Currently viewing: SUMMARISED CONSOLIDATED STATEMENT OF CASH FLOW / Next: ADMINISTRATION
Summarised consolidated statement of cash flow
for the year ended 31 December
| |
31 December 2014
Audited
R’000 |
|
31 December 2013
Audited
R’000 |
|
| Profit before taxation |
300 635 |
|
287 379 |
|
| Interest paid |
52 372 |
|
19 942 |
|
| Interest received |
(1 077) |
|
(2 661) |
|
| Depreciation and impairment |
237 335 |
|
252 990 |
|
| Adjusted for non-cash items |
4 890 |
|
6 124 |
|
| Adjusted for working capital changes |
(198 237) |
|
(61 699) |
|
| Cash flows from operations |
395 918 |
|
502 075 |
|
| Interest paid |
(43 915) |
|
(19 942) |
|
| Interest received |
1 047 |
|
2 512 |
|
| Tax (paid) refunded |
(46 985) |
|
1 961 |
|
| Cash flows from operating activities |
306 065 |
|
486 606 |
|
| Cash flows from investing activities |
(437 001) |
|
(605 178) |
|
| Proceeds on disposal of property, plant and equipment |
6 311 |
|
113 |
|
| Acquisition of property, plant and equipment – sustaining |
(247 359) |
|
(208 147) |
|
| Acquisition of property, plant and equipment – expansionary |
(195 953) |
|
(397 144) |
|
| Cash flows from financing activities |
7 272 |
|
70 568 |
|
| Share grants vested |
(6 471) |
|
(999) |
|
| Proceeds from issue of shares |
6 790 |
|
428 |
|
| Dividend paid |
(27 952) |
|
– |
|
| Loan raised during the year |
34 905 |
|
71 139 |
|
 |
|
|
|
|
| Net decrease in cash and cash equivalents |
(123 664) |
|
(48 004) |
|
| Cash and cash equivalents at the beginning of the year |
(10 746) |
|
82 643 |
|
| Effect of exchange rate fluctuations on cash held |
(28 058) |
|
(45 385) |
|
| Cash and cash equivalents at the end of the year |
(162 468) |
|
(10 746) |
|
|
