ANNUAL REPORT 2001 - Anglo Platinum

Group Statement of Changes in Shareholders’ EquityConsolidated Cash Flow StatementFOR THE YEAR ENDED 31 DECEMBERBALANCE AS ATNon-Share Share distributable Accumulatedcapital premium reserve profits TotalRm Rm Rm Rm Rm31 DECEMBER 1999 21,6 1 779,3 8,9 5 386,5 7 196,3Net profit attributable to ordinaryshareholders 6 918,0 6 918,0Dividends paid in cash (Note 13) (2 457,4) (2 457,4)Share capital issued 0,1 57,1 57,2Transfer (8,9) 8,9 —BALANCE AS AT31 DECEMBER 2000 21,7 1 836,4 — 9 856,0 11 714,1Net profit attributable to ordinaryshareholders 8 019,8 8 019,8Dividends paid in cash (Note 13) (6 087,4) (6 087,4)Share capital issued 0,1 70,7 70,8Repurchase of ordinary shares (0,4) (703,5) (491,8) (1 195,7)Company 2 228 267 sharesat cost (cancelled) (0,2) (701,4) (701,6)Subsidiary 1 673 400 sharesat cost (0,2) (490,2) (490,4)Associated expenditure (2,1) (1,6) (3,7)BALANCE AS AT31 DECEMBER 2001 21,4 1 203,6 — 11 296,6 12 521,6CASH FLOWS FROM OPERATING ACTIVITIES2001 2000Notes Rm RmCash receipts from customers 17 700,8 14 787,4Cash paid to suppliers and employees (5 122,3) (5 872,2)Cash from operations 30 12 578,5 8 915,2Interest paid (19,9) (6,8)Taxation paid 31 (2 588,7) (962,7)Net cash from operating activities 9 969,9 7 945,7CASH FLOWS USED IN INVESTING ACTIVITIESPurchase of property, plant and equipment 32 (3 586,1) (1 919,7)To maintain operations (1 117,7) (569,3)To expand operations (2 468,4) (1 350,4)Proceeds from sale of plant and equipment 31,7 31,0Investment in associate (2,4) (107,0)Interest received 368,3 302,7Growth in Platinum Producers’ Environmental Trust 5,6 4,6Dividends received from associate 121,6 60,9Dividends received 1,2 3,9Net cash used in investing activities (3 060,1) (1 623,6)CASH FLOWS USED IN FINANCING ACTIVITIESProceeds from issuance of share capital 0,1 0,1Increase in share premium 70,7 57,1Own shares purchased (1 195,7)Payment of long-term borrowings (33,9) (13,6)Dividends paid 13 (6 087,4) (2 457,4)Net cash used in financing activities (7 246,2) (2 413,8)Net (decrease)/increase in cash and cash equivalents (336,4) 3 908,3Cash and cash equivalents at beginning of year 6 122,8 2 214,5Cash and cash equivalents at end of year 21 5 786,4 6 122,8124