• Gold Fields average return on tangible equity for 2014 was -10.02, a 304.49% decline from 2013.
• Gold Fields average return on tangible equity for 2013 was 4.9, a 72.44% decline from 2012.
• Gold Fields average return on tangible equity for 2012 was 17.78, a 88.95% decline from 2011.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.