68 Consolidated  Statement of  Cash Flows For the year ended 30 June 2012 Note 2012  $m 2011  $m Cash flows from operating activities Receipts from customers 8,780.3  8,205.0  Payments to suppliers and employees (8,061.7) (7,620.0) Dividends received 26.7  24.3  Finance income received 24.0  37.9  Finance costs paid (122.0) (77.2) Income taxes paid (180.8) (0.7) Net cash provided by operating activities 51(a) 466.5  569.3  Cash flows from investing activities Payments for property, plant and equipment (673.3) (474.3) Payments for exploration and evaluation assets (38.3) (38.7) Payments for oil and gas assets (48.8) (50.7) Payments for interest acquired in a jointly controlled entity 18 (1.6) –  Payments for investment securities (0.1) –  Payments for intangible assets (42.9) (15.6) Payments for businesses and subsidiaries, net of cash acquired 51(b) 217.5  (5.1) Proceeds from sale of property, plant and equipment 133.4  0.1  Proceeds from sale of exploration and evaluation assets 5.4  –  Proceeds from sale of oil and gas assets 4.5  –  Proceeds from sale of investments –  0.9  Proceeds from sale of subsidiary, net of cash disposed 51(c) –  163.9  Loans advanced to related parties (87.5) –  Proceeds from repayment of related party loans 0.4  0.2  Net cash used in investing activities (531.3) (419.3) Cash flows from financing activities Proceeds from issue of shares, net of transaction costs 34 883.8  –  On-market share purchases (4.4) (6.1) Proceeds from borrowings 1,730.0  337.8  Repayment of borrowings (1,299.0) (2.5) Dividends paid 11 (185.8) (206.5) Net cash provided by financing activities 1,124.6  122.7  Net increase in cash and cash equivalents 1,059.8  272.7  Cash and cash equivalents at the beginning of the financial year 753.1  480.4  Cash and cash equivalents at the end of the financial year 51(d) 1,812.9  753.1  The statement of cash flows should be read in conjunction with the notes to the financial statements.