Gold Fields

STATEMENT OF CASH FLOWS


    United States Dollars
Year ended
 
Figures in millions unless otherwise stated
 
December
2019
(Reviewed)
  December
2018
(Restated)1
 
Cash flows from operating activities   892.7   624.0  
Profit/(loss) before royalties and taxation   424.0   (348.2)  
Amortisation and depreciation   610.0   668.4  
Silicosis payment   (4.6)    
Other non-cash items   143.4   611.4  
South Deep BEE dividend   (1.4)   (1.7)  
Payment of long-term incentive plan     (17.8)  
Change in working capital   (24.6)   (31.9)  
Royalties and taxation paid   (254.1)   (256.2)  
Dividends paid   (47.7)   (55.3)  
Owners of the parent   (45.5)   (45.5)  
Non-controlling interest holders   (2.2)   (9.8)  
Cash flows from investing activities   (446.8)   (886.8)  
Capital expenditure – additions   (612.5)   (814.2)  
Proceeds on disposal of property, plant and equipment   3.7   78.9  
Purchase of investments   (6.5)   (19.3)  
Purchase of Asanko   (20.0)   (165.0)  
Redemption of Asanko Preference shares   10.0    
Proceeds on disposal of Maverix   66.8    
Proceeds on disposal of subsidiary   6.2    
Proceeds on disposal of assets held for sale     40.0  
Proceeds on disposal of investments   112.6   0.5  
Contributions to environmental trust funds   (7.1)   (7.7)  
Cash flows from financing activities   (104.6)   151.6  
Loans received   1,538.0   690.0  
Loans repaid   (1,604.3)   (535.9)  
Payment of lease liabilities   (38.3)   (2.5)  
Net cash inflow/(outflow)   293.6   (166.5)  
Translation adjustment   1.7   (7.6)  
Cash and cash equivalent at beginning of the period   219.7   393.8  
Cash and cash equivalent at end of the year   515.0   219.7  
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   248.5   (121.5)  

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