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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Gold Fields

GFI · A2X Markets · Incorporated in South Africa · Consolidated statements

On this page
Company details
Legal name
Gold Fields Limited
Incorporated in
South Africa
Listing
GFI on the A2X Markets, active · ISIN ZAE000018123 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 December

Overview

Year ended 31 December 2025 · summary financial statements, final status not established · source

Read with these figures

  • Summary financial statements not confirmed as final. The published copy is not confirmed as the final version. The FY2025 figures come from it.
Full wording and sources

  • Summary financial statements for 2025: final status not established

    Published by the issuer in its Integrated Annual Report 2025. No auditor's report on these statements is printed, and the section does not state that they are audited or where they come from beyond 'Read about our detailed financial performance in our Annual Financial Report' (p72). The Board approved the IAR on 24 March 2026; the approval statement carries the handwritten signature of Yunus Suleman, Chairperson (PDF p4, page image). PwC is named as the external auditor that 'provide[s] an opinion on the financial statements of the Company and the Group' (p11); PwC's assurance report in the IAR covers selected sustainability information only (pp115-117).

    Source: Gold Fields Integrated Annual Report 2025 — Financial performance (consolidated income statement, statement of financial position and statement of cash flows) (dated 2026-03-24)

  • 2025, 2024: figures from a published summary

    These columns come from the issuer's summary financial statements, not its full financial statements; the summary does not state that its source statements were audited. The summary does not state its source. (Section 'Financial performance', pp72-73, which ends 'Read about our detailed financial performance in our Annual Financial Report.') No auditor's report on the summary is printed; the section states nothing about audit and only refers the reader to the Annual Financial Report: 'Read about our detailed financial performance in our Annual Financial Report.' (p72). Elsewhere the IAR says PwC, the external auditors, 'provide an opinion on the financial statements of the Company and the Group' (p11); the only assurance report printed covers selected sustainability information (PwC, pp115-117). Consolidated income statement (p72), statement of financial position and statement of cash flows (p73), condensed lines; no statement of comprehensive income or changes in equity, no accounting policies or notes, no headline earnings. The income statement and cash flows print three years (2025, 2024, 2023); only 2025 and 2024 are transcribed.

    Source: Gold Fields Integrated Annual Report 2025 — Financial performance (consolidated income statement, statement of financial position and statement of cash flows) (dated 2026-03-24)

  • Revenue

    USD 8.75 billion

    8,751.3 USD millions · p72

    +68.2% vs 2024

  • Operating profit / (loss)

    Not reported in this filing

  • Profit / (loss) for the year

    USD 3.65 billion

    3,645.4 USD millions · p72

    +182.5% vs 2024

  • Total assets

    USD 15.2 billion

    15,225.2 USD millions · p73

    +50.1% vs 2024

  • Total equity

    USD 8.67 billion

    8,672.4 USD millions · p73

    +61.6% vs 2024

  • Cash from operations

    USD 3.77 billion

    3,772.2 USD millions · p73

    +134.7% vs 2024

Large amounts are rounded for reading (USD million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in USD millions unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY2025 — summary financial statements (summary), final status not established; reported for the year · source
  • FY2024 — summary financial statements (summary), final status not established; comparative in the FY2025 filing · source
    • 2025, 2024: figures from a published summary. These columns come from the issuer's summary financial statements, not its full financial statements; the summary does not state that its source statements were audited. The summary does not state its source. (Section 'Financial performance', pp72-73, which ends 'Read about our detailed financial performance in our Annual Financial Report.') No auditor's report on the summary is printed; the section states nothing about audit and only refers the reader to the Annual Financial Report: 'Read about our detailed financial performance in our Annual Financial Report.' (p72). Elsewhere the IAR says PwC, the external auditors, 'provide an opinion on the financial statements of the Company and the Group' (p11); the only assurance report printed covers selected sustainability information (PwC, pp115-117). Consolidated income statement (p72), statement of financial position and statement of cash flows (p73), condensed lines; no statement of comprehensive income or changes in equity, no accounting policies or notes, no headline earnings. The income statement and cash flows print three years (2025, 2024, 2023); only 2025 and 2024 are transcribed.

