Statement of cash flows
Figures are in millions unless otherwise stated
| |
|
UNITED STATES DOLLARS |
|
| |
|
Quarter |
|
|
|
Six months to |
| |
|
March
2015 |
|
June
2014 |
|
June
2014 |
|
| |
Cash flows from operating activities |
191.3 |
|
150.2 |
|
220.3 |
|
341.5 |
|
418.2 |
|
| |
Profit before royalties, tax and non-recurring items |
88.9 |
|
50.7 |
|
81.9 |
|
139.6 |
|
161.5 |
|
| |
Non-recurring items |
(10.8) |
|
(0.3) |
|
(8.2) |
|
(11.1) |
|
(34.9) |
|
| |
Amortisation and depreciation |
141.5 |
|
141.0 |
|
174.6 |
|
282.5 |
|
333.3 |
|
| |
South Deep BEE dividend |
- |
|
(1.7) |
|
(1.9) |
|
(1.7) |
|
(1.9) |
|
| |
Change in working capital |
8.9 |
|
34.5 |
|
(4.4) |
|
43.4 |
|
22.4 |
|
| |
Royalties and taxation paid |
(44.3) |
|
(74.2) |
|
(27.6) |
|
(118.5) |
|
(80.5) |
|
| |
Other non-cash items |
7.1 |
|
0.2 |
|
5.9 |
|
7.3 |
|
18.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Dividends paid |
(4.6) |
|
(12.9) |
|
(10.4) |
|
(17.5) |
|
(26.1) |
|
| |
Owners of the parent |
- |
|
(12.8) |
|
- |
|
(12.8) |
|
(15.7) |
|
| |
Non-controlling interest holders |
(4.6) |
|
(0.1) |
|
(10.4) |
|
(4.7) |
|
(10.4) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Cash flows from investing activities |
(161.1) |
|
(179.0) |
|
(155.5) |
|
(340.1) |
|
(299.6) |
|
| |
Capital expenditure – additions |
(158.3) |
|
(174.8) |
|
(153.4) |
|
(333.1) |
|
(294.7) |
|
| |
Capital expenditure – proceeds on disposal |
0.6 |
|
1.8 |
|
0.9 |
|
2.4 |
|
1.0 |
|
| |
Purchase of investments |
- |
|
- |
|
- |
|
- |
|
(1.6) |
|
| |
Proceeds on disposal of investments |
- |
|
- |
|
0.2 |
|
- |
|
2.0 |
|
| |
Environmental payments |
(3.4) |
|
(6.0) |
|
(3.2) |
|
(9.4) |
|
(6.3) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Cash flows from financing activities |
(10.0) |
|
(8.0) |
|
(80.2) |
|
(18.0) |
|
(71.3) |
|
| |
Loans received |
5.0 |
|
341.2 |
|
96.4 |
|
346.2 |
|
224.7 |
|
| |
Loans repaid |
(15.0) |
|
(349.2) |
|
(177.3) |
|
(364.2) |
|
(297.6) |
|
| |
Non-controlling interest holders’ loans received |
- |
|
- |
|
0.7 |
|
- |
|
1.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Net cash inflow/(outflow) |
15.6 |
|
(49.7) |
|
(25.8) |
|
(34.1) |
|
21.2 |
|
| |
Translation adjustment |
(2.8) |
|
(6.0) |
|
2.7 |
|
(8.8) |
|
4.5 |
|
| |
Cash at beginning of period |
402.3 |
|
458.0 |
|
373.8 |
|
458.0 |
|
325.0 |
|
| |
Cash at end of period |
415.1 |
|
402.3 |
|
350.7* |
|
415.1 |
|
350.7* |
|
| |
Cash flow from operating activities less net capital expenditure and environmental payments |
30.2 |
|
(28.8) |
|
64.6 |
|
1.4 |
|
118.2 |
|
* Cash at end of June 2014 comprised cash of US$350.1 million as in the Statement of financial position and US$0.6 million relating to Chucapaca project cash reallocated to assets held for sale. |
