Statement of cash flows
International Financial Reporting Standards Basis
Figures are in millions unless otherwise stated
| |
Cash flows from operating activities |
5,056.5 |
|
2,954.2 |
|
2,250.7 |
|
10,793.2 |
|
8,483.9 |
|
| |
Profit before royalties, tax and non-recurring items |
3,853.5 |
2,716.5 |
|
1,911.2 |
|
5,012.8 |
|
| |
Non-recurring items |
(167.2) |
|
(100.6) |
|
(138.3) |
|
(350.4) |
|
(260.1) |
|
| |
Amortisation and depreciation |
1,377.4 |
|
1,277.2 |
|
1,442.5 |
|
3,894.6 |
|
3,950.0 |
|
| |
South Deep BEE dividend paid |
- |
|
- |
|
- |
|
(21.4) |
|
- |
|
| |
Change in working capital |
372.7 |
|
47.8 |
|
(753.2) |
|
129.9 |
|
719.6 |
|
| |
Royalties and taxation paid |
(689.0) |
|
(984.9) |
|
(623.3) |
|
(2,335.9) |
|
(1,559.5) |
|
| |
Other non-cash items |
309.1 |
(1.8) |
|
411.8 |
|
621.1 |
|
| |
Dividends paid |
(870.5) |
|
(7.3) |
|
(494.4) |
|
(1,442.2) |
|
(1,022.6) |
|
| |
Owners of the parent |
(723.6) |
- |
|
(494.4) |
|
(847.4) |
|
| |
Non-controlling interest holders |
(146.9) |
(7.3) |
|
- |
|
(175.2) |
|
| |
Cash flows from investing activities |
(3,161.1) |
|
(8,029.7) |
|
(2,228.0) |
|
(14,613.2) |
|
(5,872.4) |
|
| |
Capital expenditure – additions |
(2,607.4) |
(2,285.0) |
|
(2,225.4) |
|
(6,254.1) |
|
| |
Capital expenditure – proceeds on disposal |
0.6 |
|
8.2 |
|
28.7 |
|
17.5 |
|
31.9 |
|
| |
Payment for FSE |
(534.6) |
|
- |
|
- |
|
(534.6) |
|
- |
|
| |
La Cima non-controlling interest buy-out |
- |
|
(1,242.6) |
|
- |
|
(2,611.0) |
|
- |
|
| |
Ghana non-controlling interest buy-out |
- |
|
(4,519.7) |
|
- |
|
(4,519.7) |
|
- |
|
| |
Purchase of investments |
- |
|
- |
|
(22.5) |
|
(0.7) |
|
(73.4) |
|
| |
Proceeds on disposal of investments |
13.3 |
|
12.0 |
|
1.0 |
|
36.8 |
|
512.8 |
|
| |
Environmental and post-retirement health care payments |
(33.0) |
(2.6) |
|
(9.8) |
|
(89.6) |
|
| |
Cash flows from financing activities |
(1,431.3) |
|
2,795.2 |
|
1,188.8 |
|
3,641.7 |
|
1,100.7 |
|
| |
Loans received |
400.0 |
3,927.3 |
|
4,013.1 |
|
9,119.2 |
|
| |
Loans repaid |
(1,905.2) |
|
(1,184.6) |
|
(2,840.1) |
|
(4,039.5) |
|
(7,936.8) |
|
| |
Non-controlling interest holders’ loans repaid |
- |
|
- |
|
- |
|
- |
|
(116.4) |
|
| |
Non-controlling interest holders’ loans received |
64.0 |
|
46.6 |
|
- |
|
152.5 |
|
- |
|
| |
Shares issued |
9.9 |
5.9 |
|
15.8 |
|
34.7 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
Net cash (outflow)/inflow |
(406.4) |
|
(2,287.6) |
|
717.1 |
|
(1,620.5) |
|
2,689.6 |
|
| |
Translation adjustment |
496.1 |
|
29.4 |
|
(194.4) |
|
591.4 |
|
(204.6) |
|
| |
Cash at beginning of period |
4,345.0 |
|
6,603.2 |
|
3,790.5 |
|
5,463.8 |
|
1,828.2 |
|
| |
Cash at end of period |
4,434.7 |
