Cost of Sales

12 Months Ended

Dec. 31, 2024

Analysis of income and expense [abstract]

Cost of sales

Cost of sales

	United States Dollar
Figures in millions unless otherwise stated	2024	2023	2022
Salaries and wages	(405.4)	(399.7)	(397.4)
Consumable stores	(392.2)	(400.8)	(397.4)
Utilities	(168.4)	(150.0)	(141.5)
Mine contractors	(851.5)	(715.9)	(658.0)
Other	(384.8)	(376.0)	(337.2)
Cost of sales before gold inventory change and amortisation and depreciation	(2,202.3)	(2,042.4)	(1,931.5)
Gold inventory change1	(14.0)	90.7	168.1
Cost of sales before amortisation and depreciation	(2,216.3)	(1,951.7)	(1,763.4)
Amortisation and depreciation	(627.4)	(795.3)	(844.3)
Total cost of sales	(2,843.7)	(2,747.0)	(2,607.7)

1 Included in the gold inventory change for 2024 is a net realisable value adjustment to stockpiles of US$3.0 million (2023: US$33.8 million at Damang and 2022: US$nil)

at Cerro Corona.