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Reviewed Results | Year ended 31 December 2021

Operating results All-in costs (Unreviewed)

 

World Gold Council Industry Standard

      United States Dollars 
      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 and amortisation and depreciation  Year 2021  (1,899.4) (1,899.4) (1,784.4)   (312.2)   (676.7)   (339.7)   (222.0)   (115.0)    (190.0)
Year 2020  (1,661.9) (1,661.9) (1,554.7)   (227.2)   (634.7)   (294.5)   (233.1)   (107.1)    (158.3)
Gold inventory change  Year 2021  127.4  127.4  122.8    7.3  106.0  29.6  71.9    4.6   14.4 
Year 2020  78.5    78.5    65.5  (1.8) 71.8  (2.4) 61.2  13.0     3.9 
Royalties  Year 2021  (121.0) (121.0) (112.4) (2.6) (64.4) (37.5) (18.3) (8.6)  (8.0)
Year 2020  (114.4) (114.4) (105.0) (2.0) (62.5) (37.1) (16.0) (9.4)  (5.6)
Realised gains/(losses) on
commodity cost hedges 
Year 2021  0.9    0.9    0.9    —    0.3    0.2    —    —     — 
Year 2020    (10.2) (10.2) (10.2)   —  (6.8) (4.7) (2.1)   —     — 
Community/social
responsibility costs 
Year 2021    (18.1) (18.1) (18.1) (3.5) (9.5) (6.7) (2.8)   —   (5.1)
Year 2020    (12.4) (12.4) (12.4) (0.7) (7.9) (5.9) (2.0)   —   (3.9)
Non-cash remuneration –
share-based payments 
Year 2021    (12.6) (5.9) (5.9) (0.3) (2.2) (2.1) (0.1)   —   (1.5)
Year 2020    (14.3) (6.6) (6.6)   0.6  (2.8) (2.9)   —    —   (1.5)
Cash remuneration
(long-term incentive plan)
Year 2021    (27.9) (24.2) (24.2) (3.4) (8.6) (6.6) (2.0)   —   (1.0)
Year 2020    (49.2) (41.7) (41.7) (6.1) (12.7) (8.8) (3.9)   —   (5.3)
Other  Year 2021    (18.6) —  —    —    —    —    —    —     — 
Year 2020  (1.0) (1.0) (1.0)   —  (1.0)   —  (1.0)   —     — 
By-product credits  Year 2021  237.3  237.3  237.0    0.7    2.0    1.5    0.2    0.3   232.3 
Year 2020  148.3  148.3  147.9    0.6    1.8    1.3    0.1    0.4   144.1 
Rehabilitation amortisation
and interest 
Year 2021    (21.9) (21.9) (21.4)   —  (8.0) (5.1) (2.4) (0.5)  (8.0)
Year 2020    (24.6) (24.6) (24.4) (0.1) (8.6) (6.2) (2.1) (0.2)  (6.7)
Sustaining capital expenditure  Year 2021  (589.1) (588.4) (575.4) (68.9)   (239.4)   (209.0) (17.4) (13.0)# (27.6)
Year 2020  (422.0) (420.9) (408.0) (43.9)   (174.0)   (147.2) (13.8) (12.9)# (23.6)
Lease payments  Year 2021    (99.5) (97.2) (90.4) (0.1) (42.3) (24.3) (11.1) (6.8)  (1.6)
Year 2020    (91.8) (89.9) (84.0) (0.1) (44.4) (26.5) (11.9) (5.9)  (1.1)
Exploration, feasibility
and evaluation costs 
Year 2021  (3.0) (3.0) (3.0)   —  (3.0) (3.0)   —    —     — 
Year 2020    —  —  —    —    —    —    —    —     — 
All-in sustaining costs  Year 2021  (2,445.6) (2,413.7) (2,274.6)   (383.2)   (945.9)   (602.7)   (204.1)   (139.1)    3.8 
Year 2020  (2,175.0) (2,156.8) (2,034.6)   (280.7)   (881.9)   (535.0)   (224.7)   (122.2)  (58.1)
