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Interest in Joint Operation (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure of joint ventures [abstract]  
Summary of share of joint operation and includes inter-company transactions and balances The following summarises the consideration and the cost of the Windfall joint venture:
United States
Dollar
Canadian
Dollar
United States
Dollar
Canadian
Dollar
Figures in millions unless otherwise stated
25 Oct 2024
25 Oct 2024
31 Dec 2023
31 Dec 2023
Carrying value at 1 January
538.6
713.6
Initial recognition
Cash considerations
Purchase of equity-accounted investee
247.1
333.8
(a)
C$300.0 million cash payment
221.5
300.0
(b)
Pre-closing paid amounts
C$16.9 million
12.8
16.9
C$16.9 million
12.8
16.9
Contingent and exploration considerations
(c)
C$300.0 million contingent consideration
190.8
258.4
(d)
C$75.0 million exploration consideration
39.1
52.9
Subsequent measurement
Cash considerations
(e)
Capital contributions
65.3
89.0
69.1
93.0
Contingent and exploration considerations
(c)
C$300.0 million contingent consideration – net
change in fair value1
8.0
10.9
7.3
9.9
(d)
C$75.0 million exploration consideration – unwinding
of discount rate1
4.8
6.6
2.9
3.9
Share of loss
(47.5)
(64.9)
(28.4)
(38.3)
Derecognition of 50% exploration consideration2
(22.8)
(31.7)
Derecognition of Windfall Project joint venture2
(519.3)
(723.5)
Translation adjustment
(27.1)
10.7
Carrying value at the end of the year
538.6
713.6
1The movements were recognised as part of the equity investment.
2Derecognised at 25 October 2024, the acquisition  date of the transaction.
Below is a summary of Gold Fields’ share of the joint operation and includes inter-company transactions and balances:
2024
2023
Figures in millions unless otherwise stated
US$
A$
US$
A$
Statement of financial position
Non-current assets
473.5
764.0
507.0
744.4
Property, plant and equipment
473.5
764.0
507.0
744.4
Current assets
68.2
110.1
70.3
103.2
Cash and cash equivalents
20.6
33.3
19.8
29.1
Inventories
38.5
62.1
47.2
69.3
Other receivables
9.1
14.7
3.3
4.8
Total assets
541.7
874.1
577.3
847.6
Total equity
Retained earnings
244.8
395.1
168.5
247.4
Non-current liabilities
150.6
243.0
162.9
239.2
Deferred taxation
63.0
101.6
60.4
88.7
Finance lease liabilities
65.0
104.9
77.6
114.0
Environmental rehabilitation costs
20.9
33.7
22.2
32.6
Long-term incentive plan
1.7
2.8
2.7
3.9
Current liabilities
146.3
236.0
245.9
361.0
Related entity loans payable
105.7
170.5
209.6
307.6
Trade and other payables
32.3
52.1
27.2
40.0
Current portion of finance lease liabilities
8.3
13.4
9.1
13.4
Total equity and liabilities
541.7
874.1
577.3
847.6