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Media release
Unaudited interim results
for the six months ended 30 June 2024

FINANCIALS Statement of cash flows

     United States Dollar  
     Six months ended 
Figures in millions unless otherwise stated  Notes  June 2024  June 2023 
Cash flows from operating activities    644.5  735.2 
Profit before royalties and taxation    709.2  809.4 
Amortisation and depreciation    268.6  423.5 
Silicosis payment    (0.2) (0.7)
Payment of long-term employee benefits    (38.2) (32.0)
Other non-cash items    (74.9) (39.1)
South Deep BEE dividend    (0.7) (0.7)
Change in working capital  16 79.9  (159.3)
Royalties and taxation paid    (299.2) (265.9)
Dividends paid    (214.1) (223.2)
Owners of the parent    (198.5) (214.7)
Non-controlling interest holders    (15.6) (8.5)
Cash flows from investing activities    (513.3) (773.0)
Capital expenditure – additions    (600.8) (507.5)
Capital expenditure – working capital    2.8  4.7 
Proceeds on disposal of property, plant and equipment    1.9  1.1 
Purchase of investments    (20.2) (12.7)
Purchase of equity-accounted investee – Windfall Project  14 –  (221.5)
Windfall Project capital contributions  14 (42.4) (33.6)
Proceeds on disposal of investments    150.3  1.5 
Contributions to environmental trust funds    (4.9) (5.0)
Cash flows from financing activities    (35.0) 158.8 
Loans received    737.9  468.6 
Loans repaid    (726.6) (274.3)
Payment of lease liabilities    (46.3) (35.5)
Net cash utilised    (117.9) (102.2)
Translation adjustment    (3.1) (16.7)
Cash and cash equivalent at beginning of the period    648.7  769.4 
Cash and cash equivalent at end of the period    527.7  650.5 
Non-IFRS measures and other disclosures       
Adjusted free cash flow    (57.8) 140.2