Realised gains/losses on capital cost hedges  Year 2021  32.9  —  —    —    —    —    —    —     — 
Year 2020  5.2  —  —    —    —    —    —    —     — 
Non-cash remuneration –
share-based payments 
Year 2021  (0.1) —  —    —    —    —    —    —     — 
Year 2020  (0.2) —  —    —    —    —    —    —     — 
Cash remuneration (long-term incentive plan) Year 2021  (0.6) —  —    —    —    —    —    —     — 
Year 2020  (2.1) —  —    —    —    —    —    —     — 
Other  Year 2021  (3.6) —  —    —    —    —    —    —     — 
Year 2020    —  —  —    —    —    —    —    —     — 
Lease payments  Year 2021  (5.2) —  —    —    —    —    —    —     — 
Year 2020  (0.9) —  —    —    —    —    —    —     — 
Exploration, feasibility
and evaluation costs 
Year 2021    (41.3) (13.2) (8.2)   —  (11.6)   —  (6.6) (5.0)  (1.6)
Year 2020    (36.8) (5.4) (1.4)   —  (3.9)   —    —  (3.9)  (1.4)
Non-sustaining capital
expenditure 
Year 2021  (520.1) (145.1) (137.7) (20.4) (13.5)   —  (6.0) (7.5)  (28.1)
Year 2020  (192.9) (96.2) (77.9) (5.2) (24.3)   —  (6.1) (18.2)  (26.3)
Total all-in cost  Year 2021  (2,983.6) (2,572.0) (2,420.4)   (403.6)   (971.0)   (602.7)   (216.7)   (151.6)  (25.9)
Year 2020  (2,402.7) (2,258.4) (2,114.0)   (285.9)   (910.1)   (535.0)   (230.8)   (144.4)  (85.9)
Total all-in sustaining cost  Year 2021  (2,445.6) (2,413.7) (2,274.6)   (383.2)   (945.9)   (602.7)   (204.1)   (139.1)    3.8 
Year 2020  (2,175.0) (2,156.8) (2,034.6)   (280.7)   (881.9)   (535.0)   (224.7)   (122.2)  (58.1)
Gold only ounces sold
– (000 ounces)
Year 2021    2,300.8    2,300.8    2,203.6  292.6  873.3  521.7  254.4  97.2   113.0 
Year 2020    2,226.4    2,226.4    2,116.7  226.9  858.9  526.3  223.0  109.7   120.2 
AISC per ounce of gold sold
US$/oz 
Year 2021  1,063  1,049  1,032  1,310  1,083  1,155    802  1,431     (34)
Year 2020    977  969  961  1,237  1,027  1,017  1,008  1,114     484 
Total all-in cost  Year 2021  (2,983.6) (2,572.0) (2,420.4)   (403.6)   (971.0)   (602.7)   (216.7)   (151.6)  (25.9)
Year 2020  (2,402.7) (2,258.4) (2,114.0)   (285.9)   (910.1)   (535.0)   (230.8)   (144.4)     (85.9)
Gold only ounces sold
– (000 ounces)
Year 2021    2,300.8    2,300.8    2,203.6  292.6  873.3  521.7  254.4  97.2   113.0 
Year 2020    2,226.4    2,226.4    2,116.7  226.9  858.9  526.3  223.0  109.7   120.2 
AIC per ounce of gold sold
US$/oz 
Year 2021  1,297  1,118  1,098  1,379  1,112  1,155    852  1,559     230 
Year 2020  1,079  1,014  999  1,260  1,060  1,017  1,035  1,316     715 
# Includes Gold Fields 45% share of deferred stripping of US$4.2m (100% basis US$9.4m) and US$6.7m (100% basis US$14.8m) for the year ended 31 December 2021 and 31 December 2020, respectively.
