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Integrated Annual Report 2019
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VALUE CREATION FOR OUR STAKEHOLDERS

Our aim of delivering on our strategy is informed by our drive to create value for our stakeholders.

TOTAL AND NATIONAL VALUE DISTRIBUTION

National value distribution by region and type 2019 (US$m) Government Business Employees Socio-
economic
spend
Capital
providers
National value
distribution
 
Americas 60 182 42 6 5 295  
Australia 80 758 133 1 12 984  
South Africa 21 187 92 22 7 290  
West Africa 109 614 68 13 5 810  
Corporate 2 3 60 0 133 198  
Total Gold Fields 254 1,744 395 22 162 2,577  

1 South Deep does not yet pay income tax as it is in a loss-making position
2 This includes spending from the South Deep trusts and SLP commitments

EMPLOYEES

Value distribution per region

PAYMENTS INCLUDE

Salaries and wages, benefits and bonuses.

US$395m

paid in salaries and benefits

55%

host community employment

VALUE CREATED

  • Competitive salaries with a strong performance-based component
  • Improved business processes, operational efficiencies and productivity
  • Modern working practices, such as flexible work options
COMMUNITIES

Value distribution per region

PAYMENTS INCLUDE

Socio-economic development (SED) spending.

US$22m

in terms of SED investment

US$27m

Damang-Tarkwa road completed,
our largest community investment
project to date

VALUE CREATED

  • Jobs and supply opportunities through host community procurement
  • Maximise local opportunities through host community employment
  • Building skills base in the community through education and bursaries
  • Invest in the community across services, including health and education, enterprise development and infrastructure



CAPITAL PROVIDERS

Value distribution per region

PAYMENTS INCLUDE

Interest and dividend payments.

US$162m

to the providers of debt and equity capital

US$356m

reduction in net debt

VALUE CREATED

  • Funding the development, maintenance and growth of our operations and overall business to ensure the sustainability of Gold Fields
  • Share price improvements offering a return on capital invested



BUSINESS

Value distribution per region

PAYMENTS INCLUDE

Operational and capital procurement.

US$1.74bn

paid to suppliers and contractors

34%

of mine operational and capital spend (excluding utilities) is with host community firms

VALUE CREATED

  • 96% of total procurement spend is from businesses based in our operating countries
  • US$635m of total procurement spend by our mines – 34% of total – was spent on suppliers and contractors from our host communities
  • All suppliers and contractors are included in Gold Fields’ health and safety management systems



GOVERNMENTS

Value distribution per region

PAYMENTS INCLUDE

Mining royalties and land-use payments, taxes, duties and levies.

US$254m

paid in taxes and royalties

US$2m

paid to the Ghana government in dividends relating to its 10% stake in each of Damang and Tarkwa

VALUE CREATED

  • Over 96% of the value created remains in the countries of operation
  • Royalty payments target infrastructure improvements in mining areas



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