| |
|
| Group cash flow statement for
the year ended 31 December 2003 |
| |
| 2002 |
2003 |
|
Figures
in million |
Notes |
|
2003 |
2002 |
| |
|
|
Cash flows from operating activities |
|
|
|
|
| 19,020 |
15,712 |
|
Cash receipts from customers |
|
|
2,075 |
1,808 |
| (10,765) |
(11,185) |
|
Cash paid to suppliers and employees |
|
|
(1,483) |
(1,050) |
 |
|
|
|
|
|
|
|
| 8,255 |
4,527 |
|
Cash generated from operations |
33 |
|
592 |
758 |
| 331 |
245 |
|
Interest received |
|
|
33 |
32 |
| (169) |
(232) |
|
Environmental contributions and expenditure |
|
|
(31) |
(16) |
| 19 |
9 |
|
Dividends received from associates |
19 |
|
1 |
2 |
| (410) |
(291) |
|
Finance costs |
|
|
(40) |
(40) |
| ? |
681 |
|
Recoupments tax received: Free State
assets |
|
|
91 |
? |
| ? |
(681) |
|
Recoupments tax paid: Free State assets |
|
|
(91) |
? |
| (1,376) |
(780) |
|
Taxation paid |
|
|
(102) |
(131) |
|
|
|
|
|
|
|
|
|
| 6,650 |
3,478 |
|
Net cash inflow from operating activities |
|
|
453 |
605 |
|
|
|
|
|
|
|
|
|
| |
|
|
Cash flows from investing activities(1) |
|
|
|
|
| |
|
|
Capital expenditure |
17 |
|
|
|
| (1,844) |
(1,622) |
|
? to expand operations |
|
|
(215) |
(176) |
| (998) |
(1,122) |
|
? to maintain operations |
|
|
(148) |
(95) |
| 11 |
38 |
|
Proceeds from disposal of mining assets |
|
|
6 |
1 |
| 1,544 |
? |
|
Net proceeds from disposal of mines |
34 |
|
? |
140 |
|
|
|
|
|
|
|
|
|
| 1,813 |
? |
|
Proceeds |
|
|
? |
164 |
| (269) |
? |
|
Contractual obligations |
|
|
? |
(24) |
|
|
|
|
|
|
|
|
|
| (355) |
(8) |
|
Other investments acquired |
|
|
(1) |
(34) |
| 1,829 |
423 |
|
Proceeds from disposal of investments |
|
|
56 |
158 |
| (1,060) |
? |
|
Acquisition of shares |
|
|
? |
(105) |
| ? |
8 |
|
Disposal of subsidiary |
34 |
|
1 |
? |
| (51) |
(133) |
|
Loans advanced |
|
|
(19) |
(5) |
| 175 |
29 |
|
Repayment of loans advanced |
|
|
4 |
17 |
|
|
|
|
|
|
|
|
|
| (749) |
(2,387) |
|
Net cash outflow from investing activities |
|
|
(316) |
(99) |
|
|
|
|
|
|
|
|
|
| |
|
|
Cash flows from financing activities |
|
|
|
|
| 156 |
63 |
|
Proceeds from issue of share capital |
|
|
10 |
18 |
| (116) |
(2) |
|
Share issue expenses |
|
|
? |
(11) |
| 8,599 |
2,678 |
|
Proceeds from borrowings |
|
|
362 |
798 |
| (9,789) |
(1,241) |
|
Repayment of borrowings |
|
|
(165) |
(912) |
| (2,821) |
(2,476) |
|
Dividends paid |
|
|
(314) |
(260) |
|
|
|
|
|
|
|
|
|
| (3,971) |
(978) |
|
Net cash outflow from financing activities |
|
|
(107) |
(367) |
|
|
|
|
|
|
|
|
|
| 1,930 |
113 |
|
Net increase in cash and cash equivalents |
|
|
30 |
139 |
| 81 |
58 |
|
Cash in the subsidiary acquired(1) |
|
|
9 |
8 |
| (751) |
(348) |
|
Translation |
|
|
53 |
75 |
| 2,284 |
3,544 |
|
Cash and cash equivalents at beginning
of year |
|
|
413 |
191 |
|
|
|
|
|
|
|
|
|
| 3,544 |
3,367 |
|
Cash and cash equivalents at end of
year |
26 |
|
505 |
413 |
|
| |
| (1) |
Where the presentation
or classification of an item has been amended, comparative
amounts have been reclassified to ensure comparability
with the current period. The amendments have been made
to provide the users of the financial statements with
additional information. |
|
| |
|
|
|
