Our performance in 2020
HOW WE CREATE AND SHARE VALUE
Highlights
PEOPLE
Average number of employees
36,952
$497 million
paid to employees as salaries and wages
$11 million
spent on training and development
* Refer to report assurance for further explanation
HEALTH AND SAFETY
Year-on-year all injury frequency rate (AIFR)* reduction
28%
Year-on-year in all occupational disease frequency rate (AOFDR)* reduction
47%HUMAN RIGHTS
0human rights violations recorded
LOCAL SPEND
82% proportionof spend on local suppliers
ENVIRONMENT
1.51
Environment incident rate per million tonnes mined
48%
reduction in absolute carbon emissions since 2007
ECONOMIC VALUE GENERATED
US dollar million | 2020 | 2019 |
---|---|---|
Gold sales and by-product income(1) | 4,836 | 4,080 |
Interest received | 30 | 20 |
Royalties received | – | 3 |
Profit / Loss from sale of assets | 2 | 1 |
Income from investments | 261 | 139 |
Other Income | 5 | 16 |
Total | 5,134 | 4,259 |
(1) Gold income increased by 19% due to a higher gold price received for the year 2020.
Economic value distributed ($m)(1)
2020 | 2019 | Contributing to the SDGs | ||
---|---|---|---|---|
Employees | 508 | 591 |
| |
Salaries and wages | 497 | 579 | ||
Training and development | 11 | 12 | ||
Government | 1,055 | 736 |
| |
Current taxation (2) | 562 | 298 | ||
Royalties (3) | 175 | 131 | ||
Employee taxes (3) | 209 | 221 | ||
Production, property and other taxes (3) | 109 | 86 | ||
Community(4) | 22 | 26 |
| |
Suppliers and services (5) | 1,664 | 1,755 |
| |
Providers of capital | 221 | 208 |
| |
Finance costs and unwinding | 183 | 181 | ||
Dividends | 38 | 27 | ||
Total | 3,470 | 3,316 |
- (1) Economic distribution providing human, financial, social, natural and manufactured capital, guided by business objectives and material issues identified through the operating process to ensure sustainable long-term value retention for stakeholders, underpinned by our key behavioural programme operational excellence, implemented at every step of the business from exploration through the entire chain to divestment / disposal
- (2) Current taxation includes normal taxation and withholding taxation on dividends paid per jurisdiction in which the group operates
- (3) Employee, production, property and other taxes and royalties are reported on a cash basis and exclude equity accounted joint ventures
- (4) Community and social investments exclude expenditure by equity accounted joint ventures
- (5) Suppliers and services excludes capital expenditure