Income statement

Income statement, USD millions. Columns: FY2025 — summary financial statements (final status not established), as reported for the year; FY2024 — summary financial statements (final status not established), comparative reported in the summary financial statements for 2025.
Line (as printed) FY2025Summary financial statements (summary)reported for the yearFY2024Summary financial statements (summary)comparative in FY2025 filingsource limitations
Revenue 8,751.3 5,201.6
Cost of sales (3,680.8) (2,843.7)
Investment income1 53.3 28.7
Finance expense (120.7) (50.4)
Gain on financial instruments, net2 58.1 –3
Foreign exchange gain/(loss) 6.6 (6.6)
Share-based payments4 (25.4) (4.4)
Long-term incentive plan5 (43.2) (14.5)
Exploration expense6 (297.8) (98.4)
Reversal of impairment of assets, net of impairment7 281.3 (3.5)
Other costs, net8 (134.8) (82.1)
Restructuring costs9 (10.3) (6.6)
Ghana expected credit loss10 (66.0) –3
Profit on disposal of asset held for sale – Asanko Gold11 –3 5.6
Profit on disposal of assets held for sale – Rusoro12 –3 62.3
in Gruyere13 808.2 –3
Transaction costs on acquisition of Gold Road14 (51.4) –3
Share of results of equity-accounted investees, net of tax (2.3) (53.6)
Silicosis settlement costs15 (0.7) 0.3
Profit on disposal of assets16 1.1 0.6
Profit before royalties and taxation17 5,526.5 2,135.3
Royalties18 (231.9) (147.7)
Profit before taxation 5,294.6 1,987.6
Mining and income taxation (1,649.2) (697.1)
Profit from continuing operations19 3,645.4 1,290.5
Loss from discontinued operation20 –21 –21
Profit for the year 3,645.4 1,290.5
– Continuing operations22 78.0 45.5
  1. Printed “–”, read as nil: subtotal_arithmetic: is.native.co_25btyft3tmy8.profit_before_royalties_and_tax.
  2. Printed “–”, read as nil: subtotal_arithmetic: is.profit_for_year.
Notes and alternative reported figures (20)
  1. “Investment income”: mapping to a shared definition is uncertain. Printed 'Investment income' (interest and similar income).
  2. “Gain on financial instruments, net” is an issuer-specific line, not mapped to a shared definition: Income statement line.
  3. “Share-based payments” is an issuer-specific line, not mapped to a shared definition: Expense (printed negative).
  4. “Long-term incentive plan” is an issuer-specific line, not mapped to a shared definition: Expense (printed negative).
  5. “Exploration expense” is an issuer-specific line, not mapped to a shared definition: Expense (printed negative).
  6. “Reversal of impairment of assets, net of impairment” is an issuer-specific line, not mapped to a shared definition: Net impairment reversal / (charge).
  7. “Other costs, net” is an issuer-specific line, not mapped to a shared definition: Printed negative.
  8. “Restructuring costs” is an issuer-specific line, not mapped to a shared definition: Printed negative.
  9. “Ghana expected credit loss” is an issuer-specific line, not mapped to a shared definition: Printed negative; nil in 2024.
  10. “Profit on disposal of asset held for sale – Asanko Gold” is an issuer-specific line, not mapped to a shared definition: 2024 only.
  11. “Profit on disposal of assets held for sale – Rusoro” is an issuer-specific line, not mapped to a shared definition: 2024 only.
  12. “in Gruyere” is an issuer-specific line, not mapped to a shared definition: 2025 only.
  13. “Transaction costs on acquisition of Gold Road” is an issuer-specific line, not mapped to a shared definition: 2025 only.
  14. “Silicosis settlement costs” is an issuer-specific line, not mapped to a shared definition: Income statement line.
  15. “Profit on disposal of assets” is an issuer-specific line, not mapped to a shared definition: Income statement line.
  16. “Profit before royalties and taxation” is an issuer-specific line, not mapped to a shared definition: Printed subtotal before royalties.
  17. “Royalties” is an issuer-specific line, not mapped to a shared definition: Mining royalties (printed negative), between the two pre-tax subtotals.
  18. “Profit from continuing operations” is an issuer-specific line, not mapped to a shared definition: After tax, before discontinued operations.
  19. “Loss from discontinued operation” is an issuer-specific line, not mapped to a shared definition: Nil in 2025 and 2024.
  20. “– Continuing operations” is an issuer-specific line, not mapped to a shared definition: Attribution of profit.

