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Consolidated statement of cash flows - ZAR (R)
R in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Cash generated by operations R 4,414 R 18,726 R 40,746
Deferred revenue advance received 3,307 935 24
Post-retirement health care payments 0 0 (1)
Cash-settled share-based payments paid (751) (637) (272)
Payment of Marikana dividend obligation (38) (191) (225)
Additional deferred/contingent payments relating to acquisition of a business (44) (3,733) (4,545)
Change in working capital 6,853 1,750 386
Total cash generated by operations 13,741 16,850 36,113
Interest received 882 998 682
Interest paid (2,101) (1,304) (1,118)
Royalties and carbon tax paid (784) (922) (1,815)
Tax paid (1,452) (3,209) (8,866)
Dividends paid (173) (5,318) (9,453)
Net cash from operating activities 10,113 7,095 15,543
Cash flow from investing activities      
Additions to property, plant and equipment (21,569) (22,411) (15,899)
Proceeds on disposal of property, plant and equipment 129 168 191
Acquisition of subsidiaries, net of cash acquired (2,690) 471 (1,132)
Dividends received 402 449 564
Additions to other investments (465) (658) (772)
Disposals of other investments 457 202 0
Loans advanced to investee (26) 0 0
Acquisition of equity-accounted investment (35) (396) (92)
Contributions to environmental rehabilitation funds (273) (185) (86)
Payment of deferred/contingent payment (292) 0 (185)
Contributions to enterprise development fund 0 0 (10)
Cash outflow on loss of control of subsidiaries 0 0 (58)
Proceeds on disposal of Lonmin Canada 0 0 72
Proceeds from environmental rehabilitation funds 24 322 33
Net cash used in investing activities (24,338) (22,038) (17,374)
Cash flow from financing activities      
Loans raised 8,278 14,431 8,000
Loans repaid (3,335) (1,323) (8,003)
Lease payments (208) (219) (131)
Acquisition of NCI 0 (1,009) (3,363)
Proceeds from NCI on rights issue 0 1,096 0
Net cash from/(used in) financing activities 4,735 12,976 (3,497)
Net decrease in cash and cash equivalents (9,490) (1,967) (5,328)
Effect of exchange rate fluctuations on cash held (21) 1,451 1,112
Cash and cash equivalents at beginning of the year 25,560 26,076 30,292
Cash and cash equivalents at end of the year R 16,049 R 25,560 R 26,076