| for the year ended 30 June 2008 |
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| |
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|
2008 |
|
2007 |
| |
|
Note |
|
R’000 |
|
R’000 |
| Cash retained from operating activities |
|
|
|
5 691 607 |
|
974 081 |
| Net cash generated by operations |
|
|
|
6 215 471 |
|
1 361 723 |
| Cash generated by operations |
|
|
|
5 032 284 |
|
1 384 874 |
| Dividend income |
|
|
|
|
|
5 034 |
| Movements in working capital |
|
|
|
|
|
(28 185) |
| Interest income |
|
|
|
|
|
20 676 |
| Finance costs |
|
|
|
(38 016) |
|
(27 471) |
| Taxation paid |
|
|
|
(380 611) |
|
(268 431) |
| Dividends paid to shareholders of the holding company |
|
|
|
(121 647) |
|
(81 065) |
| Dividends paid to minority shareholders |
|
|
|
(51 335) |
|
(31 351) |
| Cash utilised in investing activities |
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|
|
(3 865 170) |
|
(1 151 110) |
| Acquisition of shares in the holding company by group companies |
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|
|
(2 255 463) |
|
(7 736) |
| Acquisition of available-for-sale investments |
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|
|
(149 084) |
|
– |
| Additions to property, plant and equipment |
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|
|
|
|
|
| – to maintain operations |
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|
|
(1 007 840) |
|
(90 143) |
| – to expand operations |
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|
|
(499 976) |
|
(1 107 566) |
| Additions to investment properties |
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|
|
(413) |
|
(2 375) |
| Net movement in environmental rehabilitation trust funds |
|
|
|
(7 845) |
|
(6 156) |
| Proceeds on disposal of: |
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|
|
|
|
|
| – property, plant and equipment |
|
|
|
28 419 |
|
9 419 |
| – available-for-sale investments |
|
|
|
27 032 |
|
53 447 |
| Cash (utilised)/generated by financing activities |
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|
|
(154 782) |
|
308 495 |
| Increase in long-term borrowings |
|
|
|
1 885 |
|
21 682 |
| (Decrease)/increase in overdrafts and short-term borrowings |
|
|
|
(156 667) |
|
286 813 |
| Cash resources |
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|
|
|
|
|
| – increase for the year |
|
|
|
1 671 655 |
|
131 466 |
| – at beginning of year |
|
|
|
280 360 |
|
148 894 |
| – at end of year |
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|
|
1 952 015 |
|
280 360 |
| |
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