CONDENSED GROUP STATEMENT OF CASH FLOWS
For the year ended 31 December
| Download (EXCEL) |
| 2019 Reviewed Rm |
2018 Audited Rm |
|||
| Cash flows from operating activities | (2 329) | (54) | ||
|---|---|---|---|---|
| Cash generated by operations | 5 273 | 7 024 | ||
| Settlement of contingent consideration | (344) | (299) | ||
| Interest paid | (558) | (518) | ||
| Interest received | 289 | 229 | ||
| Tax paid | (1 177) | (1 007) | ||
| Dividends paid | (5 812) | (5 483) | ||
| Cash flows from investing activities | 2 974 | (3 195) | ||
| Property, plant and equipment acquired (note 12) | (6 076) | (5 790) | ||
| Intangible assets acquired | (5) | (1) | ||
| Proceeds from disposal of property, plant and equipment | 83 | 268 | ||
| Decrease in other financial assets at amortised cost | 82 | 82 | ||
| Increase in enterprise and supplier development loans | (121) | (125) | ||
| Decrease in enterprise and supplier development loans | 39 | |||
| Deferred consideration paid for acquisition of associates1 | (306) | |||
| Decrease in loan to joint venture | 250 | 186 | ||
| Increase in loan to joint venture | (250) | |||
| Increase in loan to associate | (40) | |||
| Decrease in lease receivables | 15 | 14 | ||
| Proceeds from disposal of operation | 76 | 17 | ||
| Proceeds from disposal of subsidiaries | 75 | |||
| Proceeds from disposal of financial asset | 24 | |||
| Acquisition of associates | (14) | (263) | ||
| Dividend income received from equity-accounted investments | 4 146 | 2 627 | ||
| Proceeds from disposal of associates classified as non-current assets held-for-sale2 | 4 486 | |||
| Increase in environmental rehabilitation funds | (148) | (135) | ||
| Dividend income received from financial assets and non-current assets held-for-sale3 | 507 | 76 | ||
| Cash flows from financing activities | 526 | (2 861) | ||
| Interest-bearing borrowings raised (note 20) | 4 250 | 14 | ||
| Interest-bearing borrowings repaid (note 20) | (1 622) | (2 161) | ||
| Lease liabilities paid | (33) | |||
| Shares acquired in the market to settle share-based payments | (678) | (467) | ||
| Dividends paid to BEE Parties | (1 391) | (247) | ||
| Net increase/(decrease) in cash and cash equivalents | 1 171 | (6 110) | ||
| Cash and cash equivalents at beginning of the year | 549 | 6 617 | ||
| Translation difference on movement in cash and cash equivalents | (1) | 42 | ||
| Cash and cash equivalents at end of the year | 1 719 | 549 | ||
| Cash and cash equivalents | 2 695 | 2 080 | ||
| Overdraft | (976) | (1 531) | ||
| 1 | Relates to deferred consideration paid to Insect Technology (R263 million) and LightApp (R43 million). |
| 2 | Relates to the redemption of the membership interest in Tronox UK (R1 597 million) and partial disposal of shares in Tronox Holdings plc (R2 889 million). |
| 3 | Mainly includes a cash dividend received from Tronox UK of R460 million. |