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Capital Management (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of financial assets [abstract]

Summary of reconciliation of net operating profit


						United States Dollar
Figures in millions unless otherwise stated			Notes			2022			2021

Total borrowings			24			1,079.3			1,078.1
Add: Lease liability						394.2			415.5
Less: Cash and cash equivalents			21			769.4			524.7
Net debt						704.1			968.9
Adjusted EBITDA						2,440.1			2,393.6
Net debt to adjusted EBITDA ratio						0.29			0.40
Adjusted EBITDA to net finance charges ratio						25.1			22.8
Reconciliation of profit for the year to adjusted EBITDA:
Profit for the year						721.7			829.5
Mining and income taxation						442.1			424.9
Royalties						110.4			112.4
Finance expense						72.5			100.9
Investment income						(13.3)			(8.3)
(Gain)/loss on financial instruments						(24.0)			100.4
Foreign exchange (gain)/loss						(6.7)			1.9
Amortisation and depreciation			2			844.3			713.2
Share-based payments						6.9			12.7
Long-term incentive plan						29.0			28.5
Restructuring costs			8			11.3			1.3
Silicosis settlement costs						(2.2)			(0.7)
Impairment, net of reversal of impairment of investments and assets						505.0			42.4
Profit on disposal of assets						(10.4)			(8.5)
Share of results of equity accounted investees, net of taxation						(10.1)			32.0
Yamana break fee			8			(300.0)			—
Yamana transaction costs			8			33.0			—
Rehabilitation expense			8			(8.9)			10.8
Realised gain/(loss) on derivative contracts			38			22.2			(43.4)
Ghana expected credit loss			13.1			17.5			41.1
Other						(0.2)			2.5
Adjusted EBITDA						2,440.1			2,393.6