Summarised consolidated statement of cash flow

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   For the year ended     
   31 December 2015 
Audited 
R’000
 
   31 December 2014 
Audited 
R’000
 
  
Profit before taxation  479 174     300 635    
Interest paid  65 008     52 372    
Interest received  (1 943)    (1 077)   
Depreciation and impairment  273 753     237 335    
Adjusted for non-cash items  36 533     8 579    
Adjusted for working capital changes  201 870     (201 926)   
Cash flows from operations  1 054 395     395 918    
Interest paid  (41 201)    (43 915)   
Interest received  1 460     1 047    
Tax paid  (58 972)    (46 985)   
Cash flows from operating activities  955 682     306 065    
Cash flows from investing activities  (303 457)    (437 001)   
Proceeds on disposal of property, plant and equipment  48     6 311    
Acquisition of property, plant and equipment – sustaining  (259 185)    (247 359)   
Acquisition of property, plant and equipment – expansionary  (44 320)    (195 953)   
Cash flows from financing activities  (105 234)    7 272    
Share grants vested  (2 888)    (6 471)   
Proceeds from issue of shares       6 790    
Dividends paid  (45 192)    (27 952)   
Loans (repaid)/raised during the year  (57 154)    34 905    
Net increase/(decrease) in cash and cash equivalents  546 991     (123 664)   
Cash and cash equivalents at the beginning of the year  (162 468)    (10 746)   
Effect of exchange rate fluctuations on cash held  (74 953)    (28 058)   
Cash and cash equivalents at the end of the year  309 570     (162 468)