XML 489 R86.htm IDEA: XBRL DOCUMENT v3.24.1
Cash Generated by Operations (Tables)
12 Months Ended
Dec. 31, 2023
Cash flows from (used in) operating activities [abstract]  
Summary of cash generated by operations
United States Dollar
Figures in millions unless otherwise stated
2023
2022
2021
Profit from continuing operations1
745.2
708.7
858.9
Adjusted for non-cash items:
– Mining and income taxation
465.1
442.1
424.9
– Royalties
116.4
110.4
112.4
– Amortisation and depreciation
795.3
844.3
713.2
– Interest expense – environmental rehabilitation
21.8
11.8
8.6
– Non-cash rehabilitation expense/(income)
4.0
(8.9)
10.8
– Interest received – environmental trust funds
(1.2)
(1.1)
(0.8)
– Impairment of investments and assets
156.4
505.0
42.4
– Write-off of exploration and evaluation assets
21.3
– Profit on disposal of assets
(32.4)
(10.4)
(8.5)
– Unrealised (gain)/loss and prior year mark-to-market reversals 
on derivative contracts
(1.8)
53.0
– Fair value gain on Maverix warrants
4.0
– Silicosis settlement costs
(4.1)
(2.2)
(0.7)
– Share-based payments
9.1
6.9
12.7
– Long-term incentive plan expense
55.8
29.0
28.5
– Borrowing costs capitalised
(64.9)
(37.9)
(12.5)
– Share of results of equity-accounted investees, net of taxation
31.3
1.9
1.0
– Ghana expected credit loss
33.2
17.5
41.1
– Net realisable value adjustment to Damang stockpiles
33.8
– Other non-cash items
(7.1)
1.2
1.7
Adjusted for cash items:
– Interest expense
105.1
97.6
103.7
– Interest received
(23.4)
(12.1)
(7.4)
– Payment of long-term incentive plan
(32.0)
(32.4)
(37.3)
– Environmental rehabilitation payments
(14.8)
(10.8)
(23.7)
Total cash generated by operations
2,392.6
2,658.8
2,347.3
1Profit for the year of US$708.7 million in 2022 includes the Yamana break fee of US$300.0 million and Yamana related costs of US$33.0 million.