Financial statements > Group financial statements > Group cash flow statement

GROUP Cash flow STATEMENT
for the year ended 31 December 2015

  Notes  2015 
R'000 
2014 
R'000 
CASH FLOWS FROM OPERATING ACTIVITIES 
Cash generated before working capital changes  25  540 224  732 240 
Changes in working capital  26  (279 771) (78 854)
Cash generated from operations  260 453  653 386 
Interest paid  (89 028) (53 079)
Interest received  2 085  2 453 
Income tax payment  (49 735) (84 714)
Net cash inflow from operating activities  123 775  518 046 
CASH FLOWS FROM INVESTING ACTIVITIES 
Additions to property, plant and equipment  3  (472 358) (305 572)
Acquisition of business  11  (100 170) – 
Additions to intangible assets  (15 480) (29 992)
Proceeds on disposal of property, plant and equipment  44 679  206 
Net cash outflow from investing activities  (543 329) (335 358)
CASH FLOWS FROM FINANCING ACTIVITIES 
Proceeds from non-current borrowings  13  270 000  – 
Proceeds from/(repayment of) current borrowings  89 257  (118 338)
Redemption of A ordinary shares  –  (3 624)
Ordinary shares issued  –  34 
Settlement of employee share incentives  (24 397) (2 796)
Proceeds to settle equity option  4 000  – 
Dividends paid  (105 459) – 
Net cash inflow/(outflow) from financing activities  233 401  (124 724)
Net (decrease)/increase in cash and cash equivalents  (186 153) 57 964 
Cash and cash equivalents at beginning of year  249 106  192 800 
Deconsolidation of structured entity  –  (1 658)
Effects of exchange rate changes on cash and cash equivalents  7 205  – 
Cash and cash equivalents at end of year  10  70 158  249 106