CONDENSED GROUP STATEMENT OF CASH FLOWS
| Download (EXCEL) |
| 6 months ended 30 June 2020 Reviewed Rm |
(Re-presented)1 6 months ended 30 June 2019 Reviewed Rm |
(Re-presented)1 12 months ended 31 December 2019 Audited Rm |
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| Cash flows from operating activities | 3 542 | 2 094 | 3 483 | ||||
|---|---|---|---|---|---|---|---|
| Cash generated by operations | 4 732 | 3 228 | 5 273 | ||||
| Settlement of contingent consideration | (195) | (344) | (344) | ||||
| Interest paid | (677) | (256) | (558) | ||||
| Interest received | 120 | 140 | 289 | ||||
| Tax paid | (438) | (674) | (1 177) | ||||
| Cash flows from investing activities | (1 181) | 3 692 | 2 974 | ||||
| Property, plant and equipment acquired (note 12) | (1 264) | (2 698) | (6 076) | ||||
| Intangible assets acquired | (2) | (5) | |||||
| Proceeds from disposal of property, plant and equipment | 4 | 42 | 83 | ||||
| Decrease in other financial assets at amortised cost | 41 | 43 | 82 | ||||
| Increase in enterprise and supplier development loans | (22) | (51) | (121) | ||||
| Decrease in enterprise and supplier development loans | 28 | 11 | 39 | ||||
| Deferred consideration paid for acquisition of associates | (214) | (152) | (306) | ||||
| Decrease in loan to joint venture | 14 | 200 | 250 | ||||
| Increase in loan to associate | (22) | (40) | |||||
| Decrease in lease receivables | 7 | 7 | 15 | ||||
| Proceeds from disposal of operation | 76 | ||||||
| Acquisition of subsidiary (note 4) | (1 304) | ||||||
| Acquisition of associates | (14) | (14) | |||||
| Dividend income received from equity-accounted investments | 1 557 | 1 442 | 4 146 | ||||
| Proceeds from disposal of associates classified as non-current assets held-for-sale | 4 486 | 4 486 | |||||
| Increase in environmental rehabilitation funds | (65) | (78) | (148) | ||||
| Dividend income received from financial assets and non-current assets held-for-sale | 37 | 478 | 507 | ||||
| Cash flows from financing activities | (441) | (2 121) | (5 286) | ||||
| Interest-bearing borrowings raised (note 17) | 1 750 | 1 500 | 4 250 | ||||
| Interest-bearing borrowings repaid (note 17) | (38) | (1 435) | (1 622) | ||||
| Lease liabilities paid | (15) | (20) | (33) | ||||
| Dividends paid to owners of the company | (1 420) | (1 393) | (5 812) | ||||
| – Final dividend (relating to prior year) | (1 420) | (1 393) | (1 393) | ||||
| – Special dividend | (2 251) | ||||||
| – Interim dividend (relating to current year) | (2 168) | ||||||
| Shares acquired in the market to settle share-based payments | (260) | (661) | (678) | ||||
| Dividends paid to BEE Parties | (458) | (112) | (1 391) | ||||
| Net increase in cash and cash equivalents | 1 920 | 3 665 | 1 171 | ||||
| Cash and cash equivalents at beginning of the period | 1 719 | 549 | 549 | ||||
| Translation difference on movement in cash and cash equivalents | 39 | 1 | (1) | ||||
| Cash and cash equivalents at end of the period | 3 678 | 4 215 | 1 719 | ||||
| Cash and cash equivalents | 5 436 | 4 219 | 2 695 | ||||
| Overdraft | (1 758) | (4) | (976) | ||||
| 1 | Dividends paid have been re-presented as a financing activity (previously presented as an operating activity). This re-presentation was done to align with the dividend policy that was revised during 2018. The dividend policy comprises two components: firstly, a pass-through of the SIOC dividend received and secondly, a dividend based on a targeted cover ratio of 2.5 times to 3.5 times core attributable coal earnings. |