| 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 |
