Consolidated statement of cash-flows
for the year ended 31 December 2022
| United States Dollar | ||||||
| Figures in millions unless otherwise stated | 2022 | 2021 | 2020 | |||
| Cash-flows from operating activities | 1,379.2 | 1,230.2 | 1,111.4 | |||
|---|---|---|---|---|---|---|
| Cash generated by operations | 2,658.8 | 2,347.3 | 1,933.9 | |||
| Interest received | 12.1 | 7.4 | 7.6 | |||
| Change in working capital | (134.2) | (89.4) | (171.8) | |||
| Cash generated by operating activities | 2,536.7 | 2,265.3 | 1,769.7 | |||
| Silicosis payment | (0.7) | (4.4) | (3.5) | |||
| Interest paid | (97.2) | (103.2) | (127.2) | |||
| Royalties paid | (112.3) | (108.8) | (102.5) | |||
| Taxation paid | (611.7) | (448.8) | (278.7) | |||
| Net cash from operations | 1,714.8 | 1,600.1 | 1,257.8 | |||
| Dividends paid | (335.6) | (369.9) | (146.4) | |||
| – Owners of the parent | (304.4) | (322.3) | (137.7) | |||
| – Non-controlling interest holders | (30.3) | (46.7) | (7.6) | |||
| – South Deep Black Economic Empowerment (BEE) dividend | (0.9) | (0.9) | (1.1) | |||
| Cash-flows from investing activities | (1,072.2) | (1,070.5) | (607.4) | |||
| Additions to property, plant and equipment | (1,069.3) | (1,088.7) | (583.7) | |||
| Capital expenditure – working capital | 26.3 | 28.7 | (7.1) | |||
| Proceeds on disposal of property, plant and equipment | 2.0 | 2.8 | 0.7 | |||
| Purchase of investments | (21.6) | (27.4) | (0.6) | |||
| Redemption of Asanko Preference Shares | – | 5.0 | 37.5 | |||
| Proceeds on disposal of investments | 1.5 | 19.2 | 22.9 | |||
| Loan advanced – contractors | – | – | (68.4) | |||
| Contributions to environmental trust funds | (11.1) | (10.1) | (8.7) | |||
| Cash-flows from financing activities | (56.9) | (510.5) | (139.8) | |||
| Loans raised | 206.5 | 207.5 | 689.8 | |||
| Loans repaid | (197.9) | (644.2) | (1,014.2) | |||
| Payment of principal lease liabilities | (65.5) | (73.8) | (64.4) | |||
| Proceeds from the issue of shares | – | – | 249.0 | |||
| Net cash generated/(utilised) | 250.1 | (350.8) | 364.2 | |||
| Effect of exchange rate fluctuation on cash held | (5.4) | (11.3) | 7.6 | |||
| Cash and cash equivalents at beginning of the year | 524.7 | 886.8 | 515.0 | |||
| Cash and cash equivalents at end of the year | 769.4 | 524.7 | 886.8 | |||