Consolidated statement of cash flow

FOR THE YEAR ENDED 30 JUNE 2013

2013  2012
Note R’000  R’000
Cash retained from operating activities 3 855 985  3 757 227
Net cash generated by operations 5 353 423  5 651 700
Cash generated by operations 24.1 6 083 641  6 083 910
Dividend income 24.2 8 421  27 739
Movements in working capital 24.3 (738 639) (459 949)
Interest income 18 219 049  209 156
Finance costs 24.4 (78 490) (147 711)
Taxation paid 24.5 (1 064 059) (1 432 177)
Dividends paid to shareholders of the holding company 24.6 (567 284) (515 695)
Dividends paid to non-controlling shareholders (6 654) (8 046)
Cash utilised in investing activities (2 131 778) (4 413 156)
Acquisition of:
– shares in the holding company by a subsidiary company –  (2 692 555)
– other investments (7 239) (3 936)
– Groupline (refer note 2) –  (36 103)
Additions to property, plant and equipment
– to maintain operations (791 552) (788 331)
– to expand operations (1 297 436) (1 495 715)
Net movement in environmental rehabilitation trust funds (9 707) (11 660)
Increase in staff housing loans (88 060) (53 614)
Proceeds on disposal of
– property, plant and equipment 25 241  5 108
– available-for-sale investments 24.7 36 975  663 650
Cash (utilised in)/generated by financing activities (592 595) 1 633 972
Preference shares issued (refer note 11) –  2 310 000
Preference shares redeemed (refer note 11) (750 000) (708 700)
Other financing activities 157 405  32 672
Cash resources
– increase for the year 1 131 612  978 043
– at beginning of year 3 242 485  2 264 442
– at end of year 4 374 097  3 242 485