Consolidated statement of cash flow

FOR THE YEAR ENDED 30 JUNE 2015

2015  2014
Note R’000  R’000
Cash utilised in operating activities (962 774) (725 162)
Net cash (utilised in)/generated from operations (25 922) 292 267
Cash generated by operations 27.1 445 790 702 926
Dividend income 21 21 563 18 104
Movements in working capital 27.2 (493 275) (428 763)
Interest income 21 155 258 112 786
Finance costs 27.3 (20 720) (46 820)
Taxation paid 27.4 (165 925) (252 065)
Dividends paid to shareholders of the holding company 27.5 (876 077) (825 655)
Dividends paid to non-controlling shareholders (29 388) (5 675)
Cash generated from investing activities 817 093 1 476 850
Acquisition of:
available-for-sale listed investments 4 (161 926)
available-for-sale unlisted investments (1 195) (4 650)
– interest in associate 5 (121 953)
Additions to property, plant and equipment 2 (114 557) (93 670)
Acquisition of remaining 50% of Dwarsrivier Chrome Mine subject to conditions precedent 8 (450 000)
Dividends received from joint-venture entity 1 1 500 000 1 750 000
Net decrease in environmental rehabilitation trust funds (14 123)
Proceeds on disposal of property, plant and equipment 4 798 1 219
Cash generated from/(utilised in) financing activities 422 278 (310 836)
Preference shares redeemed 14 (500 000)
Increase in overdrafts 20 422 278 189 164
Cash resources
– increase for the year 276 597 440 852
– at beginning of year 2 144 598 1 703 746
– at end of year 9 2 421 195 2 144 598