CONSOLIDATED CASH FLOW STATEMENT
for the year ended 30 June 2009
Figures in millions unless otherwise stated
| United States Dollars |
|
|
|
|
South African Rand |
| 2008 |
|
|
2009 |
|
|
|
Notes |
|
2009 |
|
|
2008 |
|
| 905.2 |
|
|
656.8 |
|
|
Cash flows from operating activities |
|
|
6,000.8 |
|
|
6,692.1 |
|
| |
|
|
|
|
|
|
|
|
|
| 1,195.1 |
|
|
1,183.4 |
|
|
Cash generated by operations |
26 |
|
10,663.5 |
|
|
8,688.7 |
|
| 17.9 |
|
|
14.5 |
|
|
Interest received |
|
|
131.0 |
|
|
130.3 |
|
| 4.6 |
|
|
1.3 |
|
|
Dividends received |
|
|
11.5 |
|
|
33.6 |
|
| (0.4) |
|
|
(0.3) |
|
|
Post-retirement health care payments |
|
|
(2.3) |
|
|
(2.6) |
|
| 36.1 |
|
|
(131.4) |
|
|
Change in working capital |
27 |
|
(1,183.8) |
|
|
262.3 |
|
| 1,253.3 |
|
|
1,067.5 |
|
|
Cash generated by operating activities |
|
|
9,619.9 |
|
|
9,112.3 |
|
| (79.5) |
|
|
(91.6) |
|
|
Interest paid |
|
|
(825.3) |
|
|
(578.4) |
|
| (143.5) |
|
|
(197.9) |
|
|
Taxation paid |
28 |
|
(1,812.8) |
|
|
(923.4) |
|
| 1,030.3 |
|
|
778.0 |
|
|
Net cash from continuing operations |
|
|
6,981.8 |
|
|
7,610.5 |
|
| 17.4 |
|
|
– |
|
|
Net cash from discontinued operations |
|
|
– |
|
|
126.4 |
|
| (142.5) |
|
|
(121.2) |
|
|
Dividends paid |
29 |
|
(981.0) |
|
|
(1,044.8) |
|
| (1,063.0) |
|
|
|
Cash flows from investing activities |
|
|
|
(7,727.2) |
|
| (1,239.9) |
|
|
(849.0) |
|
|
Additions to property, plant and equipment |
|
|
(7,649.2) |
|
|
(9,013.9) |
|
| 5.8 |
|
|
3.6 |
|
|
Proceeds on disposal of property, plant and equipment |
|
|
32.0 |
|
|
42.2 |
|
| 143.3 |
|
|
5.0 |
|
|
Proceeds on disposal of subsidiary |
|
|
45.0 |
|
|
1,042.1 |
|
| 160.2 |
|
|
– |
|
|
Net cash from discontinued operations |
|
|
– |
|
|
1,164.6 |
|
| (134.5) |
|
|
(12.8) |
|
|
Purchase of investments |
|
|
(99.3) |
|
|
(977.6) |
|
| 13.7 |
|
|
54.3 |
|
|
Proceeds on disposal of investments |
|
|
482.0 |
|
|
99.8 |
|
| (11.6) |
|
|
(10.4) |
|
|
Environmental trust funds and rehabilitation payments |
|
|
(94.0) |
|
|
(84.4) |
|
| 67.0 |
|
|
|
Cash flows from financing activities |
|
|
|
557.1 |
|
| – |
|
|
– |
|
|
Loans received from minority shareholders |
|
|
10.3 |
|
|
– |
|
| 596.4 |
|
|
1,312.3 |
|
|
Loans raised |
|
|
11,703.9 |
|
|
4,335.9 |
|
| (635.4) |
|
|
(1,047.7) |
|
|
Loans repaid |
|
|
(9,724.0) |
|
|
(4,619.5) |
|
| 96.0 |
|
|
– |
|
|
Proceeds from rights issue - Cerro Corona |
|
|
– |
|
|
768.0 |
|
| 10.0 |
|
|
10.7 |
|
|
Proceeds from the issue of shares |
|
|
96.6 |
|
|
72.7 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| (90.8) |
|
|
|
Net cash generated/(utilised) |
|
|
|
(478.0) |
|
| 18.6 |
|
|
|
Effect of exchange rate fluctuation on cash held |
|
|
|
175.2 |
|
| 323.1 |
|
|
250.9 |
|
|
Cash and cash equivalents at beginning of the year |
|
|
2,007.3 |
|
|
2,310.1 |
|
| 250.9 |
|
|
347.9 |
|
|
Cash and cash equivalents at end of the year |
21 |
|
2,803.9 |
|
|
2,007.3 |
|
The accompanying notes form an integral part of these financial statements.
|
