IN THIS SECTION
Consolidated statement of cash flows

 

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.