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

  • 4.2Company financial statements
  • 4.2.4 Statement of cash flows
For the year ended 31 December     Note     2024 
Rm
 
2023 
Rm
 
  
Cash flows from operating activities          9 158  11 951    
Cash generated by operations     6.3.1     9 329  12 155    
– Dividend revenue received          4 115  3 748    
– Interest revenue received          386  463    
– Other cash generated by operations          4 828  7 944    
Interest received     12.1.6     1 502  1 315    
Interest paid     12.1.6     (1 637) (1 529)   
Tax (paid)/received     7.6     (36) 10    
Cash flows from investing activities          586  630    
Property, plant and equipment acquired     10.1.3     (65) (20)   
Intangible assets acquired     10.2.3     (18)     
Proceeds from disposal of property, plant and equipment              
ESD loans granted          (130) (171)   
ESD loans settled          84  108    
Cash received from other financial assets at amortised cost          31  116    
Deferred consideration settled            56    
Increase in investment in subsidiaries          (328) (554)   
Non-interest-bearing loans to subsidiaries granted          (125)     
Non-interest-bearing loans to subsidiaries settled            601    
Interest-bearing loans to subsidiaries granted            (647)   
Interest-bearing loans to subsidiaries settled          1 137  1 139    
Cash flows from financing activities          (9 625) (8 850)   
Interest-bearing borrowings repaid     12.1.3     (1 093) (450)   
Lease liabilities paid     11.4     (47) (37)   
Dividends paid     5.6     (8 306) (7 961)   
Shares acquired in the market to settle share-based payments          (179) (402)   
Net increase in cash and cash equivalents          119  3 731    
Cash and cash equivalents at beginning of the year          17 151  13 366    
Translation difference on movement in cash and cash equivalents          30  54    
Cash and cash equivalents at end of the year     6.2.5     17 300  17 151