Gold Fields

Key Statistics

             United States Dollars              
             Quarter           Year ended    
Figures in millions unless otherwise stated      December 
2020
 
   September 
2020 
   December 
2019 
   December 
2020
 
   December 
2019 
  
Gold produced*  oz (000)    593     557     590     2,236     2,195    
Tonnes milled/treated  000     10,700     10,433     10,519     42,706     38,342    
Revenue (excluding Asanko) US$/oz     1,866     1,921     1,482     1,768     1,388    
Cost of sales before gold inventory change and amortisation and depreciation (excluding Asanko) US$/tonne     40     41     39     39     41    
All-in sustaining costs#  US$/oz     971     964     864     977     897    
Total all-in cost#  US$/oz     1,113     1,070     974     1,079     1,064    
Net debt  US$m     1,069     1,159     1,664     1,069     1,664    
Net debt (excluding lease liabilities) US$m     640     796     1,331     640     1,331    
Net debt to EBITDA ratio      0.56     0.68     1.29     0.56     1.29    
Cash flow from operating activities less net capital expenditure, environmental payments, lease payments and redemption of Asanko preference shares  US$m                 631     249    
Profit attributable to owners of the parent  US$m                 723.0     161.6    
Profit per share attributable to owners of the parent  US c.p.s.                 82     20    
Headline earnings attributable to owners of the parent  US$m                 729.3     162.7    
Headline earnings per share attributable to owners of the parent  US c.p.s.                 83     20    
Normalised profit attributable to owners of the parent  US$m                 878.8     343.4    
Normalised profit per share attributable to owners of the parent  US c.p.s.                 100     42    
* Gold produced in this table is attributable and includes Gold Fields share of 45% in Asanko.
# Refer to segmental operating and financial results.

At 31 December 2020, all operations are wholly owned except for Tarkwa and Damang in Ghana (90.0%), South Deep in South Africa (96.67%), Cerro Corona in Peru (99.5%), Gruyere JV (50%) and Asanko JV (45% equity share).

Gold produced (and sold) throughout this report includes copper gold equivalents of approximately 7% of Group production.

Figures may not add as they are rounded independently.

Pro forma financial information

This media release contains certain non-IFRS financial measures in respect of the Group's financial performance, the statement of financial position and cash flows presented in order to provide users with relevant information and measures used by the Group to assess performance. Non-IFRS financial measures are financial measures other than those defined or specified under all relevant accounting standards. To the extent that these measures are not extracted from the segment disclosure included in the reviewed condensed consolidated financial statements of Gold Fields Limited for the year ended 31 December 2020, these measures constitute pro-forma financial information in terms of the JSE Listings Requirements and are the responsibility of the Group's Board of Directors. They are presented for illustrative purposes only and due to their nature, may not fairly present Gold Fields' financial position, changes in equity, results of operations or cash flows. In addition, these measures may not be comparable to similarly titled measures used by other companies.

The key non-IFRS measures used include normalised profit, net debt, adjusted EBITDA, free cash flow margin, cash flow from operating activities less net capital expenditure, environmental payments, lease payments and redemption of Asanko preference shares, all-in sustaining and total all-in costs. The applicable criteria on the basis of which this information has been prepared is set out in the notes accompanying the media release.

This pro-forma financial information has been reported on by the Group's auditors, being PricewaterhouseCoopers Inc. Their unqualified reporting accountant's report thereon is available for inspection at the Company's registered address.

STOCK DATA FOR THE YEAR ENDED DECEMBER 2020

Number of shares in issue   NYSE – (GFI)
– at 31 December 2020   883,333,518 Range – Year   US$4.00 – US$14.54
– average for the year   878,661,474 Average Volume – Year   7,556,679 shares/day
Free float   100 per cent JSE LIMITED – (GFI)
ADR ratio   1:1 Range – Year   ZAR63.97 – ZAR255.69
Bloomberg/Reuters   GFISJ/GFLJ.J Average volume – Year   3,951,270 shares/day