Consolidated statement of cash flows

	(Rm)	Six months   ended   31 December   2014   (Reviewed)		Six months   ended   31 December   2013   (Restated   reviewed)*	Year ended   30 June   2014   (Audited)
	Cash flows from operating activities
	Cash generated from operations	264		2 703	5 234
	Exploration cost	(29)		(10)	(20)
	Finance cost	(80)		(151)	(404)
	Income tax refund received/(paid)	5		(648)	(714)
	Net cash from operating activities	160		1 894	4 096
	Cash flows from investing activities
	Purchase of property, plant and equipment	(2 113)		(2 720)	(4 500)
	Proceeds from sale of property, plant and equipment	13		30	64
	Proceeds from insurance claim on asset scrapping	—		—	112
	Loans granted	(53)		(6)	(10)
	Loan repayments received	8		8	11
	Finance income	73		162	319
	Dividends received	256		231	467
	Net cash used in investing activities	(1 816)		(2 295)	(3 537)
	Cash flows from financing activities
	Issue of ordinary shares	—		1	8
	Repayments of borrowings	—		(29)	(16)
	Dividends paid to Company’s shareholders	(8)		(371)	(371)
	Net cash used in financing activities	(8)		(399)	(379)
	Net increase/(decrease) in cash and cash equivalents	(1 664)		(800)	180
	Cash and cash equivalents at beginning of period	4 305		4 113	4 113
	Effect of exchange rate changes on cash and cash equivalents held in foreign currencies	73		8	12
	Cash and cash equivalents at end of period**	2 714		3 321	4 305

**The reviewed December 2013 interim consolidated statement of cash flows was restated to align with the audited June 2014 consolidated statement of cash flows. Refer note 3.  
**Net of bank overdraft.

The notes are an integral part of these condensed interim financial statements.