7SF#MY$ U8FX_7=%@8 Z7*A0<07C GT)JAV%0
M>P:!FIJ F &@ A1J@'U*#^P0#+X:J)8Z#^TP#T^*FL-0J[N IW\WB?J0#,.]
MT*QSB*>UBJ?!, SS@'_CRH]<< #^7_[J%YB(%VL:*CP61"<19*=B8.^B9L-
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MQ%F\A7$'K,I*MP+!#F@\A[0J#V?:J&4GJZ4I#*PS],$-;)=9R5G>?'O34\$)XW,G,I>)U7
MR0)162>X28I5NB8LA_=GPFG7?E:8!M^[O_C_R\XVR Z[,++:BG]J*PQ]ZJA+
M1YH#\^NG3QFJ:.BLNSMPZ^&IA/6<\06[R1)Z2?
MM\J62M2\NW2!BP-A<%AKJ5BW. R7IWV<&\*SR=6LN=+@E7:055F17 \K_'_1
MRWO43(XT#-(?TX4I*Z4LB'^3C'^W&79..[Z:X'O-O+K'1%]-]H_C.Y2._U>VJ(RFP@K/2'W!O;NKPDK45KRKP\JK4;QTS>BJ#2AD
MQ$"!>KA4SM=DABH&.#BSD,BZ;=AD* K#VS=_Y(B/!D%8(TTQ*%G-/'RY8H"$
M[$B5!.%[S%E9,( #7A?2ZQ4 H5M9L=B=5'D#C<"J#HNWCGK4J2P0NYJGPQ"I
MONMXX>VQC2I[6TRWDHK/_+>:" F8,]MDF2 )SQT#ZS4_7'BXG!71&DB2MNV;
M*]"@DKN/W#MV!5$/OP>!F&JQ:=E/0D-L#>'L >U!8B+-853L!?67#<,
M:6"MXUFO?>K #KNKN8JIFLWB-JKB:<_YKC!>B;Q72Q_X-W
MJD:U?1E^$!AN9%UV$$E>$,20N.87FD^W,?K?H3ZK*"Z
M=79^$+"LB1%!YJM#C;"\BFP^X<^:Z R1YKESEHY^Y@JQYS"$@U<:Z0Q)E^F:
MONF_ND-H![JHC[JI%[JIG[JJ Z>ZJJ^ZJS>ZJ[^ZK >ZPRR/NNT7NNV
M?NNXGNL-NK[KO-[KOO[KP![LP@P^[,1>[,9^[,B>[,H.ONS,WNS._NS0'NW2
M/NT,U%[MUG[MV)[MVK[M#=S>[=[^[> >[N(^[N0,7N[F?N[HGN[JON[L#-[N
M[O[N\![O\C[O] Q>[_9^[_B>[_J^[_P,WN_^_N\ '_ "/_ $#%_P!G_P")_P
M"K_P# [?\ [_\! ?\1(_\11?\0P6?_$8G_$:O_$__5@'_9B/_8*9%_V9G_V:)_V:@R_]FS?]F[_]G ?]W(+/_=T7_=V?_=X
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M!0T>1)A0X4*T^A!A1XD2*%2U>Q)A1XT:.'3U^!!E2Y$B2)4V>1)E2Y4J6
M+5V^A!E3YDR:-6W>Q)E3YTZ>/7W^!!I4Z%"B18T>19I4Z5*F39T^A1I5ZE2J
M5:U>Q9I5ZU:N7;U^!1M6[%BR919M6[5JV;=V^A1M7[ERZ=>W>Q9M7[UZ^
M??U/_@4<6/!@PH4-'T:<6/%BQHT=/X8<6?)DRI4M7\:<6?-FSIT]?P8=6O1H
MTJ5-GT:=6O5JUJU=OX8=6_9LVK5MW\:=6_=NWKU]_P8>7/APXCG%C1]'GESY
M/+ES9]'GU[]>O;MW;^''U_^
M?/KU[=\UQY]?_W[^_?W_!S! 0?A#)**:>DLDHKK\0R2RVWY+)+
M+[\$,TPQQR2S3#//)T0S33779+---]^$,TXYYZ2S3COOQ#-//??DLT\__P0T
M4$$');100R,/131111=EM%%''X4T4DDGI;122R_%-%---^6T4T\_!35442!'
M);544T]%-5555V6U55=?A35666>EM59;;\4U5UUWY1^U5U]_!39888==^:Y9Y]_!CH9:*&')KIHHX]&.FFEEV:Z::>?ACIJ
MJ:>FNA=JJZ_&.FNMM^:Z:Z^_!CMLL<>F
MNVZ[[\8[;[T5]^:[;[__!CQPP0\<<GO'++
M+\<\<\TWY[P4<\\_!SUTT4GO7;;;\<]
M=]UWY[UWWQ1_!SYXX8>679[YYYQ*?ASYZZ:>GOGKKK\<^>^VW
MY[X4>^^_!S]\\<>GOW[[[\<_?_WWYQ._
M?___!V !3A A;0@ =$8 (5%;A !C;0@0^$8 0E.$$*5M""%\1@!A,UN$$.
