CONSOLIDATED STATEMENT OF CASH FLOW
FOR THE YEAR ENDED 30 JUNE 2010
2010 |
2009 |
|||||
| Note | R’000 |
R’000 |
||||
| Cash retained from operating activities | 1 331 957 |
3 670 885 |
||||
|---|---|---|---|---|---|---|
| Net cash generated by operations | 2 275 249 |
6 193 235 |
||||
| Cash generated by operations | 25.1 | 2 713 424 |
5 835 346 |
|||
| Dividend income | 25.2 | 17 770 |
20 030 |
|||
| Movements in working capital | 25.3 | (455 945) |
337 859 |
|||
| Interest income | 19 | 190 827 |
366 720 |
|||
| Finance costs | 20 | (123 633) |
(298 148) |
|||
| Taxation paid | 25.4 | (649 861) |
(2 035 700) |
|||
| Dividends paid to shareholders of the holding company | 25.5 | (358 865) |
(479 379) |
|||
| Dividends paid to non-controlling interests | (1 760) |
(75 843) |
||||
| Cash utilised in investing activities | (1 810 376) |
(1 620 690) |
||||
| Acquisition of shares in the holding company by a subsidiary company | – |
(32 279) |
||||
| Acquisition of available-for-sale investments | (20 690) |
(117 813) |
||||
| Acquisition of other investments | (31 008) |
(42 134) |
||||
| Additions to property, plant and equipment | ||||||
| – to maintain operations | (561 345) |
(686 342) |
||||
| – to expand operations | (1 199 744) |
(789 626) |
||||
| Additions to investment properties | (292) |
– |
||||
| Payments against long-term provisions | – |
(411) |
||||
| Net movement in environmental rehabilitation trust funds | (10 188) |
(10 797) |
||||
| Proceeds on disposal of | ||||||
| – property, plant and equipment | 12 891 |
36 042 |
||||
| – available-for-sale investments | – |
22 670 |
||||
| Cash utilised in financing activities | (672 927) |
(1 000 882) |
||||
| Decrease in long-term borrowings | (45 211) |
(13 833) |
||||
| Decrease in short-term borrowings and overdrafts | (595 810) |
(987 049) |
||||
| Long-term advances made | (31 906) |
– |
||||
| Cash resources | ||||||
| – (decrease)/increase for the year | (1 151 346) |
1 049 313 |
||||
| – at beginning of year | 3 001 328 |
1 952 015 |
||||
| – at end of year | 25.6 | 1 849 982 |
3 001 328 |
|||
