Annual report search Financial statements Directors' responsibility for financial reporting Certified by company secretary Independent auditors report Report of the directors Directors' remuneration Income statement Balance sheets Cash flow statements Group statement of changes Company statement of changes Notes to annual financial statements Annexures Non-current interest bearing borrowings Investments in associates, joint ventures & other investments Investments in subsidiaries       Cash flow statements                     GROUP   COMPANY     Notes     2007   Rm     2006 Rm   2007   Rm     2006 Rm   CASH FLOWS FROM OPERATING ACTIVITIES                     Cash generated by/(utilised in) operations 26     2 308      5 068    (90)     (189)   Net financing costs 26.2     (116)    (2A78)   (83)     (108)   Normal taxation paid 26.3     (462)    (1 927)   (55)     (411)   Dividends paid 26.4     (223)    (3 396)   (211)     (3 391)         1 507     (533)   (439)     (4 099)   CASH FLOWS FROM INVESTING ACTIVITIES                     Investments to maintain operations 26.5     (569)    (689)     (34)     (60)   Investments to expand operations 26.6     (727)    (1 321)           Investment in intangible assets     (1)                Proceeds from disposal of property, plant and                     equipment     50      170        6    Proceeds from disposal of associate         48        12    Investment in other non-current assets 26.7     (249)    (347)   33      10    Acquisition of subsidiary 27     (8)    (1 545)           Proceeds from disposal of investments         26        3    Income from equity accounted investments 26.8     377                  Income from investments 5     2          610      4 566    Foreign currency translations 26.9     6      300    5      2          (1 119)     (3 358)   614      4 539    NET CASH INFLOW/(OUTFLOW)     388      (3 891)   175      440    CASH FLOWS FROM FINANCING ACTIVITIES                     Non-current interest-bearing borrowings raised     437      4 196    300      434    Non-current interest-bearing borrowings repaid     (465)     (2 388)   (10)     (3 777)   Current interest-bearing borrowings (repaid)/raised     (539)     (290)   (563)     315    Proceeds from issuance of share capital     114      2 199    114      2 372          (453)     3 717    (159)     (656)   NET (DECREASE)/INCREASE IN CASH AND                     CASH EQUIVALENTS     (65)     (174)   16      (216)   Cash and cash equivalents at beginning of year     906      1 483    290      506    Less cash and cash equivalents of unbundled                     subsidiaries         (403)           Special purpose entities consolidated     9                  CASH AND CASH EQUIVALENTS AT END                     OF YEAR     850      906    306      290                    GROUP   COMPANY     Notes     2007  Rm    2006  Rm    2007  Rm     2006 Rm   CALCULATION OF MOVEMENT IN NET DEBT:                     Net cash inflow/(outflow) as above     388     (3 891)           Add:                     – shares issued     114     2 199            – share-based payments         (54)           – increase in net debt on acquisition of subsidiary     (25)    (120)           – special purpose entities consolidated     9                 – non-cash flow movements in net debt applicable                     to currency translation differences of transactions                     denominated in foreign currency     59     16            – non-cash flow movements in net debt applicable to                     currency translation differences of net debt items of                     foreign entities 26.9     (107)    (195)           – net debt of unbundled subsidiaries         2 762            DECREASE IN NET DEBT     438     717                                                      back to top