Annual Report 2010 Annual Report 2010

Group cash flow statements

For the years ended 30 June 2010
SA rand  US dollar
20092010Figures in millionNote20102009
  Cash flow from operating activities   
2 8131 611Cash generated by operations31214319
455184Interest received 2551
23Dividends received 
(280)(90)Interest paid (12)(31)
(704)(125)Income and mining taxes paid (17)(85)
2 2861 583Cash generated by operating activities 210254
  Cash flow from investing activities   
(5)Increase in amounts invested in environmental trusts (1)
(83)15Decrease/(increase) in restricted cash 2(9)
24Proceeds on disposal of Big Bell operation 3
(280)Acquisition of Steyn 2 & Target 331(36)
1 839Proceeds on disposals of Papua New Guinea joint venture31235
  Proceeds on disposals of Randfontein   
2 135Cooke assets31209
50Proceeds on disposal of available-for-sale financial assets 7
(38)(18)Increase in intangible assets (2)(4)
(41)11Decrease/(increase) in other non-current investments 1(4)
55122Proceeds on disposal of property, plant and equipment 166
(3 050)(3 335)Additions to property, plant and equipment (443)(339)
817(3 416)Cash (utilised)/generated by investing activities (453)94
  Cash flow from financing activities   
1 236Borrowings raised 168
(3 738)(391)Borrowings paid (57)(427)
1 95318Ordinary shares issued 3194
(213)Dividends paid (29)
(1 785)650Cash generated/(utilised) by financing activities 85(233)
2173Foreign currency translation adjustments 685
1 535(1 180)Net (decrease)/increase in cash and equivalents (152)200
4151 950Cash and equivalents – beginning of period 25353
1 950770Cash and equivalents – end of period 101253

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

HARMONY ANNUAL REPORT 2010