|
4,345.0 |
|
4,313.2 |
|
4,434.7 |
|
4,313.2 |
|
| |
Cash flow from operating activities less capital expenditure – additions |
2,449.1 |
|
669.2 |
|
25.3 |
|
3,832.2 |
|
2,229.8 |
|
| |
Cash flows from operating activities |
716.5 |
|
435.5 |
|
308.0 |
|
1,549.6 |
|
1,134.9 |
|
| |
Profit before royalties, tax and non-recurring items |
548.7 |
399.9 |
|
259.7 |
|
672.4 |
|
| |
Non-recurring items |
(23.9) |
|
(14.8) |
|
(18.8) |
|
(50.5) |
|
(33.5) |
|
| |
Amortisation and depreciation |
195.3 |
|
188.2 |
|
196.0 |
|
561.2 |
|
529.7 |
|
| |
South Deep BEE dividend paid |
- |
|
- |
|
- |
|
(3.1) |
|
- |
|
| |
Change in working capital |
54.0 |
|
6.3 |
|
(102.3) |
|
18.7 |
|
90.2 |
|
| |
Royalties and taxation paid |
(102.0) |
|
(144.1) |
|
(82.6) |
|
(342.1) |
|
(206.5) |
|
| |
Other non-cash items |
44.4 |
- |
|
56.0 |
|
82.6 |
|
| |
Dividends paid |
(122.8) |
|
(1.1) |
|
(67.4) |
|
(205.8) |
|
(136.0) |
|
| |
Owners of the parent |
(101.7) |
- |
|
(67.4) |
|
(112.9) |
|
| |
Non-controlling interest holders |
(21.1) |
(1.1) |
|
- |
|
(23.1) |
|
| |
Cash flows from investing activities |
(439.0) |
|
(1,185.1) |
|
(302.8) |
|
(2,116.2) |
|
(776.6) |
|
| |
Capital expenditure – additions |
(370.2) |
(336.4) |
|
(302.4) |
|
(838.4) |
|
| |
Capital expenditure – proceeds on disposal |
- |
|
1.3 |
|
3.9 |
|
2.5 |
|
4.3 |
|
| |
Payment for FSE |
(66.0) |
|
- |
|
- |
|
(66.0) |
|
- |
|
| |
La Cima non-controlling interest buy-out |
- |
|
(184.4) |
|
- |
|
(382.1) |
|
- |
|
| |
Ghana non-controlling interest buy-out |
- |
|
(667.0) |
|
- |
|
(667.0) |
|
- |
|
| |
Purchase of investments |
- |
|
- |
|
(3.1) |
|
(0.1) |
|
(10.0) |
|
| |
Proceeds on disposal of investments |
1.9 |
|
1.8 |
|
0.1 |
|
5.3 |
|
79.4 |
|
| |
Environmental and post-retirement health care payments |
(4.7) |
(0.4) |
|
(1.3) |
|
(11.9) |
|
| |
Cash flows from financing activities |
(184.5) |
|
403.9 |
|
169.4 |
|
549.6 |
|
158.9 |
|
| |
Loans received |
56.7 |
570.0 |
|
557.4 |
|
1,235.2 |
|
| |
Loans repaid |
(251.7) |
|
(173.8) |
|
(390.1) |
|
(561.6) |
|
(1,065.5) |
|
| |
Non-controlling interest holders’ loans repaid |
- |
|
- |
|
- |
|
- |
|
(15.4) |
|
| |
Non-controlling interest holders’ loans received |
9.1 |
|
6.8 |
|
- |
|
22.0 |
|
- |
|
| |
Shares issued |
1.4 |
0.9 |
|
2.1 |
|
4.6 |
|
| |
|
|
|
|
|
|
|
| |
Net cash (outflow)/inflow |
(29.8) |
|
(346.8) |
|
107.2 |
|
(222.8) |
|
381.2 |
|
| |
Translation adjustment |
(53.3) |
|
23.2 |
|
5.6 |
|
(39.2) |
|
(6.7) |
|
| |
Cash at beginning of period |
954.2 |
|
500.7 |
|
239.0 |
|
| |
Cash at end of period |
630.6 |
|
613.5 |
|
613.5 |
|
| |
Cash flow from operating activities less capital expenditure – additions |
99.1 |
|
5.6 |
|
296.5 |
|
|
