Annual Report 2009

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   —  

 

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