Condensed consolidated statement of cash flows
| Download (EXCEL) |
| (Rm) | Notes | Six months ended 31 December 2019 (Reviewed) |
Six months ended 31 December 2018 (Reviewed) |
Year ended 30 June 2019 (Audited) |
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|---|---|---|---|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||||||
| Cash generated from operations | 14 | 6 895 | 6 702 | 11 844 | ||||
| Finance cost paid (net of interest capitalised) | (460) | (520) | (963) | |||||
| Income tax paid | (450) | (160) | (223) | |||||
| Net cash from operating activities | 5 985 | 6 022 | 10 658 | |||||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||||||
| Purchase of property, plant and equipment (including interest capitalised) | (1 833) | (1 727) | (3 877) | |||||
| Proceeds from sale of property, plant and equipment | 32 | 55 | 74 | |||||
| Net cash paid for the acquisition of North American Palladium | (9 431) | — | — | |||||
| Cash acquired through the acquisition of North American Palladium | 19 | 1 428 | — | — | ||||
| Acquisition of North American Palladium | 19 | (10 859) | — | — | ||||
| Proceeds from held-to-maturity financial assets | 87 | — | — | |||||
| Finance income received | 273 | 168 | 358 | |||||
| Dividends received | 121 | 130 | 473 | |||||
| Other | (4) | (12) | (20) | |||||
| Net cash used in investing activities | (10 755) | (1 386) | (2 992) | |||||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||||||
| Shares purchased – Long-term Incentive Plan | (628) | (101) | (111) | |||||
| Repayments of borrowings | (1 406) | (1 855) | (2 169) | |||||
| Proceeds from borrowings | 5 082 | — | — | |||||
| Cash received from cross-currency interest rate swap | 77 | — | — | |||||
| Invitation premium paid on US$ bond conversion | (509) | — | — | |||||
| Cash distributions paid to non-controlling interest | (99) | (135) | (196) | |||||
| Net cash from/(used in) financing activities | 2 517 | (2 091) | (2 476) | |||||
| NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS | (2 253) | 2 545 | 5 190 | |||||
| Cash and cash equivalents at beginning of period | 8 242 | 3 705 | 3 705 | |||||
| Effect of exchange rate changes on cash and cash equivalents held in foreign currencies | 7 | 105 | (653) | |||||
| Cash and cash equivalents at end of period | 5 996 | 6 355 | 8 242 |
The Notes to the financial information are an integral part of these condensed consolidated interim financial statements.