<% FROM="\InformationForInvestors\AnnualReport98\pages\cashi.htm" SITE="anglogold-main" %> IAS financial statements - Group cash flow statement

IAS financial statements

 

Group cash flow statement
for the year 1998
Figures in million

 


1997* 1998 Notes 1998 1997*

SA Rand

US Dollars

Cash flows from operating activities
1 615,7 2 786,1 Cash generated from operations 23 501.5 357.7
304,4 246,4 Interest received 44.6 64.9
(33,8) (94,4) Interest paid (17.1) (7.2)
40,8 39,7 Dividends received 7.2 8.7
(1 366,5) (1 414,3) Dividends paid (258.0) (307.5)
(733,1) (614,8) Mining and normal taxation paid (112.1) (158.6)


(172,5) 948,7 Net cash inflow/(outflow) from operating activities 166.1 (42.0)


Cash flows from investing activities
(1 009,4) (1 012,0) Purchase of mining assets (184.6) (219.3)
103,5 413,6 Proceeds from sale of mining assets 75.4 16.8
(136,0) (33,7) Investments acquired (6.1) (29.4)
3,6 41,4 Proceeds from sale of investments 7.6 0.9


(1 038,3) (590,7) Net cash outflow from investing activities (107.7) (231.0)


Cash flows from financing activities
? 2,9 Proceeds from issue of share capital 0.5 ?
(1,1) (113,4) Formation and share issue expenses (20.7) (0.2)
126,3 69,4 Proceeds from borrowings 12.7 27.3
? (92,9) Repayment of borrowings (16.9) ?
? (70,5) Loans advanced (12.9) ?


125,2 (204,5) Net cash (outflow)/inflow from financing activities (37.3) 27.1


(1 085,6) 153,5 Net increase/(decrease) in cash and cash equivalents 21.1 (245.9)
Translation adjustment (36.1) 4.4
2 250,1 1 164,5 Cash and cash equivalents at beginning of year 239.1 480.6

1 164,5 1 318,0 Cash and cash equivalents at end of year 224.1 239.1

* Refer to note on income statement

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