Statement of cash flowsfor the year ended 31 December

		Group		Company
R'000	Notes	2024	2023	2024	2023 Restated*
Cash flows from operating activities
Cash generated from operations	26	2 067 819	2 404 525	1 027 269	803 050
Dividends received from associate	6	1 596	11 642	–	–
Finance income received	22	66 359	37 721	435	468
Finance expense paid	23	(2 164)	(3 901)	–	–
Taxation paid	12	(356 374)	(570 661)	–	–
Net cash from operating activities		1 777 236	1 879 326	1 027 704	803 518
Cash flows from investing activities
Acquisition of property, plant and equipment – sustaining	3	(608 373)	(617 551)	(342)	(48)
Acquisition of property, plant and equipment – expansionary	3	(53 819)	(53 814)	–	–
Proceeds from the sale of property, plant and equipment		644	–	–	–
Proceeds from the sale of land and mineral rights		7 894	–	–	–
Loan to subsidiary – repaid by subsidiary		–	–	64 358	48 670
Loan to subsidiary – advanced by company		–	–	(37 638)	(26 098)
Other long-term receivable advanced	40	(3 501)	–	(3 501)	–
Net cash from investing activities		(657 155)	(671 365)	22 877	22 524
Cash flows from financing activities
Repayment of capital portion on lease liabilities		(3 186)	(3 884)	–	–
Dividends	38	(1 049 633)	(824 712)	(1 049 633)	(824 712)
Net cash from financing activities		(1 052 819)	(828 596)	(1 049 633)	(824 712)
Total cash movement for the year		67 262	379 365	948	1 330
Cash at the beginning of the year		1 655 807	1 268 599	1 732	402
Effect of exchange rate movement on cash balances	20	71 842	7 843	–	–
Total cash at the end of the year	13	1 794 911	1 655 807	2 680	1 732

The comparative of the Company has been restated to correct the presentation of the loan to subsidiary. The loan to subsidiary was incorrectly presented as a net cash flow movement from investing activities and has now been reclassified to present the gross cash flows for the repayment and advancement of the loan to subsidiary. Refer to note 42.