| |
|
United States Dollars
Year ended |
|
| Figures are in millions unless otherwise stated |
|
|
|
|
|
|
|
| Cash flows from operating activities |
|
613.1 |
|
831.6 |
|
| Profit before royalties, tax and non-recurring items |
|
284.9 |
|
438.3 |
|
| Non-recurring items |
|
(633.1) |
|
(223.9) |
|
| Amortisation and depreciation |
|
668.4 |
|
748.1 |
|
| Other non-cash items# |
|
611.4 |
|
250.2 |
|
| South Deep BEE dividend |
|
(1.7) |
|
(1.5) |
|
| Payment of long-term incentive plan |
|
(17.8) |
|
(11.5) |
|
| Change in working capital |
|
(16.3) |
|
(69.4) |
|
| Royalties and taxation paid |
|
(282.7) |
|
(305.5) |
|
| Cash generated by continuing operations |
|
613.1 |
|
824.8 |
|
| Cash generated by discontinued operations |
|
– |
|
6.8 |
|
| Dividends paid |
|
(55.3) |
|
(69.2) |
|
| Owners of the parent |
|
(45.5) |
|
(62.8) |
|
| Non-controlling interest holders |
|
(9.8) |
|
(6.4) |
|
| Cash flows from investing activities |
|
(886.8) |
|
(908.6) |
|
| Capital expenditure – additions |
|
(814.2) |
|
(833.6) |
|
| Proceeds on disposal of property, plant and equipment |
|
78.9 |
|
23.2 |
|
| Purchase of investments |
|
(19.3) |
|
(80.1) |
|
| Purchase of Asanko |
|
(165.0) |
|
– |
|
| Proceeds on disposal of assets held for sale |
|
40.0 |
|
– |
|
| Proceeds on disposal of investments |
|
0.5 |
|
– |
|
| Proceeds on disposal of Darlot |
|
– |
|
5.4 |
|
| Contributions to environmental trust funds |
|
(7.7) |
|
(16.7) |
|
| Cash utilised in continuing operations |
|
(886.8) |
|
(901.8) |
|
| Cash utilised in discontinued operations |
|
– |
|
(6.8) |
|
| Cash flows from financing activities |
|
257.3 |
|
84.2 |
|
| Loans received |
|
691.7 |
|
779.7 |
|
| Loans repaid |
|
(431.9) |
|
(695.5) |
|
| Payment of finance lease liability |
|
(2.5) |
|
– |
|
| Cash generated by continuing operations |
|
257.3 |
|
84.2 |
|
| Cash generated by discontinued operations |
|
– |
|
– |
|
| Net cash outflow |
|
(71.7) |
|
(62.0) |
|
| Net cash outflow from continuing operations |
|
(71.7) |
|
(62.0) |
|
| Net cash inflow from discontinued operations |
|
– |
|
– |
|
| Translation adjustment |
|
(7.6) |
|
14.3 |
|
| Cash at beginning of year |
|
479.0 |
|
526.7 |
|
| Cash at end of year |
|
399.7 |
|
479.0 |
|
| Cash flow for continuing operations from operating activities less net capital expenditure, environmental payments and finance lease payments |
|
(132.4) |
|
(2.3) |
|
