Gold Fields

STATEMENT OF CASH FLOWS

  United States Dollars  
  Six months ended  
Figures in millions unless otherwise stated June
2020
  June  
2019  
Restated 1
 
Cash flows from operating activities 548.6    456.4   
Profit before royalties and taxation 312.0    173.8   
Amortisation and depreciation 305.1    291.9   
Silicosis payment (1.7)   —   
Other non-cash items 110.8    85.7   
South Deep BEE dividend (1.1)   (1.4)  
Change in working capital (21.8)   2.1   
Royalties and taxation paid (154.7)   (95.7)  
Dividends paid (53.0)   (11.5)  
Owners of the parent (53.0)   (11.5)  
Cash flows from investing activities (251.3)   (277.4)  
Capital expenditure – additions (236.2)   (356.3)  
Capital expenditure – working capital (2.5)   —   
Proceeds on disposal of property, plant and equipment 0.4    0.9   
Purchase of investments —    (6.0)  
Redemption of Asanko Preference shares 37.5    —   
Proceeds on disposal of Maverix —    66.8   
Loan advanced – contractors (68.4)   —   
Proceeds on disposal of investments 22.9    20.9   
Contributions to environmental trust funds (5.0)   (3.7)  
Cash flows from financing activities 210.0    105.1   
Loans received 41.4    1,514.5   
Loans repaid (57.9)   (1,392.2)  
Payment of lease liabilities (22.5)   (17.2)  
Shares issued 249.0    —   
Net cash inflow 454.3    272.6   
Translation adjustment (28.5)   (2.0)  
Cash and cash equivalent at beginning of the period 515.0    219.7   
Cash and cash equivalent at end of the period 940.8    490.3   
Non IFRS measures and other disclosures        
Cash flow from operating activities less net capital expenditure, environmental payments, lease payments and redemption of Asanko preference shares 320.3    80.1   

1 Refer to Basis of preparation for details of the restatement.These amounts have not been audited.