1. Compare the 2012 financial data found in the 2013 Form 20-F with the 2012 financial data found in the 2012 Form 20-F Reconciliation. Analyze the differences in the key financial indicators used by financial analysts and comment on your findings. Make sure you include, at a minimum, answers to the following questions in your analysis.
   a. What is the difference between IFRS revenues and U.S. GAAP revenues for 2012? Use the percent difference to help highlight the significance.
   b. What is the difference between IFRS net income and U.S. GAAP net income for 2012? Use the percent difference to help highlight the significance.
   c. What is the difference between IFRS current assets and U.S. GAAP current assets? Use the percent difference to help highlight the significance.
   d. What is the difference between IFRS total stockholders’ equity and U.S. GAAP total stockholders’ equity? Use the percent difference to help highlight the significance.
   e. How might these differences influence investor decisions and financial analysts’ assessment of the company? Consider using financial ratios to support your answer.
   f. Which method would the AngloGold Ashanti management prefer to report to stakeholders? Why?

Sample Solution

Share on Facebook

Tweet

Follow us