Company cash flow statement
for the year ended 30 June 2009
| Note | 2009 Rm’s |
2008 Rm’s |
|
| Cash flows from operating activities | |||
| Cash receipts from customers | 2 | 1 | |
| Cash paid to suppliers and employees | (4) | (2) | |
| Cash utilised by operations | 12 | (2) | (1) |
| Management fees received | 2 | 1 | |
| Dividends received | 207 | 121 | |
| Taxation paid | 13 | (12) | (9) |
| 195 | 112 | ||
| Dividends paid | 14 | (127) | (87) |
| Net cash flows from operating activities | 68 | 25 | |
| Cash flows from investing activities | |||
| Purchase of available-for-sale investments | — | (281) | |
| Loan granted to BEE share trust | — | (121) | |
| Repayments of portion of BEE share trust loan | 5 | — | |
| Net cash flows utilised by investing activities | 5 | (402) | |
| Cash flows from financing activities | |||
| Increase in stated capital | — | 402 | |
| Share issue expenses relating to BEE transaction | — | (12) | |
| Increase in amounts owing by subsidiaries | (72) | (32) | |
| Net cash flows utilised/(generated) by financing activities | (72) | 358 | |
| Movement in cash and cash equivalents for the year | 1 | (19) | |
| Cash and cash equivalents at beginning of year | — | 19 | |
| Cash and cash equivalents at end of year | 9 | 1 | — |

