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Cash Generated by Operations (Tables)

12 Months Ended

Dec. 31, 2021

Cash flows from (used in) operating activities [abstract]

Summary of cash generated by operations


						United States Dollar
			Figures in millions unless otherwise stated			2021						2020						2019

			Profit for the year			829.5						745.4						174.7
			Adjusted for non-cash items:
			– Mining and income taxation			424.9						432.5						175.6
			– Royalties			112.4						105.0						73.7
			– Amortisation and depreciation			713.2						661.3						610.0
			– Interest expense – environmental rehabilitation			8.6						10.7						11.7
			– Non-cash rehabilitation expense/(income)			10.8						1.5						13.4
			– Interest received – environmental trust funds			(0.8)						(0.7)						(0.7)
			– Impairment, net of reversal of impairment of investments and assets			42.4						(50.6)						9.8
			– Write-off of exploration and evaluation assets			21.3						16.9						30.0
			– (Profit)/loss on disposal of assets			(8.5)						0.2						(1.2)
			– Unrealised loss/(gain) and prior year mark-to-market reversals on derivative contracts			53.0						(176.4)						112.6
			– Fair value gain on Maverix warrants			4.0						(1.3)						(4.2)
			– Profit on disposal of Maverix			—						—						(14.6)
			– Silicosis settlement costs			(0.7)						0.3						(1.6)
						12.7						14.5						20.5
			– Long-term incentive plan expense			28.5						51.3						9.1
			– Borrowing costs capitalised			(12.5)						(13.2)						(43.4)
			– Share of results of equity-accounted investees, net of taxation			30.4						1.0						(4.5)
			– Ghana expected credit loss (2020: Tarkwa ECL)			41.1						29.0						—
			– Other non-cash items			1.7						(0.7)						16.6
			Adjusted for cash items:
			– Interest expense			103.7						127.7						132.6
			– Interest received			(7.4)						(7.6)						(6.6)
			– Payment of long-term incentive plan			(37.3)						—						—
			– Environmental rehabilitation payments			(23.7)						(12.9)						(10.7)
			Total cash generated by operations			2,347.3						1,933.9						1,302.8