| R millions |
Year ended
30 June
2010 |
Year ended
30 June
2009 |
 |
|
|
|
|
|
| Cash flows from operating activities |
|
|
| Profit before tax |
7 225 |
9 393 |
| Adjustments to profit before tax |
1 648 |
(185) |
| Cash from changes in working capital |
(1 184) |
371 |
| Exploration costs |
(47) |
(83) |
| Finance cost |
(48) |
(122) |
| Income tax paid |
(1 676) |
(2 867) |
| Net cash from operating activities |
5 918 |
6 507 |
| Cash flows from investing activities |
|
|
| Purchase of property, plant and equipment |
(4 412) |
(6 791) |
| Proceeds from sale of property, plant and equipment |
13 |
51 |
| Proceeds from investments disposed |
8 |
— |
| Purchase of investments |
0 |
(6) |
| Payment received from associate on shareholders loan |
196 |
96 |
| Loan repayments received |
442 |
9 |
| Net advances |
(106) |
— |
| Finance income |
259 |
915 |
| Net cash used in investing activities |
(3 600) |
(5 726) |
| Cash flows from financing activities |
|
|
| Issue of ordinary shares, net of cost |
82 |
43 |
| Purchase of treasury shares |
— |
(724) |
| Lease liability repaid |
(18) |
(16) |
| Repayments of borrowings |
(136) |
— |
| Proceeds from borrowings |
176 |
579 |
| Dividends paid to company's shareholders |
(1 920) |
(7 822) |
| Net cash used in financing activities |
(1 816) |
(7 940) |
| Net (decrease)/increase in cash and cash equivalents |
502 |
(7 159) |
| Cash and cash equivalents at beginning of year |
3 348 |
10 393 |
| Effect of exchange rate changes on cash and cash equivalents held in foreign currencies |
8 |
114 |
| Cash and cash equivalents at end of year |
3 858 |
3 348 |
