| |
|
|
| |
| |
Notes |
2009
R’million |
2008
R’million |
| CASH FLOWS FROM OPERATING ACTIVITIES |
|
|
|
| Cash generated from operations |
A |
(906,9) |
136,4 |
| Financing costs paid |
B |
(39,3) |
(24,0) |
| Investment income received |
C |
2 735,5 |
1 769,4 |
| Tax paid |
D |
(62,1) |
(31,7) |
| Net cash generated from operating activities |
|
1 727,2 |
1 850,1 |
| CASH FLOWS FROM INVESTING ACTIVITIES |
|
|
|
| Replacement capital expenditure – property, plant and equipment |
|
(0,2) |
— |
| Expansion capital expenditure – property, plant and equipment |
|
(0,3) |
(0,8) |
| Expansion capital expenditure – intangible assets |
|
(8,1) |
(1,8) |
| Proceeds on disposal of intangible assets |
|
— |
51,6 |
| Decrease in other non-current financial receivables |
|
1,4 |
1,2 |
| Increase in investments in subsidiaries and joint ventures |
|
(1 594,1) |
(1 617,7) |
| Movement in loans owing by Group companies |
|
(28,3) |
(73,6) |
| Redemption of investment in preference shares |
|
— |
376,8 |
| Net cash used in investing activities |
|
(1 629,6) |
(1 264,3) |
| CASH FLOWS FROM FINANCING ACTIVITIES |
|
|
|
| Repayment of borrowings |
|
— |
(105,4) |
| Repayment of deferred-payables |
|
— |
(50,0) |
| Proceeds from issue of ordinary shares |
|
90,6 |
56,1 |
| Treasury shares cancelled |
|
(5,4) |
— |
| Capital distribution paid |
|
— |
(273,2) |
| Movement in loans owing to Group companies |
|
(8,5) |
(0,5) |
| Net cash generated from/(used in) financing activities |
|
76,7 |
(373,0) |
| CASH AND CASH EQUIVALENTS |
|
|
|
| Movement in cash and cash equivalents |
|
174,3 |
212,8 |
| Cash and cash equivalents at the beginning of the year |
|
639,9 |
427,1 |
| Cash and cash equivalents at the end of the year |
|
814,2 |
639,9 |
|
|
|
| |
|
|
|
