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 |
(29 388) | (5 675) | |||
| Cash generated from investing activities | 817 093 | 1 476 850 | |||
| Acquisition of: | |||||
| – |
4 | – | (161 926) | ||
| – |
(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 |
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 | ||
