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CONSOLIDATED STATEMENT OF CASHFLOWS - ZAR (R)
R in Millions
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES      
Cash generated from operations R 1,309.6 R 282.0 R 222.9
Finance income received 63.8 16.8 21.9
Dividend received 4.3 0.0 0.0
Finance expenses paid (8.7) (9.3) (3.5)
Income tax paid (240.1) (1.2) (7.5)
Net cash inflow from operating activities 1,128.9 288.3 233.8
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisition of property, plant and equipment (181.1) (347.4) (125.9)
Environmental rehabilitation payments to reduce decommissioning liabilities (22.1) (16.6) (21.5)
Proceeds on disposal of property, plant and equipment 0.7 5.8 7.0
Funds received from environmental obligation funds 0.0 55.2 0.0
Net cash outflow from investing activities (202.5) (303.0) (140.4)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issue of shares 1,085.6 0.0 0.0
Share issue expenses (0.5) (0.3) 0.0
Acquisition of treasury shares 0.0 (0.3) 0.0
Dividends paid on ordinary shares (564.5) 0.0 (42.2)
Borrowings raised 0.0 192.0 0.0
Borrowings paid 0.0 (192.0) 0.0
Initial fees incurred on borrowings 0.0 (3.6) 0.0
Repayment of lease liabilities (2019: repayment of finance lease obligations) (11.4) (3.7) (2.8)
Net cash inflow/(outflow) from financing activities 509.2 (7.9) (45.0)
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 1,435.6 (22.6) 48.4
Cash and cash equivalents at the beginning of the year 279.5 302.1 253.7
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR R 1,715.1 R 279.5 R 302.1