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Capital Management (Tables)

12 Months Ended

Dec. 31, 2018

Text block [abstract]

Summary of Reconciliation of Net Operating Profit


						United States Dollar
Figures in millions unless otherwise stated		Notes				2018				2017
Borrowings			24				2,011.6				1,781.5
Less: Cash and cash equivalents			21				399.7				479.0

Net debt							1,611.9				1,302.5
Adjusted EBITDA							1,111.6				1,263.7
Net debt to adjusted EBITDA							1.45				1.03

Reconciliation of (loss)/profit for the year to adjusted EBITDA:
(Loss)/profit for the year (continuing and discontinued operations)							(344.8	)			(7.7	)
Mining and income taxation from continuing operations							(65.9	)			173.2
Mining and income taxation from discontinued operations			12.1				—				(1.4	)
Royalties from continuing operations							62.5				62.0
Royalties from discontinued operations			12.1				—				1.1
Finance expense from continuing operations							88.0				81.3
Investment income from continuing operations							(7.8	)			(5.6	)
Gain on financial instruments from continuing operations							(21.0	)			(34.4	)
Foreign exchange loss from continuing operations							(6.4	)			3.5
Amortisation and depreciation from continuing operations			2				668.4				748.1
Amortisation and depreciation from discontinued operations			12.1				—				3.5
Share-based payments from continuing operations							37.5				26.8
Long-term incentive plan from continuing operations							1.1				5.0
Restructuring costs from continuing operations							113.9				9.2
Silicosis settlement costs from continuing operations							(4.5	)			30.2
Impairment, net of reversal of impairment of investments and assets from continuing operations							520.3				200.2
Profit on disposal of assets from continuing operations							51.6				(4.0	)
Gain on sale of discontinued operation, net of taxation			12.1				—				(16.4	)
Share of results of equity accounted investees, net of taxation							13.1				1.3
Rehabilitation income from continuing operations			7				(0.9	)			(13.5	)
Realised gain on derivative contracts							53.8				—
Gain on acquisition of Asanko			15				(51.8	)			—
Other							4.5				1.3

							1,111.6				1,263.7