Arrow Statement of Responsibility
Arrow Report of the Independent Auditors
Arrow Corporate Secretary’s Confirmation
Arrow Management’s Discussion and Analysis of the Financial Statements
Arrow Directors’ Report
Arrow Accounting Policies
Arrow Consolidated Income Statement
Arrow Consolidated Balance Sheet
Arrow Consolidated Statement of Changes in Equity
Arrow Consolidated Cash Flow Statement
Arrow Notes to the Consolidated Financial Statements
Arrow Company Income Statement
Arrow Company Balance Sheet
Arrow Company Statement of Changes in Shareholders’ Equity
Arrow Company Cash Flow Statement
Arrow Notes to the Company Annual Financial Statements
Arrow Major Group Investments – Direct and Indirect
Arrow Segment Report
Arrow Shareholders’ Information
Arrow Operating and Financial Information by Mine
Arrow Notice of Annual General Meeting
Arrow Administration and Corporate Information
Arrow Glossary of Terms
Arrow Proxy Form
Arrow Notes to Form of Proxy
Click to HIDE this navigation
Click to SHOW this navigation


for the year ended 30 June 2009

Figures in millions unless otherwise stated

        South African Rand  
    Notes   2009     2008  
  Cash flows from operating activities     633.1     (594.0)  
  Cash generated by operations 8   91.7     22.0  
  Interest paid     (102.0)     (19.5)  
  Interest received     14.1     7.3  
  Dividends received     1,595.2     424.9  
  Change in working capital 9   14.9     16.1  
  Cash generated by operating activities     1,613.9     450.8  
  Tax paid 10        
  Net cash generated by operations     1,613.9     450.8  
  Dividends paid 11   (980.8)     (1,044.8)  
  Cash flows from investing activities          
  Purchase of investments          
  Cash flows from financing activities     (633.1)     594.0  
  Advance of long-term loan to subsidiaries     (1,249.5)     (678.7)  
  Preference share liability (repaid)/raised     (623.2)     1 200.0  
  Short-term loans raised     1,143.0      
  Proceeds from issue of shares     96.6     72.7  
  Net cash generated/(utilised)          
  Cash and cash equivalents at beginning of the year          
  Cash and cash equivalents at end of the year          

The accompanying notes form an integral part of these financial statements