| SA rand |
|
|
|
US dollar |
| 2010 |
2011 |
|
Figures in million |
Note |
2011 |
2010 |
| |
|
|
Cash flow from operating activities |
|
|
|
| 1 611 |
2 418 |
|
Cash generated by operations |
33 |
346 |
214 |
| 184 |
138 |
|
Interest received |
|
20 |
25 |
| 3 |
2 |
|
Dividends received |
|
– |
– |
| (90) |
(134) |
|
Interest paid |
|
(19) |
(12) |
| (125) |
(45) |
|
Income and mining taxes paid |
|
(7) |
(17) |
| 1 583 |
2 379 |
|
Cash generated by operating activities |
|
340 |
210 |
| |
|
|
Cash flow from investing activities |
|
|
|
| (5) |
(10) |
|
Increase in amounts invested in environmental trusts |
|
(1) |
(1) |
| 15 |
116 |
|
Decrease in restricted cash |
|
17 |
2 |
| – |
229 |
|
Proceeds on disposal of Mount Magnet |
33 |
30 |
– |
| 24 |
– |
|
Proceeds on disposal of Big Bell operation |
33 |
– |
3 |
| 50 |
16 |
|
Proceeds on disposal of available-for-sale financial assets |
|
2 |
7 |
| – |
100 |
|
Prepayment for Evander 6 and Twistdraai transaction |
16 |
15 |
– |
| (280) |
– |
|
Acquisition of Steyn 2 and Target 3 |
33 |
– |
(36) |
| 5 |
12 |
|
Disposal of investments |
|
2 |
– |
| 6 |
9 |
|
Decrease in Social Trust Fund |
|
1 |
1 |
| (18) |
(16) |
|
Additions to intangible assets |
|
(2) |
(2) |
| 122 |
18 |
|
Proceeds on disposal of property, plant and equipment |
|
3 |
16 |
| (3 335) |
(3 128) |
|
Additions to property, plant and equipment |
|
(448) |
(443) |
| (3 416) |
(2 654) |
|
Cash utilised by investing activities |
|
(381) |
(453) |
| |
|
|
Cash flow from financing activities |
|
|
|
| 1 236 |
925 |
|
Borrowings raised |
|
134 |
168 |
| (391) |
(546) |
|
Borrowings repaid |
|
(81) |
(57) |
| 18 |
44 |
|
Ordinary shares issued |
|
6 |
3 |
| (213) |
(214) |
|
Dividends paid |
|
(30) |
(29) |
| 650 |
209 |
|
Cash generated/(utilised) by financing activities |
|
29 |
85 |
| 3 |
(11) |
|
Foreign currency translation adjustments |
|
13 |
6 |
| (1 180) |
(77) |
|
Net (decrease)/increase in cash and equivalents |
|
1 |
(152) |
| 1 950 |
770 |
|
Cash and equivalents – beginning of year |
|
101 |
253 |
| 770 |
693 |
|
Cash and equivalents – end of year |
|
102 |
101 |
