| 31 March | 31 March | ||
| 2011 | 2010 | ||
| Note | R’m | R’m | |
| Cash flows from operating activities | |||
| Cash utilised in operations | 17 | (50) | (64) |
| Finance income | 80 | 150 | |
| Dividends received | 85 | — | |
| Taxation paid | (21) | (30) | |
| Net cash from operating activities | 94 | 56 | |
| Cash flows from investing activities | |||
| Preference dividends received | 11 | 20 | |
| Net cash from investing activities | 11 | 20 | |
| Cash flows from financing activities | |||
| Loans repaid by/(granted to) subsidiaries | 1 278 | (824) | |
| Proceeds from share issue | 14 | 7 | |
| Dividend paid | (905) | (794) | |
| Net cash from/(utilised in) financing activities | 387 | (1 611) | |
| Net increase/(decrease) in cash and cash equivalents | 492 | (1 535) | |
| Forex translation adjustments on cash and cash equivalents | (2) | (9) | |
| Cash and cash equivalents at beginning of the year | 197 | 1 741 | |
| Cash and cash equivalents at end of the year | 687 | 197 |
| The accompanying notes are an integral part of these company annual financial statements. |
