Statement of Cash Flows

      Group   Company  
   Note(s) 2023 
R'000 
2022 
R'000 
2023 
R'000 
2022 
R'000 
Cash flows from operating activities                
Cash generated from operations  26  2,404,525  2,134,251  803,050  844,484 
Dividend received from associate  6  11,642  –  –  – 
Finance income received     37,721  23,666  468  51 
Finance expense paid     (3,901) (3,358) –  (6)
Taxation paid  12  (570,661) (456,863) –  – 
Net cash from operating activities     1,879,326  1,697,696  803,518  844,529 
Cash flows from investing activities                
Acquisition of property, plant and equipment – sustaining  3  (617,551) (466,396) (48) (211)
Acquisition of property, plant and equipment – expansionary  3  (53,814) (17,841) –  – 
Proceeds from the sale of property, plant and equipment  3  –  697  –  – 
Settlement of loan to subsidiary     –  –  22,572  19,973 
Movement in other long-term receivable  40  –  (14,229) –  (14,229)
Net cash from investing activities     (671,365) (497,769) 22,524  5,533 
Cash flows from financing activities                
Repayment of capital portion on lease liabilities     (3,884) (4,131) –  (36)
Dividends paid  38  (824,712) (849,703) (824,712) (849,703)
Net cash from financing activities     (828,596) (853,834) (824,712) (849,739)
Total cash movement for the year     379,365  346,093  1,330  323 
Cash at the beginning of the year     1,268,599  972,129  402  79 
Effect of exchange rate movement on cash balances  20  7,843  (49,623) –  – 
Total cash at the end of the year  13  1,655,807  1,268,599  1,732  402