Integrated Report 2021
Exxaro Resources Limited
Annual Financial Statements 2021
| For the year ended 31 December | Note | 2021 Rm |
2020 Rm |
| Cash flows from operating activities | 8 432 | 5 493 | |
|---|---|---|---|
| Cash generated by operations | 6.3.1 | 10 552 | 7 770 |
| Settlement of contingent consideration | (198) | ||
| Interest paid | 12.1.6 | (1 017) | (1 305) |
| Interest received | 12.1.6 | 217 | 192 |
| Tax paid | 7.6.1 | (1 320) | (966) |
| Cash flows from investing activities | 13 419 | (1 556) | |
| Property, plant and equipment acquired | (2 471) | (3 175) | |
| Intangible assets acquired | (2) | ||
| Proceeds from disposal of property, plant and equipment | 11 | 34 | |
| Decrease in other financial assets at amortised cost | 72 | 79 | |
| Increase in ESD loans | (101) | (41) | |
| Decrease in ESD loans | 61 | 61 | |
| Deferred consideration paid for acquisition of associates | (349) | ||
| Decrease in loan to associate | 3 | 13 | |
| Decrease in lease receivables | 15 | 15 | |
| Acquisition of subsidiaries | (1 402) | ||
| Increase in environmental rehabilitation funds | (79) | (111) | |
| Cash transferred on transfer of operation | 8.3 | (14) | |
| Proceeds from disposal of subsidiaries | 8.3 | 99 | |
| Proceeds from disposal of associate classified as non-current assets held-for-sale | 6.1.4 | 5 763 | |
| Dividend income received from equity-accounted investments | 9.3 | 9 991 | 3 263 |
| Dividend income received from financial assets and non-current assets held-for-sale | 55 | 73 | |
| Cash flows from financing activities | (18 032) | (2 469) | |
| Interest-bearing borrowings raised | 12.1.5 | 4 725 | 1 750 |
| Interest-bearing borrowings repaid | 12.1.5 | (8 076) | (88) |
| Lease liabilities paid | 12.1.5 | (36) | (32) |
| NCI options exercised | 115 | ||
| Distributions to NCI share option holders | (7) | (1) | |
| Dividends paid to NCI of Tsitsikamma SPV | (5) | ||
| Increase in loan from NCI | 69 | ||
| Decrease in loan from NCI | (69) | ||
| Dividends paid | 5.6 | (9 557) | (3 034) |
| Shares acquired in the market to settle share-based payments | (382) | (270) | |
| Shares repurchased including transaction expenses | (1 506) | ||
| Dividends paid to NCI BEE Parties | (3 119) | (978) | |
| Net increase in cash and cash equivalents | 3 819 | 1 468 | |
| Cash and cash equivalents at beginning of the year | 3 187 | 1 719 | |
| Translation difference on movement in cash and cash equivalents | 35 | ||
| Cash and cash equivalents at end of the year | 7 041 | 3 187 | |
| Cash and cash equivalents | 7 042 | 3 196 | |
| Cash and cash equivalents classified as non-current assets held-for-sale | 8 | ||
| Overdraft | (1) | (17) | |
Report Index