Company statement of cash flow

for the year ended 30 June 2016

2016  2015 
Note R’000  R’000 
Cash generated from operating activities 297 572  511 760 
Net cash generated from operating activities 970 910  1 677 864 
Cash utilised in operations 15.1 (5 282) (8 170)
Dividends received 15.2 1 176 071  1 786 104 
Movements in working capital 15.3 (199 879) (100 070)
Interest income 64 870  59 224 
Finance costs (22 750) (22 827)
Taxation paid 15.4 (17 595) (17 024)
Dividends paid 15.5 (697 863) (1 185 477)
Cash utilised in investing activities –  (571 953)
Acquisition of interest in foreign listed associate 3 –  (121 953)
Acquisition of remaining 50% of Dwarsrivier Chrome Mine subject to conditions precedent
5
–  (450 000)
Cash (utilised by)/generated by financing activities (293 483) 100 914 
Preference shares redeemed 10 (346 100) – 
Repayment of loan accounts by subsidiary companies 52 617  100 914 
Cash resources
– increase for the year 4 089  40 721 
– at beginning of year 698 125  657 404 
– at end of year 6 702 214  698 125