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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2013

Share-Based Compensation Expense Available for Each Plan

The following information on share-based compensation expense is available for each plan:

		December 31, 2013								December 31, 2012								December 31, 2011
		Continuing operations				Discontinued operations				Continuing operations				Discontinued operations				Continuing operations				Discontinued operations
(a) The Gold Fields Limited 2012 Share Plan
- Performance shares			18.8				1.1				13.1				7.6				—				—
- Bonus shares			11.9				0.8				8.7				5.0				—				—
(b) The Gold Fields Limited 2005 Share Plan
- Performance vesting restricted shares			8.4				2.4				19.9				17.9				28.4				30.4
- Performance allocated share appreciation rights			1.4				0.3				3.8				1.7				5.0				2.6
Total share-based compensation			40.5				4.6				45.5				32.2				33.4				33.0

(a) The Gold Fields Limited 2012 Share Plan: At the annual general meeting on May 14, 2012 shareholders approved the adoption of the Gold Fields Limited 2012 Share Plan to replace the Gold Fields Limited 2005 Share Plan. The plan provides for two methods of participation, namely the Performance Share Method, or PS and the Bonus Share Method, or BS . This plan seeks to attract, retain, motivate and reward participating employees on a basis which seeks to align the interests of such employees with those of the Company’s shareholders.

Assumptions used to Value Options

The Group used the Black Scholes Model to value the SARS under the Gold Fields 2005 Share Plan. The inputs to the model for awards granted during the year, which resulted in incremental share-based compensation were as follows:

		Fiscal Year Ended December 31,				Fiscal Year Ended December 31,				Fiscal Year Ended December 31,
		2013				2012				2011
Weighted average exercise price - Rand			—				—				119.17
Weighted average expected volatility (based on a statistical analysis of the share price on a weighted moving average basis for the expected term of the option)			—				—				46.4	%
Expected term (years)			—				—				5.90
Long-term expected dividend yield			—				—				1.70	%
Weighted average risk free interest rate			—				—				6.90	%
Weighted average fair value - Rand			—				—				51.66

The Group used the Monte-Carlo Simulation to value the PVRS under the Gold Fields 2005 Share Plan and the Gold Fields Limited 2005 Non-executive Share Plan. The inputs to the model for awards granted during the year, which resulted in incremental share-based compensation were as follows:

		Fiscal Year Ended December 31,				Fiscal Year Ended December 31,				Fiscal Year Ended December 31,
		2013				2012				2011
Weighted average expected volatility (based on a statistical analysis of the share price on a weighted moving average basis for the expected term of the option)			—				—				64.1	%
Expected term (years)			—				—				3.0
Historical dividend yield			—				—				1.70	%
Weighted average risk free interest rate (based on U.S. interest rate)			—				—				0.20	%
Weighted average fair value - Rand			—				—				206.27

Details of Performance Vesting Restricted Shares and Share Appreciation Rights Granted under Share Plan

Details of the PVRS and SARS granted under this Plan are as follows:

		Number of PVRS				Number of SARS				Average price
										Rand				$
Outstanding at December 31, 2010			7,650,081				5,270,597				105.53				15.63
Granted during the period			3,165,342				1,638,484				119.17				16.51
Exercised and released			(2,559,552	)			(1,247,317	)			111.06				15.38
Forfeited			(886,759	)			(631,621	)			110.69				15.33
Outstanding at December 31, 2011			7,369,112				5,030,143				107.91				13.27
Exercised and released			(1,798,082	)			(259,455	)			106.36				12.99
Forfeited			(584,814	)			(451,779	)			117.14				14.30
Outstanding at December 31, 2012			4,986,216				4,318,909				107.37				12.53
Spin-off of Sibanye Gold—forfeited			(2,221,264	)			(1,077,878	)			106.58				11.99
Additional awards due to spin-off of Sibanye			538,562				465,346				95.34				10.72
Exercised and released			(1,857,614	)			—				—				—
Forfeited			(214,929	)			(554,649	)			101.83				10.61
Outstanding at December 31, 2013			1,230,971				3,151,728				91.91				8.89

Directors Affected by Gold Fields Management Scheme Modification

The following executive directors were affected by the modification:

December 31, 2012		Number of options				Average instrument price R				Average instrument price $				Contractual life extended by (years)
NJ Holland			49,000				109.66				12.80				0.06
PA Schmidt			43,310				108.67				12.68				0.06

December 31, 2013		Number of options				Average instrument price R				Average instrument price $				Contractual life extended by (years)
NJ Holland			121,428				84.91				8.21				0.16
PA Schmidt			75,082				88.46				8.56				0.17

Summarize Information relating to Options Outstanding

The following tables summarize information relating to the options outstanding at December 31, 2013 and December 31, 2012.