Balance sheet

Balance sheet, USD millions. Columns: FY2025 — summary financial statements (final status not established), as reported for the year; FY2024 — summary financial statements (final status not established), comparative reported in the summary financial statements for 2025.
Line (as printed) FY2025Summary financial statements (summary)reported for the yearFY2024Summary financial statements (summary)comparative in FY2025 filingsource limitations
Non-current assets 12,176.8 8,195.1
Property, plant and equipment 11,336.8 7,298.4
Equity accounted investees 2.8 12.6
Investments1 189.6 139.9
Environmental trust funds2 140.9 125.2
Inventories3 373.4 349.8
Deferred taxation 38.2 154.9
Taxation receivable4 73.1 69.7
Asanko deferred and contingent considerations5 22.0 44.6
Current assets 2,970.9 1,926.7
Inventories 782.6 699.3
Trade and other receivables 380.7 337.8
Cash and cash equivalents 1,779.2 860.2
Taxation receivable 0.3 6.1
Current portion of Asanko deferred and contingent considerations6 28.1 23.3
Assets held for sale7 77.5 21.1
Total assets 15,225.2 10,142.9
Equity attributable to owners of the parent 8,432.6 5,201.4
Stated capital 3,844.8 3,871.5
Other reserves (2,089.5) (2,528.1)
Retained earnings 6,677.3 3,858.0
Non-controlling interests 239.8 165.5
Total equity 8,672.4 5,366.9
Non-current liabilities 4,852.9 3,065.6
Deferred taxation 1,401.7 503.8
Borrowings 2,559.5 1,776.5
Provisions8 492.2 402.0
Long-term incentive plan9 20.4 20.0
Lease liabilities 379.1 363.3
Current liabilities 1,699.9 1,710.4
Trade and other payables 908.1 651.1
Royalties payable10 45.3 30.7
Taxation payable 311.5 112.4
Current portion of borrowings 178.7 719.1
Current portion of provisions 108.3 79.2
Current portion of long-term incentive plan11 44.1 31.0
Current portion of lease liabilities 103.9 86.9
Total liabilities 6,552.8 4,776.0
Total equity and liabilities 15,225.2 10,142.9
Notes and alternative reported figures (11)
  1. “Investments” is an issuer-specific line, not mapped to a shared definition: Non-current assets.
  2. “Environmental trust funds” is an issuer-specific line, not mapped to a shared definition: Non-current assets.
  3. “Inventories” is an issuer-specific line, not mapped to a shared definition: Non-current stockpiles.
  4. “Taxation receivable” is an issuer-specific line, not mapped to a shared definition: Non-current assets.
  5. “Asanko deferred and contingent considerations” is an issuer-specific line, not mapped to a shared definition: Non-current assets.
  6. “Current portion of Asanko deferred and contingent considerations” is an issuer-specific line, not mapped to a shared definition: Current assets.
  7. “Assets held for sale” is an issuer-specific line, not mapped to a shared definition: Printed below current assets, outside the current-assets subtotal; part of total assets.
  8. “Provisions” is an issuer-specific line, not mapped to a shared definition: Non-current liabilities (environmental rehabilitation and other).
  9. “Long-term incentive plan” is an issuer-specific line, not mapped to a shared definition: Non-current liabilities.
  10. “Royalties payable” is an issuer-specific line, not mapped to a shared definition: Current liabilities.
  11. “Current portion of long-term incentive plan” is an issuer-specific line, not mapped to a shared definition: Current liabilities.

