For the year ended 31 December | Note |
2023 Rm |
2022 Rm |
Cash flows from operating activities | 11 129 | 14 410 | |
---|---|---|---|
Cash generated by operations | 6.3.1 | 13 307 | 18 863 |
Interest paid | 12.1.6 | (1 100) | (982) |
Interest received | 12.1.6 | 1 525 | 650 |
Tax paid | 7.6 | (2 603) | (4 121) |
Cash flows from investing activities | 2 045 | 3 990 | |
Property, plant and equipment acquired | (2 699) | (1 652) | |
Proceeds from disposal of property, plant and equipment | 5 | 4 | |
Cash received from financial assets at amortised cost | 196 | 90 | |
ESD loans granted | (171) | (112) | |
ESD loans settled | 108 | 50 | |
Settlement of deferred consideration | 56 | 94 | |
Portfolio investments acquired | (400) | ||
Deposit facilities acquired | (360) | ||
Lease receivables settled | 16 | 15 | |
Increase in environmental rehabilitation funds | (19) | (8) | |
Dividends received from equity-accounted investments | 9.5 | 4 911 | 5 903 |
Dividends received from financial assets | 2 | 6 | |
Cash flows from financing activities | (8 228) | (10 617) | |
Interest-bearing borrowings raised | 12.1.3 | 489 | |
Interest-bearing borrowings repaid | 12.1.3 | (658) | (1 181) |
Transaction costs paid on interest-bearing borrowings raised | (13) | ||
Lease liabilities paid | 11.4 | (41) | (34) |
Dividends paid to owners of the parent | 5.6 | (5 505) | (6 686) |
Dividends paid to NCI BEE Parties | 17.7.1 | (1 831) | (2 237) |
Dividends paid to NCI of Tsitsikamma SPV | 17.7.1 | (24) | (37) |
Distributions to NCI share option holders | 17.7.1 | (1) | |
Shares acquired in the market to settle share-based payments | (645) | (441) | |
Net increase in cash and cash equivalents | 4 946 | 7 783 | |
Cash and cash equivalents at beginning of the year | 14 812 | 7 041 | |
Translation difference on movement in cash and cash equivalents | 101 | (12) | |
Cash and cash equivalents at end of the year | 6.2.5 | 19 859 | 14 812 |