CONDENSED GROUP STATEMENT OF CASH FLOWS
for the year ended 31 December
| Download (EXCEL) |
| 2018 Reviewed Rm |
(Re-presented) 2017 Audited Rm |
|||
| Cash flows from operating activities | (54) | 3 326 | ||
|---|---|---|---|---|
| Cash generated by operations | 7 024 | 6 826 | ||
| Settlement of contingent consideration (note 20.2)1 | (299) | (74) | ||
| Interest paid | (518) | (597) | ||
| Interest received | 229 | 188 | ||
| Tax paid | (1 007) | (790) | ||
| Dividends paid | (5 483) | (2 227) | ||
| Cash flows from investing activities | (3 195) | 4 451 | ||
| Property, plant and equipment acquired to maintain operations (note 12) | (2 847) | (2 977) | ||
| Property, plant and equipment acquired to expand operations (note 12) | (2 943) | (944) | ||
| Intangible assets acquired | (1) | (1) | ||
| Proceeds from disposal of property, plant and equipment | 268 | 11 | ||
| Decrease in loans to Main Street 333 | 400 | |||
| Interest received on loans to Main Street 333 | 84 | |||
| Decrease in other financial assets at amortised cost | 82 | |||
| Increase in Enterprise and supplier development loans | (125) | |||
| Decrease in loan to joint venture | 186 | |||
| Increase in loan to joint venture | (250) | |||
| Decrease in lease receivables | 14 | |||
| Proceeds from disposal of operation | 17 | |||
| Proceeds from disposal of subsidiaries2 | 75 | |||
| Proceeds from disposal of a financial asset | 24 | |||
| Increase in loan to associate | (1) | |||
| Acquisition of associates (note 13) | (263) | (26) | ||
| Divided income from investments in associates and joint ventures | 2 627 | 1 499 | ||
| Proceeds from disposal of equity-accounted investments | 6 525 | |||
| Decrease in non-current financial assets | 14 | |||
| Increase in non-current financial assets | (4) | |||
| Increase in environmental rehabilitation funds | (135) | (130) | ||
| Dividend income from financial assets and non-current assets classified as held-for-sale | 76 | 1 | ||
| Cash flows from financing activities | (2 861) | (6 361) | ||
| Interest-bearing borrowings raised | 14 | 2 491 | ||
| Interest-bearing borrowings repaid | (2 161) | (2 534) | ||
| Shares acquired in the market to settle share-based payments | (467) | (99) | ||
| Dividends paid to BEE Parties | (247) | |||
| Repurchase of share capital | (6 219) | |||
| Net (decrease)/increase in cash and cash equivalents | (6 110) | 1 416 | ||
| Cash and cash equivalents at beginning of the year | 6 617 | 5 183 | ||
| Reclassifications of cash and cash equivalents | 51 | |||
| Translation difference on movement in cash and cash equivalents | 42 | (33) | ||
| Cash and cash equivalents at end of the year | 549 | 6 617 | ||
| Cash and cash equivalents | 2 080 | 6 657 | ||
| Cash and cash equivalents classified as held-for-sale | 14 | |||
| Overdraft | (1 531) | (54) | ||
| 1 | The settlement of contingent consideration has been reclassified from investing activities to operating activities as this relates to post-acquisition changes in fair value of the contingent consideration that has been paid but is not recognised as an adjustment in the investment value previously acquired. |
| 2 | Consists of cash received of R90 million and cash disposed of R15 million. |