Earnings releases


Audited Results & Final Dividend Declaration for the year ended 31 December 2001


CASH FLOW STATEMENT
Rmillion  2001  2000
  Restated

Earnings before exceptional items  829  654
Depreciation  159  142
Exchange rate translation gain  (255)  (54)
Other non-cash items  1
Tax payments  (19)  (38)
Change in working capital  44  (325)
Dividends paid  (214)  (209)
 

Cash flow from operating activities  553  171
 
Property, plant and equipment:
   New project expenditure  (232)  (349)
   Replacement expenditure  (46)  (44)
Net proceeds on disposal of:
   Property, plant and equipment  33  68
   Non-core operations  111
Investments  (60)  (7)
 

Net cash flow  359  (161)
 
Borrowings repaid  (242)  (5)
Shares issued  1
 

Net movement in cash resources  126  (165)
Cash resources at beginning of year  699  810
Exchange rate translation gain  255  54
AC 133 adjustment  45
 

Cash resources at end of year  1 125  699