Summarised audited results
for the 12 months ended 30 June 2021

2021
Imperial is your 'Gateway to Africa'
Imperial is your 'Gateway to Africa'

Summarised consolidated statement of cash flowsfor the year ended 30 June 2021

Excel file 32KB
R million  2021  2020 
Cash flows from operating activities 
Cash generated by operations before movements in net working capital  4 908  4 536 
Movements in net working capital  (1 046) 559 
Cash generated by operations before interest and taxes paid  3 862  5 095 
Net interest paid  (707) (918)
Tax paid  (519) (367)
2 636  3 810 
Cash flows from investing activities 
Net disposal (acquisition) of subsidiaries and businesses  4 195  (276)
Expansion capital expenditure  (554) (747)
Net replacement capital expenditure  (179) (735)
Net movement in associates and joint ventures  (69) 45 
Net movement in investments, loans and non-current financial instruments  (80) (59)
3 313  (1 772)
Cash flows from financing activities 
Hedge cost premium paid  (4) (2)
Settlement of interest-rate swap instruments  (46) (11)
Repurchase of ordinary shares  (101) (225)
Dividends paid  (279) (658)
Cash paid on change in non-controlling interests  (122) (277)
Net (decrease) increase in interest-bearing borrowings  (5 922) 2 828 
Payments of lease obligations  (1 801) (2 032)
(8 275) (377)
Net (decrease) increase in cash resources  (2 326) 1 661 
Effects of exchange rate changes on cash resources in a foreign currency  (25) 279 
Cash resources at beginning of year  3 586  1 646 
Cash resources at end of year  1 235  3 586 
Free cash flow  656  1 043