      United States Dollars
Figures in millions unless otherwise stated     Australia
Region
Corporate
and
projects
Australia
Total  St Ives  Agnew  Granny 
Smith 
Gruyere 
50% 
Cost of sales before gold inventory change and amortisation
and depreciation 
Year 2021    (720.5)   (268.4)   (168.2)   (191.3)   (92.5) — 
Year 2020    (641.6)   (240.7)   (157.3)   (170.2)   (73.4) — 
Gold inventory change  Year 2021  (0.3) (5.1) (4.3) (2.1) 11.3  — 
Year 2020    4.5    6.6  (5.4)   3.1    0.3  — 
Royalties  Year 2021    (46.0)   (17.7)   (10.0)   (12.8) (5.6) — 
Year 2020    (44.3)   (17.1)   (10.1)   (11.5) (5.5) — 
Realised gains/losses on commodity cost hedges  Year 2021    0.6    0.3    0.1    0.2  —  — 
Year 2020  (3.4) (1.6) (1.1) (0.7) —  — 
Community/social
responsibility costs 
Year 2021  —  —  —  —  —  — 
Year 2020  —  —  —  —  —  — 
Non-cash remuneration – share-based payments  Year 2021  (1.8) (0.6) (0.5) (0.5) (0.2) (6.6)
Year 2020  (2.8) (0.8) (0.6) (0.8) (0.6) (7.8)
Cash remuneration (long-term incentive plan) Year 2021    (11.2) (3.6) (2.4) (3.4) (1.8) (3.7)
Year 2020    (17.6) (6.4) (4.5) (5.0) (1.7) (7.5)
Other  Year 2021  —  —  —  —  —    (18.6)
Year 2020  —  —  —  —  —  — 
By-product credits  Year 2021    2.4    1.1    0.4    0.2    0.6  — 
Year 2020    1.8    0.9    0.3    0.2    0.4  — 
Rehabilitation amortisation
and interest 
Year 2021  (5.9) (1.8) (1.0) (1.4) (1.6) — 
Year 2020  (9.1) (3.6) (1.7) (2.1) (1.6) — 
Sustaining capital expenditure  Year 2021    (252.5)   (89.7)   (56.3)   (64.3)   (42.2) (0.7)
Year 2020    (179.5)   (61.9)   (43.5)   (47.3)   (26.8) (1.1)
Lease payments  Year 2021    (53.1) (7.8)   (17.4)   (17.6)   (10.4) (2.3)
Year 2020    (44.3) (7.5)   (13.6)   (14.3) (8.9) (1.9)
Exploration, feasibility
and evaluation costs 
Year 2021  —  —  —  —  —  — 
Year 2020  —  —  —  —  —  — 
All-in sustaining costs  Year 2021  (1,088.3)   (393.3)   (259.4)   (293.1)   (142.5)   (31.9)
Year 2020    (936.2)   (332.1)   (237.4)   (248.7)   (117.9)   (18.2)
Realised gains/losses on capital cost hedges  Year 2021  —  —  —  —  —  32.9 
Year 2020  —  —  —  —  —    5.2 
Non-cash remuneration – share-based payments  Year 2021  —  —  —  —  —  (0.1)
Year 2020  —  —  —  —  —  (0.2)
Cash remuneration (long-term incentive plan) Year 2021  —  —  —  —  —  (0.6)
Year 2020  —  —  —  —  —  (2.1)
Other  Year 2021  —  —  —  —  —  (3.6)
Year 2020  —  —  —  —  —  — 
Lease payments  Year 2021  —  —  —  —  —  (5.2)
Year 2020  —  —  —  —  —  (0.9)
Exploration, feasibility and evaluation costs  Year 2021  —  —  —  —  —    (28.1)
Year 2020  —  —  —  —  —    (31.4)
Non-sustaining capital expenditure  Year 2021    (83.1)   (13.6)   (31.9)   (36.1) (1.5)   (374.9)
Year 2020    (40.3)   (11.5) (8.5)   (19.1) (1.2)   (96.7)
Total all-in cost  Year 2021  (1,171.5)   (406.9)   (291.3)   (329.2)   (144.0)   (411.6)
Year 2020    (976.5)   (343.6)   (245.9)   (267.9)   (119.1)   (144.3)
Total all-in sustaining cost  Year 2021  (1,088.3)   (393.3)   (259.4)   (293.1)   (142.5)   (31.9)
Year 2020    (936.2)   (332.1)   (237.4)   (248.7)   (117.9)   (18.2)
Gold only ounces sold – (000 ounces) Year 2021  1,021.9  391.1  222.8  283.6  124.4  — 
Year 2020  1,020.5  393.8  233.5  265.2  128.0  — 
AISC per ounce of gold sold US$/oz  Year 2021  1,065  1,006  1,164  1,033  1,146  — 
Year 2020  917  843  1,017  938  921  — 
Total all-in cost  Year 2021  (1,171.5)   (406.9)   (291.3)   (329.2)   (144.0)   (411.6)
Year 2020    (976.5)   (343.6)   (245.9)   (267.9)   (119.1)   (144.3)
Gold only ounces sold – (000 ounces) Year 2021  1,021.9  391.1  222.8  283.6  124.4  — 
Year 2020  1,020.5  393.8  233.5  265.2  128.0  — 
AIC per ounce of gold sold US$/oz  Year 2021  1,146  1,040  1,308  1,161  1,158  — 
Year 2020  957  873  1,053  1,010  931  —