| |
Notes |
31 March
2009
R'000 |
31 March
2008
R'000 |
| Cash flows from operating activities |
|
|
|
| Cash from operations |
29 |
5 817 936 |
5 403 369 |
| Dividends received from investments and equity-accounted companies |
|
98 236 |
71 578 |
| Cash generated from operating activities |
|
5 916 172 |
5 474 947 |
| Interest income received |
|
642 389 |
891 591 |
| Interest costs paid |
|
(842 366) |
(401 619) |
| Taxation paid |
|
(1 803 314) |
(1 554 165) |
| Net cash from operating activities |
|
3 912 881 |
4 410 754 |
| Cash flows from investment activities |
|
|
|
| Property, plant and equipment acquired |
|
(1 077 285) |
(1 113 445) |
| Proceeds from sale of property, plant and equipment |
|
40 075 |
40 089 |
| Insurance proceeds received |
|
19 154 |
— |
| Intangible assets acquired |
|
(227 317) |
(157 670) |
| Proceeds from sale of intangible assets |
|
13 462 |
400 |
| Acquisition of subsidiaries |
30 |
(438 070) |
(16 669 959) |
| Disposal of subsidiaries |
31 |
4 306 136 |
97 719 |
| Acquisition of joint ventures |
32 |
(8 415) |
(3 628) |
| Additional stake purchased in M-Net and SuperSport |
33 |
— |
60 678 |
| Partial disposal of interest in subsidiaries |
34 |
271 305 |
— |
| Additional investment in existing subsidiaries |
|
(62 880) |
(105 606) |
| Net investment in associates |
|
(1 597 242) |
(508 651) |
| Net cash movement in other investments and loans |
|
(21 916) |
28 606 |
| Net cash from/(utilised in) investing activities |
|
1 217 007 |
(18 331 467) |
| Cash flows from financing activities |
|
|
|
| Proceeds from long-term loans raised |
|
99 929 |
10 385 682 |
| Repayments of long-term loans |
|
(5 431 069) |
(390 520) |
| Repayments of capitalised finance lease liabilities |
|
(405 838) |
(369 795) |
| Payments to finance share-based compensation expenses |
|
(298 655) |
(174 427) |
| Proceeds from share issue |
|
16 724 |
96 321 |
| Contributions by minority shareholders |
|
11 837 |
— |
| Preference dividends received |
|
144 598 |
135 014 |
| Dividends paid by subsidiaries |
|
(307 187) |
(282 896) |
| Dividend paid by holding company |
|
(669 160) |
(543 540) |
| Net cash (utilised in)/from financing activities |
|
(6 838 821) |
8 855 839 |
| Net decrease in cash and cash equivalents |
|
(1 708 933) |
(5 064 874) |
| Foreign exchange translation adjustments on cash and cash equivalents |
|
187 970 |
908 149 |
| Cash and cash equivalents at beginning of the year |
|
6 689 873 |
11 481 108 |
| Cash and cash equivalents classified as held for sale at beginning of the year |
|
634 510 |
— |
| Cash and cash equivalents classified as held for sale at end of the year |
27 |
(78 969) |
(634 510) |
| Cash and cash equivalents at end of the year |
35 |
5 724 451 |
6 689 873 |
