Gold Fields

ALL-IN COSTS (Original interpretation) (UNREVIEWED)

World Gold Council Industry Standard

                        United States Dollars              
Figures in millions unless
otherwise stated

 
Total
Group
Including
Equity
Accounted
Joint
Venture
    Total
Mine
Operations
Including
equity
accounted
Joint
Venture
    Total
Mine
Operations
Excluding
Equity
Accounted
Joint
Venture
    South Africa
Region
    West Africa
Region
    South America
Region
 
    Ghana   Peru  
South
Deep
Total Tarkwa Damang Asanko
45%
Cerro
Corona
 
Cost of sales before gold inventory change andamortisation and depreciation   Year 2019 (1,553.4) (1,553.4) (1,466.4) (245.9) (567.2) (329.8) (150.4) (87.0) (168.4)  
    Year 2018 (1,432.4) (1,433.2) (1,391.4) (262.0) (483.8) (298.7) (143.5) (41.6) (160.3)  
Gold inventory change   Year 2019 41.6 41.6 43.0 3.7 21.8 14.4 8.8 (1.4) 6.0  
    Year 2018 20.4 20.4 16.2 (9.6) 13.2 (10.1) 19.1 4.2 5.5  
Royalties   Year 2019 (81.4) (81.4) (73.7) (1.6) (43.9) (25.8) (10.3) (7.7) (5.5)  
    Year 2018 (65.2) (65.3) (62.5) (1.0) (31.3) (21.2) (7.3) (2.8) (5.1)  
Realised gains/(losses) on commodity cost hedges   Year 2019 8.5 8.5 8.5 5.4 3.9 1.5  
  Year 2018 12.2 12.2 12.2 7.6 5.5 2.1  
Community/social responsibility costs   Year 2019 (18.2) (18.2) (18.0) (1.7) (13.0) (11.7) (1.2) (0.1) (3.4)  
    Year 2018 (14.6) (14.6) (14.6) (1.3) (7.1) (6.7) (0.4) (6.3)  
Non-cash remuneration   Year 2019 (20.5) (9.8) (9.8) 0.8 (5.2) (3.4) (1.8) (1.1)  
– share-based payments   Year 2018 (37.5) (27.1) (26.9) (4.7) (8.8) (6.7) (2.1) (4.3)  
Cash remuneration (long-term incentive plan)   Year 2019 (9.1) (6.7) (6.7) (1.8) (2.2) (1.5) (0.7) (0.4)  
  Year 2018 (1.1) (1.3) (1.6) (0.9) (0.2) (0.2) 0.4  
Other   Year 2019 (5.3) (4.4) (4.4) (4.4)  
    Year 2018 (10.0) (2.1) (1.1) (1.0) (1.0) (1.1)  
By-product credits   Year 2019 168.5 168.5 168.2 0.3 2.1 1.6 0.1 0.4 165.1  
    Year 2018 171.4 171.4 171.2 0.3 1.0 0.7 0.2 0.2 169.2  
Rehabilitation amortisation and interest   Year 2019 (20.3) (20.1) (19.7) (0.2) (6.0) (4.2) (1.4) (0.4) (5.8)  
    Year 2018 (18.1) (18.1) (17.9) (0.2) (7.0) (5.5) (1.3) (0.2) (3.7)  
Sustaining capital expenditure   Year 2019 (494.7) (492.2) (472.6) (33.1) (150.9) (125.5) (5.8) (19.6)# (56.3)  
    Year 2018 (531.5) (529.6) (521.6) (40.0) (177.6) (156.1) (13.5) (7.9) (33.2)  
Lease payments   Year 2019 (65.7) (57.0) (48.4) (0.1) (31.4) (15.4) (7.3) (8.7) (1.0)  
    Year 2018 (2.3) (2.3) (2.3) (0.9)  
All-in sustaining costs   Year 2019 (2,050.0) (2,024.7) (1,900.2) (279.7) (790.5) (497.2) (168.6) (124.5) (75.4)  
    Year 2018 (1,908.9) (1,889.6) (1,840.3) (319.4) (695.0) (498.9) (147.0) (49.1) (39.8)  
Exploration, feasibility and evaluation costs   Year 2019 (54.2) (4.2) (4.2) (4.2)  
    Year 2018 (78.2) (0.4) (0.4) (0.4) (0.4)  
Non-sustaining capital expenditure   Year 2019 (144.6) (77.7) (70.5) (77.7) (70.5) (7.2)  
    Year 2018 (295.3) (148.2) (143.3) (18.3) (129.9) (125.0) (4.9)  
                         
Total all-in cost   Year 2019 (2,248.9) (2,106.6) (1,970.7) (279.7) (872.4) (497.2) (239.0) (136.0) (75.4)  
Year 2018 (2,282.3) (2,038.1) (1,983.9) (337.7) (825.3) (498.9) (272.3) (54.0) (39.8)  
Total all-in sustaining cost   Year 2019 (2,050.0) (2,024.7) (1,900.2) (279.7) (790.5) (497.2) (168.6) (124.5) (75.4)  
    Year 2018 (1,908.9) (1,889.6) (1,840.3) (319.4) (695.0) (498.9) (147.0) (49.1) (39.8)  
Gold only ounces sold – (000 ounces)   Year 2019 2,112.6 2,112.6 2,000.6 222.1 839.4 519.1 208.4 112.0 159.7  
    Year 2018 1,946.4 1,946.4 1,900.5 167.8 751.6 524.9 180.8 45.9 141.0  
AISC per ounce of gold sold US$/oz   Year 2019 970 958 950 1,259 942 958 809 1,112 472  
    Year 2018 981 971 968 1,903 926 951 813 1,069 282  
Total all-in cost   Year 2019 (2,248.9) (2,106.6) (1,970.7) (279.7) (872.4) (497.2) (239.0) (136.0) (75.4)  
Year 2018 (2,282.3) (2,038.1) (1,983.9) (337.7) (825.3) (498.9) (272.3) (54.0) (39.8)
Gold only ounces sold – (000 ounces)   Year 2019 2,112.6 2,112.6 2,000.6 222.1 839.4 519.1 208.4 112.0 159.7  
    Year 2018 1,946.4 1,946.4 1,900.5 167.8 751.6 524.9 180.8 45.9 141.0  
AIC per ounce of gold sold US$/oz   Year 2019 1,064 997 985 1,259 1,039 958 1,147 1,214 472  
    Year 2018 1,173     1,047     1,044     2,012     1,098 951 1,506 1,175     282  

# Includes Gold Fields 45% share of deferred stripping of US$15.3m (100% basis US$34.0m) for the year ended 31 December 2019.