| 2014
Millions |
2013 Millions |
||
34. |
Cash generated from operations |
||
| Profit before tax | 15 | 2 460 | |
| Adjustment for: | |||
| Exploration costs (note 30) | 20 | 47 | |
| Depreciation (notes 5 and 25) | 2 341 | 2 314 | |
| Finance income (note 28) | (318) | (222) | |
| Finance cost (note 29) | 496 | 446 | |
| Share of associates’ results | (365) | (233) | |
| Retirement benefit obligations | (4) | (6) | |
| Share-based compensation | 228 | (114) | |
| Provision for employee retention scheme | 21 | 36 | |
| Provision for community development | (100) | (27) | |
| Rehabilitation provision | (52) | (38) | |
| Amortisation of prepaid royalty (notes 14 (i) and 27) | 112 | 199 | |
| Foreign currency adjustment | 143 | 182 | |
| Profit on disposal of property, plant and equipment | (76) | (86) | |
| Impairments | 1 071 | 2 280 | |
| Scrapping of assets | 223 | – | |
| Bad debt provision | (19) | (7) | |
| Prepayments utilised | 101 | 197 | |
| Fair value adjustment on derivative financial instruments | (165) | (196) | |
| Tax penalties and interest | 25 | 124 | |
| Deferred profit on housing scheme | – | 3 | |
| Insurance claim | (112) | – | |
| 3 585 | 7 359 | ||
| Cash movements in working capital: | |||
| Decrease in trade and other receivables | 395 | 1 059 | |
| Decrease/(increase) in inventories | 1 260 | (1 206) | |
| Decrease in trade and other payables | (6) | (417) | |
| Cash generated from operations | 5 234 | 6 795 |