| (All amounts in rand millions unless otherwise stated) | Notes | 2007 | 2006 |
|---|---|---|---|
| Cash flows from operating activities | |||
| Cash generated from operations | 15 | 3,087.9 | 6,305.7 |
| Taxation paid | (8.1) | (4.1) | |
| Net cash from operating activities | 3,079.8 | 6,301.6 | |
| Cash flows from investing activities | |||
| Increase in investments in associates | (119.0) | (151.7) | |
| Payment received from associate on shareholders loan | 258.9 | – | |
| Purchase of investments in subsidiaries | – | (1.5) | |
| Loans to subsidiaries | (15,375.4) | (882.7) | |
| Interest received | 11 | 58.2 | 0.2 |
| Dividends received | 11 | 15.3 | 7.1 |
| Net cash from investing activities | (15,162.0) | (1,028.6) | |
| Cash flows from financing activities | |||
| Issue of ordinary shares net of cost | 6 | 15,193.9 | 194.9 |
| Dividends paid to shareholders | 14 | (3,111.7) | (5,467.9) |
| Net cash used in financing activities | 12,082.2 | (5,273.0) | |
| Cash and cash equivalents at end of year | 0.0 | 0.0 |
The notes are an integral part of these company financial statements.
Impala Platinum Holdings Limited — Annual Report 2007