Consolidated statement of cash flows
| Download (EXCEL) |
| (Rm) | Notes | Six months ended 31 December 2017 (Reviewed) |
Six months ended 31 December 2016 (Reviewed) |
Year ended 30 June 2017 (Audited) |
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|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities | ||||||||
| Cash generated from operations | 11 | (249) | 539 | 3 049 | ||||
| Exploration cost | (2) | (5) | (8) | |||||
| Finance cost | (521) | (313) | (716) | |||||
| Income tax paid | (366) | (367) | (1 312) | |||||
| Net cash (used in)/from operating activities | (1 138) | (146) | 1 013 | |||||
| Cash flows from investing activities | ||||||||
| Purchase of property, plant and equipment | (1 903) | (1 595) | (3 432) | |||||
| Proceeds from sale of property, plant and equipment | 13 | 27 | 49 | |||||
| Purchase of investment property | (1) | – | – | |||||
| Purchase of interest in associate – Waterberg | 6 | (408) | – | – | ||||
| Purchase of available-for- financial assets | – | (3) | (7) | |||||
| Interest received from held-to-maturity financial assets | 3 | 4 | 7 | |||||
| Loans granted | – | (1) | (1) | |||||
| Loan repayments received | – | 15 | 15 | |||||
| Finance income | 240 | 204 | 426 | |||||
| Dividends received | 61 | 89 | 279 | |||||
| Net cash used in investing activities | (1 995) | (1 260) | (2 664) | |||||
| Cash flows from financing activities | ||||||||
| Issue of ordinary shares | – | 479 | 479 | |||||
| Shares purchased – Long-term Incentive Plan | (71) | (35) | (38) | |||||
| Repayments of borrowings | (341) | (348) | (4 593) | |||||
| Cash from CCIRS | – | – | 728 | |||||
| Proceeds from borrowings net of transaction costs | – | – | 6 278 | |||||
| Dividends paid to non-controlling interests | – | (7) | (54) | |||||
| Net cash (used in)/from financing activities | (412) | 89 | 2 800 | |||||
| Net (decrease)/increase in cash and cash equivalents | (3 545) | (1 317) | 1 149 | |||||
| Cash and cash equivalents at beginning of period | 7 839 | 6 788 | 6 788 | |||||
| Effect of exchange rate changes on cash and cash equivalents held in foreign currencies | (86) | (52) | (98) | |||||
| Cash and cash equivalents at end of period | 4 208 | 5 419 | 7 839 |
The notes are an integral part of these condensed interim financial statements.