FINANCIALS
|
Group financial statements
Group cash flow statement
| for the year ended 31 December 2004 |
| 2003 |
2004 |
|
Figures in million |
Notes |
|
2004 |
2003 |
| SA Rands |
|
|
|
|
US Dollars |
| | | Cash flows from operating activities | | | | |
| 15,712 | 15,928 | | Receipts from customers | | | 2,480 | 2,075 |
| (11,185) |
(12,423) | | Payments to suppliers and employees | | |
(1,895) | (1,483) |
| 4,527 | 3,505 | | Cash generated from operations | 34 | | 585 | 592 |
| 245 | 236 | | Interest received | | | 37 | 33 |
| (232) | (148) | | Environmental contributions and expenditure | | | (24) | (31) |
| 9 | - | | Dividends received from associates | 20 | | - | 1 |
| (291) | (465) | | Finance costs | | | (72) | (40) |
| 681 | - | | Recoupments tax received: Free State assets | | | - | 91 |
| (681) | - | | Recoupments tax paid: Free State assets | | | - | (91) |
| (780) | (218) | | Taxation paid | | | (34) | (102) |
| 3,478 | 2,910 | | Net cash inflow from operating activities | | | 492 | 453 |
| | | Cash flows from investing activities | | | | |
| | | Capital expenditure | 18 | | | |
| (1,622) | (1,645) | | -
to expand operations | | | (256) | (215) |
| (1,122) | (2,119) | | -
to maintain operations | | | (329) | (148) |
| 38 | 69 | | Proceeds from disposal of tangible assets | | | 10 | 6 |
| (8) | (127) | | Other investments acquired | | | (20) | (1) |
| 423 | - | | Proceeds from disposal of investments | | | - | 56 |
| 66 | (1,139) | | (Acquisition) disposal of subsidiaries net of cash | 35 | | (171) | 10 |
| (133) | (13) | | Loans advanced | | | (2) | (19) |
| 29 | 539 | | Repayment of loans advanced | | | 85 | 4 |
| - | (703) | | Utilised in hedge restructure | | | (123) | - |
| (2,329) | (5,138) | | Net cash outflow from investing activities | | | (806) | (307) |
| | | Cash flows from financing activities | | | | |
| 63 | 22 | | Proceeds from issue of share capital | | | 3 | 10 |
| (2) | (1) | | Share issue expenses | | | - | - |
| 2,678 | 7,236 | | Proceeds from borrowings | | | 1,077 | 362 |
| (1,241) | (5,348) | | Repayment of borrowings | | | (818) | (165) |
| (2,476) | (1,322) | | Dividends paid | | | (198) | (314) |
| - | 228 | | Proceeds from hedge restructure | | | 40 | - |
| (978) | 815 | | Net cash inflow (outflow) from financing activities | | | 104 | (107) |
| 171 | (1,413) | | Net (decrease) increase in cash and cash equivalents | | | (210) | 39 |
| (348) | (196) | | Translation | | | 17 | 53 |
| 3,544 | 3,367 | | Cash and cash equivalents at beginning of year | | | 505 | 413 |
| 3,367 | 1,758 | | Net cash and cash equivalents at end of year | 27 | | 312 | 505 |
|
Group
cash flow statement (PDF - 26.1KB)
Group
cash flow statement (XLS - 18.5KB)