Exxaro Resources Limited
Group and company annual financial statements for the year ended 31 December 2024 
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Chapter 4Financial statements

  • 4.1 Group financial statements
  • 4.1.4 Statement of cash flows
For the year ended 31 December  Note  2024 
Rm
 
2023 
Rm
 
Cash flows from operating activities    8 425  11 129 
Cash generated by operations  6.3.1  10 432  13 307 
Interest received  12.1.6  1 720  1 525 
Interest paid  12.1.6  (1 095) (1 100)
Tax (paid)/received  7.6  (2 632) (2 603)
Cash flows from investing activities    1 084  2 045 
Property, plant and equipment acquired    (2 448) (2 699)
Intangible assets acquired    (27)  
Proceeds from disposal of property, plant and equipment     
Cash received from financial assets at amortised cost    111  196 
ESD loans granted    (130) (171)
ESD loans settled    84  108 
Intervention receivable granted    (33)  
Deferred consideration settled      56 
Deposit facilities placed    (360) (360)
Lease receivables settled    16  16 
Contributions to environmental rehabilitation funds      (19)
Dividends received from equity-accounted investments  9.5  3 871  4 911 
Dividends received from financial assets     
Cash flows from financing activities    (8 742) (8 228)
Interest-bearing borrowings raised  12.1.3  705  489 
Interest-bearing borrowings repaid  12.1.3  (1 397) (658)
Transaction costs paid on interest-bearing borrowings raised  12.1.3    (13)
Lease liabilities paid  11.4  (50) (41)
Dividends paid to owners of the parent  5.6  (5 744) (5 505)
Dividends paid to NCI BEE Parties  17.7.1  (1 893) (1 831)
Dividends paid to NCI of Tsitsikamma SPV and Amakhala SPV  17.7.1  (42) (24)
Shares acquired in the market to settle share-based payments    (321) (645)
Net increase in cash and cash equivalents    767  4 946 
Cash and cash equivalents at beginning of the year    19 859  14 812 
Translation difference on movement in cash and cash equivalents    101 
Cash and cash equivalents at end of the year  6.2.5  20 630  19 859