		Outstanding SARS at December 31, 2013
		Price range								Number of options				Contractual life				Weighted average exercise price
		Rand				$								(in years)				Rand				$
Range of prices			60.00 - 84.99				5.80 - 8.22				873,064				2.22				75.81				7.33
			85.00 - 109.99				8.23 - 10.64				1,217,915				0.90				93.10				9.00
			110.00 - 134.99				10.65 - 13.06				1,033,784				3.34				103.36				10.00
			135.00 - 159.99				13.07 - 15.47				26,965				4.01				118.45				11.46
Total											3,151,728				2.09				91.91				8.89

		Outstanding SARS at December 31, 2012
		Price range								Number of options				Contractual life				Weighted average exercise price
		Rand				$								(in years)				Rand				$
Range of prices			60.00 - 84.99				7.00 - 9.92				3,400				1.95				69.48				8.11
			85.00 - 109.99				9.93 - 12.83				2,625,234				2.52				99.45				11.60
			110.00 - 134.99				12.84 - 15.75				1,652,471				3.72				119.65				13.96
			135.00 - 159.99				15.76 - 18.67				37,804				5.01				136.29				15.90
											4,318,909				3.00				107.37				12.53

Options Granted under Gold Fields Management Incentive Scheme

Details of the options granted under the GF Management Incentive Scheme are as follows:

		Number of Options				Average option price
						Rand				$
Outstanding at December 31, 2010			976,533				75.85				11.24
Exercised and released			(614,340	)			72.33				10.02
Forfeited			(50,968	)			118.63				16.43
Outstanding at December 31, 2011			311,225				73.48				9.04
Exercised and released			(204,570	)			68.60				8.38
Forfeited			(31,155	)			73.91				9.02
Outstanding at December 31, 2012			75,500				86.51				10.09
Spin-off of Sibanye Gold-forefeited			(28,100	)			89.69				10.09
Exercised and released			(31,147	)			59.21				6.17
Forfeited			(16,253	)			92.93				9.68
Outstanding at December 31, 2013			—				—				—

Gold Fields Management Scheme Options Outstanding

The following tables summarize information relating to the options outstanding at December 31, 2012:

										Outstanding and exercisable options at December 31, 2012
										Number of options				Contractual life				Weighted average exercise price
		Rand				$								(in years)				Rand				$
Range of prices			60.00 - 84.99				7.00 - 9.92				34,500				0.36				66.07				7.71
			85.00 - 109.99				9.93 - 12.83				21,800				0.53				89.80				10.48
			110.00 - 134.99				12.84 - 15.75				14,000				0.04				111.66				13.03
			135.00 - 159.99				15.76 - 18.67				5,200				0.17				140.66				16.41
Total											75,500				0.33				86.51				10.09

Restricted Shares Granted

Details of the restricted shares granted under this Plan are as follows:

		No. of restricted shares
Outstanding at December 31, 2010			98,878
Exercised and released			(56,978	)
Outstanding at December 31, 2011			41,900
Exercised and released			(29,600	)
Outstanding at December 31, 2012			12,300
Exercised and released			(12,300	)
Outstanding at December 31, 2013			—

Valuation Technique Monte Carlo

Assumptions used to Value Options

The Group uses the Monte-Carlo Simulation to value the Performance Shares. The inputs to the model for awards granted during the period were as follows:

		2013				2012
Weighted average historical volatility (based on a statistical analysis of the share price on a weighted moving average basis for the expected term of the option)			33.1	%			36.4	%
Expected term (years)			3.00				3.00
Dividend yield			4.60	%			1.60	%
Weighted average three year risk free interest rate (based on US interest rates)			0.20	%			0.70	%
Weighted average fair value - Rand			79.83				162.14
A future trading model is used to estimate the loss in value to the holders of Bonus Shares due to trading restrictions. The actual valuation is developed using a Monte-Carlo analysis of the future share price of Gold Fields:
Weighted average historical volatility (based on a statistical analysis of the share price on a weighted moving average basis for the expected term of the option)			32.0	%			29.4	%
Expected term (months)			9 - 18				9 - 18
Dividend yield			4.60	%			2.70	%
Weighted average three year risk free interest rate (based on SA interest rates)			4.10	%			5.50	%
Weighted average fair value - Rand			72.42				115.61

The GF Non Executive Director Share Plan

Details of Performance Shares and Bonus Shares Granted under Share Plan

Details of the Performance shares and Bonus shares granted under this Plan are as follows:

		Number of Performance shares				Number of Bonus shares
Outstanding at December 31, 2011			—				—
Granted during the year			4,511,700				1,368,423
Exercised and released			—				(528,392	)
Forfeited			(249,530	)			(47,655	)
Outstanding at December 31, 2012			4,262,170				792,376
Spin-off of Sibanye Gold - forfeited			(1,562,498	)			(241,023	)
Additional awards due to spin-off of Sibanye			396,229				—
Granted during the year			5,310,968				2,018,771
Exercised and released			(515,025	)			(1,314,156	)
Forfeited			(1,862,128	)			(373,896	)
Outstanding at December 31, 2013			6,029,716				882,072

Details of Gold Fields Non-Executive Director Share Plan

Details of the Plan are as follows:

		Number of Options				Average option price
						Rand				$
Outstanding as of December 31, 2010			36,700				79.37				11.76
Exercised and released			(36,700	)			79.37				10.99
Outstanding as of December 31, 2011, 2012 and 2013			—				—				—

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