| 31 March | 31 March | |||
| 2011 | 2010 | |||
| Notes | R’m | R’m | ||
| Cash flows from operating activities | ||||
| Cash from operations | 30 | 7 276 | 7 266 | |
| Dividends received from investments and equity-accounted companies | 616 | 487 | ||
| Cash generated from operating activities | 7 892 | 7 753 | ||
| Interest income received | 405 | 408 | ||
| Interest costs paid | (1 044) | (753) | ||
| Taxation paid | (1 983) | (1 786) | ||
| Net cash generated from operating activities | 5 270 | 5 622 | ||
| Cash flows from investing activities | ||||
| Property, plant and equipment acquired | (1 668) | (1 590) | ||
| Proceeds from sale of property, plant and equipment | 78 | 55 | ||
| Insurance proceeds received | 186 | 327 | ||
| Intangible assets acquired | (162) | (280) | ||
| Proceeds from sale of intangible assets | 11 | 85 | ||
| Acquisition of subsidiaries | 31 | (1 944) | (3 045) | |
| Disposal of subsidiaries | 32 | — | 403 | |
| Dilution of subsidiaries | 33 | 65 | — | |
| Acquisition of joint ventures | 34 | (16) | (31) | |
| Partial disposal of interest in joint ventures | 63 | — | ||
| Acquisition of associates | 35 | (3 065) | (45) | |
| Disposal of associates | 215 | 1 | ||
| Additional investment in existing associates | — | (842) | ||
| Partial disposal of associates underlying investment | 58 | — | ||
| Preference dividends received | 503 | 164 | ||
| Cash movement in other investments and loans | (102) | 46 | ||
| Net cash utilised in investing activities | (5 778) | (4 752) | ||
| Cash flows from financing activities | ||||
| Proceeds from long-term loans raised | 6 826 | 2 690 | ||
| Repayments of long- and short-term loans | (2 326) | (547) | ||
| Additional investment in existing subsidiaries | (20) | (240) | ||
| Repayments of capitalised finance lease liabilities | (329) | (346) | ||
| Payments to finance share-based compensation expenses | (89) | (613) | ||
| Dividends paid by subsidiaries to non-controlling shareholders | (667) | (320) | ||
| Dividend paid by holding company | (882) | (773) | ||
| Other | — | (20) | ||
| Net cash generated from/(utilised in) financing activities | 2 513 | (169) | ||
| Net increase in cash and cash equivalents | 2 005 | 701 | ||
| Foreign exchange translation adjustments on cash and cash equivalents | (431) | (678) | ||
| Cash and cash equivalents at beginning of the year | 5 827 | 5 725 | ||
| Cash and cash equivalents classified as held-for-sale at beginning of the year | — | 79 | ||
| Cash and cash equivalents at end of the year | 36 | 7 401 | 5 827 |
| The accompanying notes are an integral part of these consolidated annual financial statements. |
