Consolidated income statement
for the year ended 31 December 2022
| United States Dollar | ||||
| Figures in millions unless otherwise stated | 2022 | 2021 | 2020 | |
| Revenue | 4,286.7 | 4,195.2 | 3,892.1 | |
|---|---|---|---|---|
| Cost of sales | (2,607.7) | (2,374.9) | (2,150.4) | |
| Investment income | 13.3 | 8.3 | 8.7 | |
| Finance expense | (72.5) | (100.9) | (126.7) | |
| Gain/(loss) on financial instruments | 24.0 | (100.4) | (238.9) | |
| Foreign exchange gain/(loss) | 6.7 | (1.9) | 8.6 | |
| Other costs, net | (15.3) | (49.2) | (11.5) | |
| Share-based payments | (6.9) | (12.7) | (14.5) | |
| Long-term Incentive Plan | (29.0) | (28.5) | (51.3) | |
| Exploration expense | (81.0) | (60.6) | (49.7) | |
| Share of results of equity-accounted investees, net of taxation | 10.1 | (32.0) | (2.6) | |
| Yamana break fee | 300.0 | – | – | |
| Yamana transaction costs | (33.0) | – | – | |
| Restructuring costs | (11.3) | (1.3) | (2.0) | |
| Silicosis settlement costs | 2.2 | 0.7 | (0.3) | |
| Impairment, net of reversal of impairment of investments and assets | (505.0) | (42.4) | 50.6 | |
| Ghana expected credit loss | (17.5) | (41.1) | (29.0) | |
| Profit/(loss) on disposal of assets | 10.4 | 8.5 | (0.2) | |
| Profit before royalties and taxation | 1,274.2 | 1,366.8 | 1,282.9 | |
| Royalties | (110.4) | (112.4) | (105.0) | |
| Profit before taxation | 1,163.8 | 1,254.4 | 1,177.9 | |
| Mining and income taxation | (442.1) | (424.9) | (432.5) | |
| Profit for the year | 721.7 | 829.5 | 745.4 | |
| Profit attributable to: | ||||
| – Owners of the parent | 711.0 | 789.3 | 723.0 | |
| – Non-controlling interests | 10.7 | 40.2 | 22.4 | |
| 721.7 | 829.5 | 745.4 | ||
| Earnings per share attributable to owners of the parent: | ||||
| Basic earnings per share – cents | 80 | 89 | 82 | |
| Diluted earnings per share – cents | 78 | 88 | 81 | |
Gold Fields Limited presents its income statement using the function method. Under the function method, investment income would have been disclosed under other income, gain/(loss) on financial instruments and foreign exchange gain/(loss) under other income/(expenses) and share-based payments and long-term incentive plan under other expenses.