Cash flow

Cash flow, USD millions. Columns: FY2025 — summary financial statements (final status not established), as reported for the year; FY2024 — summary financial statements (final status not established), comparative reported in the summary financial statements for 2025.
Line (as printed) FY2025Summary financial statements (summary)reported for the yearFY2024Summary financial statements (summary)comparative in FY2025 filingsource limitations
Cash-flows from operating activities 3,772.2 1,607.0
Cash generated by operations1 5,478.8 2,747.3
Interest received 41.2 17.4
Change in working capital2 187.4 13.9
Cash generated by operating activities3 5,707.4 2,778.6
Silicosis payment4 (1.2) (0.4)
Interest paid5 (159.9) (130.4)
Royalties paid6 (222.5) (136.1)
Taxation paid (789.7) (525.5)
Net cash from operations7 4,534.1 1,986.2
Dividends paid8 (761.9) (379.2)
– Owners of the parent (707.1) (350.9)
– Non-controlling interest holders9 (54.1) (27.6)
– South Deep BEE dividend10 (0.7) (0.7)
Cash-flows from investing activities (2,765.8) (2,590.6)
Additions to property, plant and equipment (1,398.5) (1,183.4)
Capital expenditure – working capital11 (23.8) (5.2)
Proceeds on disposal of property, plant and equipment 2.2 2.7
Purchase of investments12 (93.4) (57.6)
Purchase of equity-accounted investee – Windfall Project13 –14 –14
Windfall Project capital contributions15 –14 (65.3)
Purchase of Osisko116 –14 (1,452.5)
Purchase of Gold Road217 (2,124.2) –14
Proceeds on disposal of investments18 882.0 56.6
Proceeds on disposal of Rusoro19 –14 62.3
Proceeds on disposal of Asanko Gold20 –14 65.0
Contributions to environmental trust funds21 (10.1) (13.2)
Cash-flows from financing activities (173.3) 1,212.6
Loans raised 4,085.8 2,291.1
Loans repaid3 (4,119.6) (986.3)
Purchase of treasury shares22 (36.3) –23
Payment of principal lease liabilities (103.2) (92.2)
Net cash generated/(utilised) 833.1 229.0
Effect of exchange rate fluctuation on cash held 85.9 (17.5)
Cash and cash equivalents at beginning of the year 860.2 648.7
Cash and cash equivalents at end of the year 1,779.2 860.2
  1. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
  2. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (21)
  1. “Cash generated by operations”: mapping to a shared definition is uncertain. Printed 'Cash generated by operations', before interest received and the change in working capital (added in the next subtotal).
  2. “Change in working capital” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  3. “Cash generated by operating activities” is an issuer-specific line, not mapped to a shared definition: Subtotal: cash generated by operations plus interest received and change in working capital.
  4. “Silicosis payment” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  5. “Interest paid”: mapping to a shared definition is uncertain. Printed 'Interest paid', one line; not split between borrowings and leases.
  6. “Royalties paid” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  7. “Net cash from operations” is an issuer-specific line, not mapped to a shared definition: Subtotal before dividends paid; dividends are deducted within operating cash flows.
  8. “Dividends paid” is an issuer-specific line, not mapped to a shared definition: Total dividends paid, within operating activities (owners, NCI holders, South Deep BEE).
  9. “– Non-controlling interest holders” is an issuer-specific line, not mapped to a shared definition: Part of dividends paid.
  10. “– South Deep BEE dividend” is an issuer-specific line, not mapped to a shared definition: Part of dividends paid.
  11. “Capital expenditure – working capital” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  12. “Purchase of investments” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  13. “Purchase of equity-accounted investee – Windfall Project” is an issuer-specific line, not mapped to a shared definition: Investing activities; 2023 only.
  14. “Windfall Project capital contributions” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  15. “Purchase of Osisko1” is an issuer-specific line, not mapped to a shared definition: Investing activities; 2024 (footnote 1).
  16. “Purchase of Gold Road2” is an issuer-specific line, not mapped to a shared definition: Investing activities; 2025 (footnote 2).
  17. “Proceeds on disposal of investments” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  18. “Proceeds on disposal of Rusoro” is an issuer-specific line, not mapped to a shared definition: Investing activities; 2024.
  19. “Proceeds on disposal of Asanko Gold” is an issuer-specific line, not mapped to a shared definition: Investing activities; 2024.
  20. “Contributions to environmental trust funds” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  21. “Purchase of treasury shares” is an issuer-specific line, not mapped to a shared definition: Financing activities.

