Annual financial statements 2008
 
   
   
 
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  Kumba Iron Ore Limited – Group
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  Kumba Iron Ore Limited – Company
Arrow Balance Sheet
Arrow Income Statement
Arrow Cash Flow Statement
Arrow Statement of changes in equity
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  Annexures
Arrow 1. Investments in associates, joint ventures and other investments
Arrow 2. Investments in subsidiaries
Arrow 3. Balance sheet – US Dollar convenience translation
Arrow 4. Income statement – US Dollar convenience translation
   
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Cash flow statement

for the year ended 31 December

  Rand million Notes Audited
2008
  Restated
2007
 
  Cash flows from operating activities          
  Cash receipts from customers   21,098   10,963  
  Cash paid to suppliers and employees   (6,579)   (5,158)  
  Cash generated from operations 24 14,519   5,805  
  Net finance costs paid 25 (401)   (301)  
  Taxation paid 13 (4,311)   (1,401)  
  Dividends paid 26 (3,794)   (1,353)  
      6,013   2,750  
  Cash flows from investing activities          
  Additions to property, plant and equipment 27 (2,563)   (2,119)  
  Investment in associates and joint ventures   (3)   (2)  
  Proceeds from disposal of non-current assets     26  
  Acquisition of business 28    
  Translation effects of cash flows of foreign operations 29 79   31  
      (2,487)   (2,064)  
  Cash flows from financing activities          
  Shares issued   80   53  
  Dividends paid to minority shareholders 26 (1,076)   (392)  
  Interest-bearing borrowings raised 9 3,847   1,311  
  Interest-bearing borrowings repaid 9 (3,519)   (1,800)  
      (668)   (828)  
  Net increase/(decrease) in cash and cash equivalents   2,858   (142)  
  Cash and cash equivalents at beginning of year   952   1,094  
  Cash and cash equivalents at end of year 8 3,810   952  

 

 
 
  A member of the Anglo American plc group