XML 120 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended 12 Months Ended
Dec. 31, 2010
Dec. 31, 2012
Dec. 31, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATIONS        
Profit or loss for the period $ 65.9 $ 652.5 $ 953.0 $ 470.3
Reconciled to net cash provided by operations:        
- Share of equity investees' (profits)/losses (4.9) 51.7 (4.0) 22.7
- Impairment of investment in equity investee     6.8  
- Income and mining tax expense 133.8 291.9 552.0 358.4
- Royalties 43.3 151.2 149.7  
- (Profit)/loss on disposal of listed investments 0.4 (27.6) (12.8) (111.7)
- Impairment of listed investments   10.5 0.5 8.1
- Impairment of assets    41.6 9.5   
- Depreciation and amortization 389.4 729.9 745.3 631.1
- Loss/(profit) on disposal of property, plant and equipment (0.7) (0.5) 0.4 (0.3)
- Share-based compensation 27.0 77.7 66.4 53.9
- Accretion expense on provision for environmental rehabilitation 10.9 28.2 24.9 19.3
- Increase/(decrease) in provision for post-retirement health care costs (0.1) 0.3 0.1 (9.4)
- Finance expense capitalized (4.7) (13.0) (9.3) (6.5)
- South African Equity Empowerment Transactions 297.6      
- Other 6.2 (20.1) (16.5) (54.1)
- Cash portion of share of equity investee loss   (50.1)    
- Payment against post-retirement health care provision (0.6) (0.1) (0.3) (0.3)
Changes in operating assets and liabilities:        
- Receivables (37.0) (151.8) 22.1 94.4
- Inventories and heap leach pads (25.7) (93.4) (165.2) (43.4)
- Accounts payable and provisions 58.5 86.1 62.8 (41.7)
- Royalties paid (44.5) (163.0) (125.1)  
- Income and mining taxes paid (106.5) (455.1) (352.8) (227.9)
NET CASH PROVIDED BY OPERATIONS 808.3 1,146.9 1,907.5 1,162.9
CASH FLOWS FROM INVESTING ACTIVITIES        
Additions to property, plant and equipment (593.6) (1,322.8) (1,153.0) (913.1)
Proceeds on disposal of property, plant and equipment 5.3 2.0 5.3 1.2
Royalty termination       (257.1)
Purchase of Glencar asset       (43.0)
Purchase of listed investments (9.4) (0.8) (0.1) (13.5)
Proceeds on sale of listed investments 0.4 65.4 13.7 385.8
Investment in environmental trust funds (15.4) (6.3) (16.2) (12.3)
NET CASH UTILIZED IN INVESTING ACTIVITIES (666.7) (1,372.5) (1,223.3) (852.0)
CASH FLOWS FROM FINANCING ACTIVITIES        
Long and short-term loans raised 1,543.8 1,451.0 1,167.9 1,619.9
Long and short-term loans repaid (1,330.8) (975.9) (654.6) (1,637.5)
(Repayment)/utilization of bank overdraft       (9.7)
Decrease in noncontrolling interests funding (2.9)     (15.4)
Increase in noncontrolling interests funding 9.3 27.7 31.0  
Purchase of noncontrolling interests   (10.8) (1,055.6)  
Dividends paid to Company shareholders (67.4) (364.2) (174.9) (118.1)
Dividends paid to noncontrolling interests (20.2) (11.5) (41.9) (23.1)
Payment to South African Equity interests in South Deep   (2.5) (3.0)  
Ordinary shares issued 5.4 2.0 6.5 7.4
NET CASH PROVIDED BY/(UTILIZED IN) FINANCING ACTIVITIES 137.2 115.8 (724.6) (176.5)
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS 30.0 21.4 (25.1) 8.8
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS 308.8 (88.4) (65.5) 143.2
CASH AND CASH EQUIVALENTS - beginning of the year 500.7 744.0 809.5 357.5
CASH AND CASH EQUIVALENTS - end of year 809.5 655.6 744.0 500.7
Far Southeast (FSE) Deposit
       
CASH FLOWS FROM INVESTING ACTIVITIES        
Investment (54.0) (110.0) (66.0)  
Mankayan Project-Bezant Resources
       
CASH FLOWS FROM INVESTING ACTIVITIES        
Investment     $ (7.0)