Per share and shares

Per share and shares. Columns: FY2025 — summary financial statements (final status not established), as reported for the year; FY2024 — summary financial statements (final status not established), comparative reported in the summary financial statements for 2025.
Line (as printed) FY2025Summary financial statements (summary)reported for the yearFY2024Summary financial statements (summary)comparative in FY2025 filingsource limitations
Earnings / (loss) per share (per share)41 3.992 1.393
Profit / (loss) attributable to shareholders (USD millions)5 3,567.4 1,245.0
  1. Printed as 399 cents; value converted to USD at 100 cents = 1 USD.
  2. Printed as 139 cents; value converted to USD at 100 cents = 1 USD.
Notes and alternative reported figures (3)
  1. “Basic earnings per share – cents”: mapping to a shared definition is uncertain. Basic EPS in US cents; diluted EPS is printed separately and differs (native eps_diluted).
  2. Earnings / (loss) per share: printed as “Basic earnings per share – cents”.
  3. Profit / (loss) attributable to shareholders: printed as “Owners of the parent”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Dec 2025 Dividends paid (cash flow statement) – Owners of the parent (707.1) USD millions Summary financial statements, p73
31 Dec 2024 Dividends paid (cash flow statement) – Owners of the parent (350.9) USD millions Summary financial statements, p73

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • Gold Fields Integrated Annual Report 2025 — Financial performance (consolidated income statement, statement of financial position and statement of cash flows)

    Year ended 31 December 2025 · Summary financial statements (summary) · final status not established

    Audit: PricewaterhouseCoopers Inc. (PwC) (named); no auditor's opinion on the full statements in this document

    Final status: Published by the issuer in its Integrated Annual Report 2025. No auditor's report on these statements is printed, and the section does not state that they are audited or where they come from beyond 'Read about our detailed financial performance in our Annual Financial Report' (p72). The Board approved the IAR on 24 March 2026; the approval statement carries the handwritten signature of Yunus Suleman, Chairperson (PDF p4, page image). PwC is named as the external auditor that 'provide[s] an opinion on the financial statements of the Company and the Group' (p11); PwC's assurance report in the IAR covers selected sustainability information only (pp115-117).

    Document date
    24 Mar 2026
    Auditor's report
    date not recorded
    Board approval
    24 Mar 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    consolidated statements · USD millions (printed “United States Dollar, Figures in millions unless otherwise stated”)
    • Directory name 'Gold Fields Ltd' (A2X listing GFI); the report prints 'Gold Fields Limited ... Registration number 1968/004880/06 ... Share code: GFI ... ISIN: ZAE000018123' (p128), the same ISIN as the directory listing.
    • Reported in United States dollars (figures in millions), not the listing country's rand. Basic EPS 399 US cents (2024: 139) and diluted 394 (2024: 138) are printed separately (p72); basic is mapped to eps_basic_diluted as ambiguous, diluted to a native per-share concept. Dividends paid (761.9) are deducted within 'Cash-flows from operating activities' (p73).
    • No auditor's report on the summary is printed; the section states nothing about audit and only refers the reader to the Annual Financial Report: 'Read about our detailed financial performance in our Annual Financial Report.' (p72). Elsewhere the IAR says PwC, the external auditors, 'provide an opinion on the financial statements of the Company and the Group' (p11); the only assurance report printed covers selected sustainability information (PwC, pp115-117).
    • Consolidated income statement (p72), statement of financial position and statement of cash flows (p73), condensed lines; no statement of comprehensive income or changes in equity, no accounting policies or notes, no headline earnings. The income statement and cash flows print three years (2025, 2024, 2023); only 2025 and 2024 are transcribed.
    Technical details
    File
    129 pages, with a text layer
    SHA-256
    fc2990d12e7658a8382ddd09dd3713f1925b368e849e9410f2090d2e8f1453e8
    Entity as printed
    Gold Fields Limited, Incorporated in the Republic of South Africa, Registration number 1968/004880/06, JSE, NYSE, DIFX Share code: GFI, ISIN: ZAE000018123 (PDF p128)
    Issuer copy
    retrieved 2026-10-08T18:47:56Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

South Africa country page · Company methodology and coverage