Salient features for H1 2023 and recent developments
4
• Safety: One fatality and three serious injuries in H1 2023
• ESG: As committed, annual tailings reports (GISTM) for Tarkwa and Cerro Corona released on 3 August
• Operations: 4% YoY decrease in attributable gold-equivalent production
• Financial: Adjusted free cashflow of US$140m, All-in Cost up 3% YoY
• Balance Sheet: US$324m increase in net debt from Dec 2022 driven by initial Windfall payment
(US$222m) and dividends paid (US$215m)
• Net debt/EBITDA of 0.42x
• Dividends declared: Interim dividend declared of R3.25/share (Payout of 35% of normalised earnings)
• Corporate actions: Proposed Tarkwa/Iduapriem JV announced in March, Windfall JV announced and
concluded in May
• Salares Norte: Production remains on track to commence in Q4 2023
• Intention of Paul Schmidt, Executive Director and CFO, to proceed with early retirement

see & read more on
https://www.goldfields.com/reports/q2-2023/pdf/h1-2023-results-presentation.pdf