For the year ended 31 December | Note | 2022 Rm |
2021 Rm |
Cash flows from operating activities | 14 410 | 8 432 | |
---|---|---|---|
Cash generated by operations | 6.3.1 | 18 863 | 10 552 |
Interest paid | 12.1.6 | (982) | (1 017) |
Interest received | 12.1.6 | 650 | 217 |
Tax paid | 7.6 | (4 121) | (1 320) |
Cash flows from investing activities | 3 990 | 13 419 | |
Property, plant and equipment acquired | (1 652) | (2 471) | |
Proceeds from disposal of property, plant and equipment | 4 | 11 | |
Cash received from financial assets at amortised cost | 90 | 72 | |
ESD loans granted | (112) | (101) | |
ESD loans settled | 50 | 61 | |
Settlement of deferred consideration | 94 | ||
Portfolio investments acquired | (400) | ||
Loan to associate settled | 3 | ||
Lease receivables settled | 15 | 15 | |
Increase in environmental rehabilitation funds | (8) | (79) | |
Proceeds from disposal of subsidiaries | 99 | ||
Proceeds from disposal of associate | 6.1.4 | 5 763 | |
Dividend income received from equity-accounted investments | 9.5 | 5 903 | 9 991 |
Dividend income received from financial assets | 6 | 55 | |
Cash flows from financing activities | (10 617) | (18 032) | |
Interest-bearing borrowings raised | 12.1.5 | 4 725 | |
Interest-bearing borrowings repaid | 12.1.5 | (1 181) | (8 076) |
Lease liabilities paid | 12.1.5 | (34) | (36) |
Loan from NCI repaid | (69) | ||
Dividends paid to owners of the parent | 5.6 | (6 686) | (9 557) |
Dividends paid to NCI BEE Parties | 17.7 | (2 237) | (3 119) |
Dividends paid to NCI of Tsitsikamma SPV | 17.7 | (37) | (5) |
Distributions to NCI share option holders | 17.7 | (1) | (7) |
Shares acquired in the market to settle share-based payments | (441) | (382) | |
Shares repurchased including transaction expenses | (1 506) | ||
Net increase in cash and cash equivalents | 7 783 | 3 819 | |
Cash and cash equivalents at beginning of the year | 7 041 | 3 187 | |
Translation difference on movement in cash and cash equivalents | (12) | 35 | |
Cash and cash equivalents at end of the year | 14 812 | 7 041 | |
Cash and cash equivalents | 14 812 | 7 042 | |
Overdraft | (1) | ||