Basil Read  
ANNUAL REPORT 2009
Milestones in time
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Consolidated statement of cash flow  
for the year ended 31 December 2009  
   
  Notes     2009  
R’000  
  2008  
R’000  
CASH FLOW FROM OPERATING ACTIVITIES       251 638     599 194  
Cash generated by operating activities   31     502 337     702 090  
Net finance income/(costs)   10     3 019     (12 314) 
Dividends paid   32     (50 623)    (38 423) 
Taxation paid   33     (203 095)    (52 159) 
CASH FLOW FROM INVESTING ACTIVITIES       (141 077)    (171 681) 
Acquisitions of property, plant and equipment       (125 051)    (182 850) 
Proceeds on disposal of property, plant and equipment       35 997     23 100  
Acquisition of subsidiaries   42     (53 520)    (18 944) 
Formation of subsidiary       198     –  
Disposal of subsidiaries   43     14 873     –  
Advances (made to)/recovered from jointly controlled entities   16     (585)    6 775  
Advances recovered from associates   17     6 238     87  
Acquisition of available-for-sale financial asset   19     (19 227)    –  
Proceeds on disposal of available-for-sale financial asset   19     –     151  
CASH FLOW FROM FINANCING ACTIVITIES       167 487     81 473  
Proceeds from/(repayments of) interest-bearing borrowings       181 853     (93 577) 
Repayments of other borrowings       (14 376)    (4 513) 
Proceeds from issue of shares – net of costs       10     179 563  
MOVEMENT IN CASH AND CASH EQUIVALENTS       278 048     508 986  
CASH AND CASH EQUIVALENTS – AT THE BEGINNING OF THE YEAR       943 757     434 771  
CASH AND CASH EQUIVALENTS – AT THE END OF THE YEAR   24     1 221 805     943 757  
 
   
 
 
 
       
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