Cash flow statement

R millions	Notes	2009	2008
Cash flows from operating activities
Profit before tax		9 393	22 817
Adjustments to profit before tax	34	(1 260)	(3 208)
Cash from changes in working capital	34	1 446	(3 105)
Exploration costs	27	(83)	(91)
Finance cost		(122)	(92)
Income tax paid	20	(2 867)	(5 080)
Net cash from operating activities		6 507	11 241
Cash flows from investing activities
Purchase of property, plant and equipment		(6 791)	(5 291)
Proceeds from sale of property, plant and equipment	28	51	49
Increase in investments in associates	9	–	(9)
Proceeds from investments disposed	8	–	5 692
Purchase of listed investments		(6)	(39)
Payment received from associate on shareholders loan		96	235
Loan repayments received		9	–
Realisation of held-to-maturity investment		–	83
Finance income		915	559
Net cash (used in)/from investing activities		(5 726)	1 279
Cash flows from financing activities
Issue of ordinary shares, net of cost	15	43	190
Purchase of treasury shares	15	(724)	(254)
Lease liability repaid		(16)	(21)
Repayments of borrowings		–	(6)
Proceeds from borrowings		579	691
Dividends paid to company's shareholders	33	(7 822)	(6 055)
Net cash used in financing activities		(7 940)	(5 455)
Net (decrease)/increase in cash and cash equivalents		(7 159)	7 065
Cash and cash equivalents at beginning of year	14	10 393	3 218
Effects of exchange rate changes on monetary assets		114	110
Cash and cash equivalents at end of year	14	3 348	10 393

The notes are an integral part of these consolidated financial statements.