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Condensed Group cash flow statement for the six months ended 31 December 2023

(Rand millions unless otherwise stated)
Reviewed
six months to
31 December 2023 
Reviewed
six months to
31 December 2022 
Audited
year to
30 June
2023 
Cash generated by operations (note 7) 1 339  1 654  2 976 
Finance income  55  25  65 
Finance costs  (23) (22) (51)
Lease liability finance costs  (18) (16) (31)
Dividends paid  (290) (370) (785)
Taxation  (261) (362) (633)
Cash flow from operating activities  802  909  1 541 
Additions to property, plant and equipment  (308) (412) (671)
Dividend income from associates  –  – 
Additions to intangible assets  (5) –  (18)
Proceeds on disposal of property, plant and equipment  59  49  63 
Decrease/(increase) in long-term financial assets  33  (4)
Purchase of interest in subsidiaries and associates  (17) –  – 
Cash flow from investing activities  (238) (362) (628)
Increase in loans and borrowings  –  19  – 
Decrease in loans and borrowings  –  (15) (52)
Share scheme vesting  (12) (12) (21)
Acquisition of non-controlling interest  –  (2) (15)
Acquisitions of treasury shares  (112) (112) (152)
Lease liability payments  (31) (26) (55)
Cash flow from financing activities  (155) (148) (295)
Net movement in cash and cash equivalents for the period  409  399  618 
Cash and cash equivalents at the beginning of the period  1 049  431  431 
Cash and cash equivalents at the end of the period  1 458  830  1 049