Annual Report 2004
  Home   Overview   Accountability   Review of Operations  

Financials & Shareholders' Information

  

Financials & Shareholders' Information

Annual financial statements

Consolidated cash flow statement 

Implats group - Year ended 30 June 2004

 
 Year ended 30 June
(All amounts in Rand millions unless otherwise stated)Notes20042003
 
 
Cash flows from operating activities
Cash generated from operations353 140.1 4 335.3
Interest paid28(63.0) (20.7)
Income tax paid(1 264.5) (1 823.5)
Net cash from operating activities1 812.6 2 491.1
 
Cash flows from investing activities
Acquisition of interest in subsidiary and joint venture, net of cash acquired38(631.9) (110.4)
Disposal of subsidiary, net of cash sold30388.6-
Purchase of property, plant and equipment5 (1 824.7) (1 754.9)
Proceeds from sale of property, plant and equipment57.8 43.3
Increase in investments in associates6(42.0) 492.8
Purchase of unlisted investments7(14.7) -
Loan repayments received9- 18.5
Payments made to environmental trust18(8.3) (8.9)
Interest received85.7 301.4
Dividends received295.8 192.4
Net cash used in investing activities(1 743.7) (825.8)
 
Cash flows from financing activities
Issue of ordinary shares25.2 14.9
Proceeds from/(repayments of) short-term borrowings15380.9 (152.7)
Repayments of long-term borrowings15(74.7) (23.6)
Dividends paid to company's shareholders(1 498.0) (2 329.7)
Net cash used in financing activities(1 166.6) (2 491.1)
 
Net decrease in cash and cash equivalents (1 097.7) (825.8)
 
Cash and cash equivalents at beginning of year 122 324.5 3 150.3
 
Effects of exchange rate changes on monetary assets(39.8) -
 
Cash and cash equivalents at end of year 121 187.0 2 324.5
 
The notes on pages 96 to 135 are an integral part of these consolidated financial statements.
 
^Back to top...

 

Impala Platinum Holdings Limited
Annual Report 2004