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Capital Management (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure of financial assets [abstract]

Summary of reconciliation of net operating profit


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

Total borrowings			24			1,078.1			1,526.9
Add: Lease liability						415.5			429.0
Less: Cash and cash equivalents			21			524.7			886.8
Net debt						968.9			1,069.1
Adjusted EBITDA						2,393.6			1,910.2
Net debt to adjusted EBITDA ratio						0.40			0.56
Reconciliation of profit for the year to adjusted EBITDA:
Profit for the year						829.5			745.4
Mining and income taxation						424.9			432.5
Royalties						112.4			105.0
Finance expense						100.9			126.7
Investment income						(8.3)			(8.7)
Loss on financial instruments						100.4			238.9
Foreign exchange loss/(gain)						1.9			(8.6)
Amortisation and depreciation			2			713.2			661.3
Share-based payments						12.7			14.5
Long-term incentive plan						28.5			51.3
Restructuring costs						1.3			2.0
Silicosis settlement costs						(0.7)			0.3
Impairment, net of reversal of impairment of investments and assets						42.4			(50.6)
(Profit)/loss on disposal of assets						(8.5)			0.2
Share of results of equity accounted investees, net of taxation						32.0			2.6
Rehabilitation expense			8			10.8			1.5
Realised loss on derivative contracts						(43.4)			(416.6)
Ghana expected credit loss						41.1			29.0
Salares VAT						—			(23.9)
Other						2.5			7.4
Adjusted EBITDA						2,393.6			1,910.2