Consolidated statement of cash flows
FOR THE YEAR ENDED 30 JUNE 2019
| Download (EXCEL) |
| Notes | 2019 Rm |
2018 Rm |
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| Cash flows from operating activities | ||||||
| Cash generated from operations | 13 | 11 844 | 2 360 | |||
| Finance cost paid (net of interest capitalised) | (963) | (1 025) | ||||
| Income tax paid | (223) | (1 336) | ||||
| Net cash from/(used in) operating activities | 10 658 | (1) | ||||
| Cash flows from investing activities | ||||||
| Purchase of property, plant and equipment (including interest capitalised) | (3 877) | (4 667) | ||||
| Proceeds from sale of property, plant and equipment | 74 | 26 | ||||
| Purchase of investment property | – | (1) | ||||
| Purchase of interest in associate – Waterberg | – | (408) | ||||
| Waterberg shareholder funding | (19) | (17) | ||||
| Interest received from held-to-maturity financial assets | – | 3 | ||||
| Loans granted | (1) | – | ||||
| Finance income received | 358 | 182 | ||||
| Dividends received | 473 | 253 | ||||
| Net cash used in investing activities | (2 992) | (4 629) | ||||
| Cash flows from financing activities | ||||||
| Shares purchased – Long-term Incentive Plan | (111) | (78) | ||||
| Repayments of borrowings | (2 169) | (999) | ||||
| Proceeds from borrowings net of transaction costs | – | 1 500 | ||||
| Cash distributions paid to non-controlling interest | (196) | (15) | ||||
| Net cash (used in)/from financing activities | (2 476) | 408 | ||||
| Net increase/(decrease) in cash and cash equivalents | 5 190 | (4 222) | ||||
| Cash and cash equivalents at the beginning of the year | 3 705 | 7 839 | ||||
| Effect of exchange rate changes on cash and cash equivalents held in foreign currencies | (653) | 88 | ||||
| Cash and cash equivalents at the end of the year | 8 242 | 3 705 |
The notes are an integral part of these summarised financial statements.