Financials Statement of Cash Flows

 

	United States Dollars
	Year ended
Figures in millions unless otherwise stated	Dec 2021  (Reviewed)	Dec 2020  (Audited)
Cash flows from operating activities	1,599.2	1,256.7
Profit before royalties and taxation	1,366.8	1,282.9
Amortisation and depreciation	713.2	661.3
Silicosis payment	(4.4)	(3.5)
Payment of long-term employee benefits	(37.3)	–
Other non-cash items	208.8	(129.9)
South Deep BEE dividend	(0.9)	(1.1)
Change in working capital	(89.4)	(171.8)
Royalties and taxation paid	(557.6)	(381.2)
Dividends paid	(369.0)	(145.3)
Owners of the parent	(322.3)	(137.7)
Non-controlling interest holders	(46.7)	(7.6)
Cash flows from investing activities	(1,070.5)	(607.4)
Capital expenditure – additions	(1,088.7)	(583.7)
Capital expenditure – working capital	28.7	(7.1)
Proceeds on disposal of property, plant and equipment	2.8	0.7
Purchase of investments	(27.4)	(0.6)
Redemption of Asanko Preference shares	5.0	37.5
Loan advanced – contractors	–	(68.4)
Proceeds on disposal of investments	19.2	22.9
Contributions to environmental trust funds	(10.1)	(8.7)
Cash flows from financing activities	(510.5)	(139.8)
Loans received	207.5	689.8
Loans repaid	(644.2)	(1,014.2)
Payment of lease liabilities	(73.8)	(64.4)
Shares issued	–	249.0
Net cash (utilised)/generated	(350.8)	364.2
Translation adjustment	(11.3)	7.6
Cash and cash equivalent at beginning of the year	886.8	515.0
Cash and cash equivalent at end of the year	524.7	886.8
Non-IFRS measures and other disclosures
Cash flow from operating activities less net capital expenditure, environmental payments, lease payments and redemption of Asanko preference shares	463.1	631.0