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Media release
Unaudited interim results
for the six months ended 30 June 2024

The financial statements are presented on a condensed consolidated basis.

FINANCIALS Income statement

      United States Dollars 
      Six months ended 
Figures in millions unless otherwise stated  Notes  June 2024  June 2023 
CONTINUING OPERATIONS          
Revenue  1  2,123.9  2,266.3 
Cost of sales  2  (1,344.5) (1,362.7)
Cost of sales before amortisation and depreciation     (1,075.9) (939.2)
Cost of sales before gold inventory change and amortisation and depreciation     (1,024.5) (1,013.5)
Gold inventory change     (51.4) 74.3 
Amortisation and depreciation     (268.6) (423.5)
Investment income  3  12.7  13.4 
Finance expense  4  (20.8) (32.5)
Equity–accounted loss, after taxation  5  (33.7) (7.5)
(Loss)/gain on foreign exchange     (13.9) 4.6 
Share–based payments  6  (3.5) (4.7)
Long–term incentive plan  7  (0.7) (24.1)
Other costs, net     (18.1) (21.0)
Exploration expenses  9  (32.0) (37.6)
Profit before royalties, taxation and non-recurring items     669.4  794.2 
Non–recurring items     39.8  (2.1)
Profit before royalties and taxation  8  709.2  792.1 
Royalties  10  (60.1) (60.2)
Profit before taxation     649.1  731.9 
Mining and income taxation  11  (246.7) (274.6)
Normal taxation     (173.1) (252.9)
Deferred taxation     (73.6) (21.7)
Profit from continuing operations     402.4  457.3 
DISCONTINUED OPERATION          
Profit from discontinued operation  12    17.3 
Profit for the year     402.4  474.6 
Profit attributable to:          
Owners of the parent – continuing operations     389.0  440.5 
Owners of the parent – discontinued operation       17.3 
Non-controlling interest – continuing operations     13.4  16.8 
Profit attributable to owners of the parent  13.1  389.0  457.8 
Profit attributable to owners of the parent – continuing operations  13.2  389.0  440.5 
Profit attributable to owners of the parent – discontinued operation  13.3    17.3 
Diluted profit attributable to owners of the parent  13.4  386.3  453.5 
Diluted profit attributable to owners of the parent – continuing operations  13.5  386.3  436.2 
Diluted profit attributable to owners of the parent – discontinued operation  13.6    17.3 
Profit per share (cents) attributable to owners of the parent  13.1  43  51 
Profit per share (cents) attributable to owners of the parent – continuing operations  13.2  43  49 
Profit per share (cents) attributable to owners of the parent – discontinued operation  13.3   
Diluted profit per share (cents) attributable to owners of the parent  13.4  43  51 
Diluted profit per share (cents) attributable to owners of the parent – continuing operations  13.5  43  49 
Diluted profit per share (cents) attributable to owners of the parent – discontinued operation  13.6   
Non-IFRS measures and other disclosures          
Non-recurring items:          
Profit on disposal of assets     0.6  0.3 
Restructuring costs     (0.6) (1.6)
Profit on disposal of asset held for sale – Rusoro  15  62.3  – 
Fair value adjustment of asset held for sale – Asanko Gold  15  5.6  – 
Impairment of investments and assets       (0.2)
Gruyere rainfall event     (20.0) – 
Other     (8.1) (0.6)
Total non-recurring items     39.8  (2.1)
Taxation on items above     3.5  0.5 
Non–recurring items after tax     43.3  (1.6)
Headline earnings attributable to owners of the parent  13.7  320.7  457.7 
Headline earnings attributable to owners of the parent – continuing operations  13.8  320.7  440.4 
Headline earnings attributable to owners of the parent – discontinued operation  13.9    17.3 
Diluted headline earnings attributable to owners of the parent  13.10  318.0  453.4 
Diluted headline earnings attributable to owners of the parent – continuing operations  13.11  318.0  436.1 
Diluted headline earnings attributable to owners of the parent – discontinued operation  13.12    17.3 
Headline earnings per share (cents) attributable to owners of the parent  13.7  36  51 
Headline earnings per share (cents) attributable to owners of the parent – continuing operations  13.8  36  49 
Headline earnings per share (cents) attributable to owners of the parent – discontinued operation  13.9   
Diluted headline earnings per share (cents) attributable to owners of the parent  13.10  36  51 
Diluted headline earnings per share (cents) attributable to owners of the parent – continuing operations  13.11  36  49 
Diluted headline earnings per share (cents) attributable to owners of the parent – discontinued operation  13.12   
Normalised profit attributable to owners of the parent     355.2  454.2 
Normalised profit attributable to owners of the parent – continuing operations     355.2  436.9 
Normalised profit attributable to owners of the parent – discontinued operation       17.3 
Normalised profit per share (cents) attributable to owners of the parent     40  51 
Normalised profit per share (cents) attributable to owners of the parent – continuing operations     40  49 
Normalised profit per share (cents) attributable to owners of the parent – discontinued operation      
US Dollar/South African Rand conversion rate     18.72  18.21 
Australian Dollar/US Dollar conversion rate     0.66  0.68 
Figures may not add as they are rounded independently.
The condensed consolidated financial statements for the year ended 30 June 2024 have been prepared by the corporate accounting staff of Gold Fields Limited headed by Tzvet Ilarionova, the Group Financial Controller. This process was supervised by Alex Dall, the interim Group Chief Financial Officer.