|
| Consolidated statement of cash flows
for the period ended 31 December 2010
Figures in millions unless otherwise stated
| United States Dollars |
|
|
|
|
|
South African Rand |
|
| For the |
|
For the 6 month |
|
|
|
|
|
For the 6 month |
|
For the |
|
| year ended |
|
period ended |
|
|
|
|
|
period ended |
|
year ended |
|
| 30 June 2010 |
|
31 December 2010 |
|
|
|
Notes |
|
31 December 2010 |
|
30 June 2010 |
|
| 1,129.9 |
|
776.9 |
|
|
Cash flows from operating activities |
|
|
5,493.7 |
|
8,506.6 |
|
| 1,531.2 |
|
1,034.0 |
|
|
Cash generated by operations |
27 |
|
7,382.7 |
|
11,607.9 |
|
| 31.5 |
|
8.6 |
|
|
Interest received |
|
|
61.5 |
|
238.3 |
|
| 0.1 |
|
- |
|
|
Dividends received |
|
|
- |
|
0.9 |
|
| (0.3) |
|
(0.5) |
|
|
Post-retirement health care payments |
|
|
(3.4) |
|
(2.4) |
|
| 2.2 |
|
6.8 |
|
|
Change in working capital |
28 |
|
48.7 |
|
17.0 |
|
| 1,564.7 |
|
1,048.9 |
|
|
Cash generated by operating activities |
|
|
7,489.5 |
|
11,861.7 |
|
| (65.7) |
|
(33.4) |
|
|
Interest paid |
|
|
(238.4) |
|
(498.6) |
|
| (51.5) |
|
(44.4) |
|
|
Royalties paid |
29 |
|
(331.9) |
|
(393.1) |
|
| (176.4) |
|
(106.6) |
|
|
Taxation paid |
30 |
|
(782.6) |
|
(1,371.1) |
|
| 1,271.1 |
|
864.5 |
|
|
Net cash from operations |
|
|
6,136.6 |
|
9,598.9 |
|
| (141.2) |
|
(87.6) |
|
|
Dividends paid |
|
|
(642.9) |
|
(1,092.3) |
|
| (118.1) |
|
(67.4) |
|
|
- Ordinary shareholders |
|
|
(494.4) |
|
(917.1) |
|
| (23.1) |
|
(20.2) |
|
|
- Non-controlling interest holders |
|
|
(148.5) |
|
(175.2) |
|
| (960.3) |
|
(722.9) |
|
|
Cash flows from investing activities |
|
|
(5,146.0) |
|
(7,432.0) |
|
| (1,021.4) |
|
(649.8) |
|
|
Additions to property, plant and |
|
|
(4,639.8) |
|
(7,742.3) |
|
| |
|
|
|
|
equipment |
|
|
|
|
|
|
| 1.2 |
|
5.3 |
|
|
Proceeds on disposal of property, plant |
|
|
37.6 |
|
8.7 |
|
| |
|
|
|
|
and equipment |
|
|
|
|
|
|
| - |
|
(54.0) |
|
|
Payment for FSE |
|
|
(371.0) |
|
- |
|
| (257.1) |
|
- |
|
|
Royalty termination |
|
|
- |
|
(1,998.9) |
|
| (43.0) |
|
- |
|
|
Purchase of Glencar asset |
|
|
- |
|
(340.1) |
|
| (13.5) |
|
(9.4) |
|
|
Purchase of investments |
|
|
(65.5) |
|
(97.2) |
|
| 385.8 |
|
0.4 |
|
|
Proceeds on disposal of investments |
|
|
3.0 |
|
2,830.8 |
|
| (12.3) |
|
(15.4) |
|
|
Environmental trust funds and |
|
|
(110.3) |
|
(93.0) |
|
| |
|
|
|
|
rehabilitation payments |
|
|
|
|
|
|
| (25.6) |
|
224.8 |
|
|
Cash flows from financing activities |
|
|
1,546.8 |
|
(75.3) |
|
| (15.4) |
|
6.4 |
|
|
Loans received/(repaid) from |
|
|
42.2 |
|
(116.4) |
|
| |
|
|
|
|
non-controlling interest holders |
|
|
|
|
|
|
| 1,619.9 |
|
1,543.8 |
|
|
Loans raised |
|
|
10,789.4 |
|
12,275.5 |
|
| (1,637.5) |
|
(1,330.8) |
|
|
Loans repaid |
|
|
(9,323.0) |
|
(12,291.2) |
|
| 7.4 |
|
5.4 |
|
|
Proceeds from the issue of shares |
|
|
38.2 |
|
56.8 |
|
| 144.0 |
|
278.8 |
|
|
Net cash generated |
|
|
1 894.5 |
|
999.3 |
|
| 8.8 |
|
30.0 |
|
|
Effect of exchange rate fluctuation on |
|
|
(221.2) |
|
(12.7) |
|
| |
|
|
|
|
cash held |
|
|
|
|
|
|
| 347.9 |
|
500.7 |
|
|
Cash and cash equivalents at beginning |
|
|
3,790.5 |
|
2,803.9 |
|
| |
|
|
|
|
of the period |
|
|
|
|
|
|
| 500.7 |
|
809.5 |
|
|
Cash and cash equivalents at end |
22 |
|
5,463.8 |
|
3,790.5 |
|
| |
|
|
|
|
of the period |
|
|
|
|
|
|
The accompanying notes form an integral part of these financial statements.
|
