Economic value distributed

How we create and share value

Economic value generated (1)

% 20212020
Gold sales and by-product income (2) 92 4,0294,836
Interest received 1 5830
Royalties received 2
Profit from sale of assets 1 222
Income from investments 6 249261
Other Income 5
Total economic value generated 100 4,3605,134
  1. This economic value-added statement includes the South African operations until the date of sale
  2. Gold sales decreased by 10% due to lower gold production in 2021 compared to 2020.

Economic value distributed(1)(7)

US dollar million 2021 2020 Contributing to the SDGs
Providers of capital 364 221
SDG 8
SDG 17
Finance costs and unwinding of obligations 140 183
Dividends 224 38
Employees(2) 515 508
SDG 1
SDG 6
SDG 8
SDG 10
Government 656 1,055
SDG 12
SDG 16
SDG 17
Current tax(3) 248 562
Royalties(4) 149 175
Employee taxes (4) 167 209
Production, property and other taxes(4) 92 109
Community(5) 15 22
SDG 3
SDG 4
SDG 6
SDG 11
Suppliers and services(6) 1,836 1,664
SDG 12
SDG 16
SDG 17
  Total economic value distributed 3,386 3,470
  1. Economic distribution providing human, financial, social, natural and manufactured capital, guided by business objectives and key 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. Payments to employees include salaries, wages and other benefits
  3. Current taxation includes normal taxation and withholding taxation on dividends paid per jurisdiction in which the Group operates
  4. Employee, production, property and other taxes and royalties are reported on a cash basis and exclude equity-accounted joint ventures
  5. Community and social investments exclude expenditure by equity-accounted joint ventures
  6. Suppliers and services excludes capital expenditure
  7. This economic value-added statement includes the South African operations until the date of sale

Current taxation by region

(US dollar million)20212020 (1)
Africa147300
Americas108186
Australia(3)71
Other(4)50
Total248562
  1. Includes the South African operations until the date of sale