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Environmental Trust Funds

12 Months Ended

Dec. 31, 2023

Environmental Trust Funds [abstract]


	United States Dollar
Figures in millions unless otherwise stated	2023	2022

Balance at beginning of the year	98.8	88.1
Contributions	10.7	11.1
Interest earned	1.2	1.1
Translation adjustment	(1.1)	(1.5)
Balance at end of the year1	109.6	98.8

1The trust funds consist of term deposits amounting to US$20.7 million (2022: US$20.0 million) in South Africa, as well as secured cash deposits

amounting to US$88.9 million (2022: US$78.8 million) in Ghana.

These funds are intended to fund environmental rehabilitation obligations of the Group’s mines and are not available for general purposes of the

Group. All income earned in these funds is re-invested or spent to meet these obligations. The obligations which these funds are intended to fund are

included in environmental rehabilitation costs under non-current provisions (refer to note 28.1). Refer to note 37 for details on environmental obligation

guarantees.