Deferred Taxation (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of temporary difference, unused tax losses and unused tax credits [abstract]


	United States Dollar
Figures in millions unless otherwise stated	2022	2021

Liabilities
– Mining assets	776.4	899.9
– Right-of-use assets	104.2	124.6
– Investment in environmental trust funds	4.7	4.1
– Inventories	18.9	14.7
– Other	13.1	5.4
Liabilities	917.3	1,048.7
Assets
– Provisions	(107.9)	(131.2)
– Tax losses1	(56.1)	(49.7)
– Unredeemed capital expenditure1	(428.4)	(499.2)
– Lease liabilities	(120.6)	(128.3)
Assets	(713.0)	(808.4)
Net deferred taxation liabilities	204.3	240.3
Included in the statement of financial position as follows:
Deferred taxation assets	(195.5)	(260.6)
Deferred taxation liabilities	399.8	500.9
Net deferred taxation liabilities	204.3	240.3
Balance at beginning of the year	240.3	259.9
Recognised in profit or loss	(33.0)	(27.2)
Recognised in OCI	(0.1)	(2.0)
Translation adjustment	(2.9)	9.6
Balance at end of the year	204.3	240.3

1 Tax losses and unredeemed capital expenditure have been recognised, as disclosed in note 10, to the extent that the tax paying entities will have taxable profits in the foreseeable future (per the life-of-mine models of the respective operations) in order to utilise the unused tax losses and unredeemed capital expenditure before they expire. This was particularly assessed with reference to the South Deep and Damang life-of-mine models.