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.
What is the difference between IFRS Revenues and United States GAAP Revenues for 2012?
What is the difference between IFRS Net Income and United States GAAP Net Income for 2012?
How might these differences influence investor decisions?
How might these differences influence financial analysts' assessment of the company? Consider using financial ratios to support your answer.
What are some key differences in the figures found on the balance sheet for 2012?
Which method would the AngloGold Ashanti management prefer to report to stakeholders? Why?
Why are 20-F Reconciliations helpful to investors considering investing in foreign companies listed on US Exchanges?