M=M"#'P1A"$4X0A*6T(0G$T1A"E6X0A:VT(4OA&$,93A#&M83T(8WQ&$.=;A#
M'O;0AS\$8A"%.!)$(A;1B$=$8A*5N$0F-M&)3X028A2E.$4J5M&*5\1B%K6X
M12YV$]&+7P1C&,4X1C*6T8QG1&,:U;@11C:VT8UOA&,
M];A'/O;1CW\$9" %.4A"$A;2D(=$9"(5N4A&-M*1CX1D)! E.4E*5M*2E\1D
M)C6Y24YV$=*3GP1E*$4Y2E*6TI2G1&4J$%6Y2E:VTI6OA&4L93E+6M81TI:W
MQ&4N=;E+7O;2E[\$9C 0A3E,8A;3F,=$9C*5N4QF-A'3F<^$9C2E.4UJ5M.:
MU\1F-@^UN4UN=M.;WP1G.,4Y3G(/EM.]M2G/P5J4(4Z5*(6U:@-1T5J4I6Z5*8VU:E/A0YJ
M5*4Z5:I6U:I7Q6I6M0^Z5:YVU:M?!6M8Q3I6LI8.U:QG16M:U;I6MK;5K6\.
MA6MXQT5NI6U[K7Q0UN=K6[7>YVU[O?!6]X#,4[7O*6U[SG16]Z
MU0R[7O:VU[WOA6]\Y3L-7_K6U[[WQ6]^];M?_@SVU[__!7" !3Q@ A<-V, '
M1G""%;Q@!C?8P0L/AG"$)3QA"E?8P@P7QG"&-;QA#G?8PQ\,!G&(13QB$I?8
MQ"=&"W&*5;QB%K?8Q2^&,93QC&M?8QC?&<8X+=;QC'O?8QS\&ZU;UN=K?;W>^&"G>\Y3UO>M?;WO<+
MQG>^];UO?O?;W_\*!GC !3YP@A?A'"D=ZTI6^=*8WW>D)3X=Z
MU*4^=:I7"MWJ5\=ZUK6^=:X)=]WK7P=[V,4^"G:RE]WL9T=[VM4*OG:VM]WM
M;X=[W GE/G>ZU]WN=\<*>][UOG>^]]WO?P@'?. %/WC"%PK>\(='?.(5OWC&
M"3?>\8^'?.0E/PIYRE?>\I?'?.8U"+]YSG?>\Y\'"GWH13]ZTI?>]*]O7/O>^Q_WN@<_[WP>?^+2'1NL)
ME;]\YC??^<^'"7[TI3]]ZE??^@G7QW[VM;]][G<(W_O?!W_XQ3\*?O*7W_SG
M1W_ZU5V_?O:C3!F:>'W\X3]_^=>?_O>W?_[QOW_]]Y____>_ 3 11 =0:
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M1,9D5,9E"63&9G3&9X3&: F4QFFDQFJTQFL)Q,9LU,9MY,9N"?3&;P3')3'>:0)QWJTQWO$QWS4"<=]Y,=^
M],=_! G(@!3(@23(@C0)R(-$R(14R(5D",B&=,B'A,B("93(B:3(BK3(BPG$
MR(S4R(WDR(X)],B/!,F0%,F1!R3)DC3)DT0)R914R95DR99T3LF7A,F8E,GM
MR00QL,F;Q,F],F?!,J@%,JA',IA:!M)" 8. "E9,JE=,JFA,JG
ME,JHI,JIM,JJQ,JKU,JLY,JM]$JES(3YJ0F'F23+LC3+LT0)R[14R[5DR[9T
M",NWA,NXE,NY":3+NK3+N\3+O ?4R[WDR[[T"$",W8E,W9I,W:";3-V\3-W-3-W0?DS=[T
MS=\$"<[@%,[A),[B- C.XT3.Y%3.Y0=DSN9TSN>$"<[HE,[II,[JM C.Z\3.
M[-3.[0?DSN[TSN\$"<_P%,_Q),_R- C/\T3/]%3/]0=DS_9TS_>$",_XE,_Y
MI,_Z";3/^\3/_-3/_0?DS_[TS_\$"- %= !)= "!S70 T70!%4)T 5ET 9U
MT >%"- (E= )I= *![70"\70#-4(T WET [UT \'!=$0%=$1)0C1$C71$T71
M% E5T15ET19UT1<'A=$8E=$9I0C1&K71&\71' ?5T1WET1[U"-$?!=(@%=(A
M!R72(C72(T4(TB15TB5ETB8'==(GA=(HE0C2*:72*K72*P?%TBS5TBWE"-(N
M]=(O!=,P!Q73,273,C4(TS-%TS15TS4'9=,V==,WA0C3.)73.:73.@>UTSO%
0TSS5"M,]Y=,^]5.=" @ .P$!
end