MTN Cover page

 

 

Company cash flow statement

for the year ended 31 December 2007

      December 2007   December 2006
  Notes   Rm   Rm

Cash utilised by operation 8   (130)   (84)
Interest received 2   3   5
Income tax paid 9   (16)  
Dividends paid     (1 675)   (1 083)
Dividends received 2   1 715   1 083
Net cash used in operating activities     (103)   (79)
CASH FLOWS FROM INVESTING ACTIVITIES          
Acquisition of subsidiaries       (9 539)
Net cash utilised in investing activities       (9 539)
CASH FLOWS FROM FINANCING ACTIVITIES          
Proceeds from the issuance of ordinary shares     60   9 532
Increase in provision for share-based payments     18   61
Net cash generated from financing activities     78   9 593
Net decrease in cash and cash equivalents     (25)   (25)
Cash and cash equivalents at beginning of year     56   81
Cash and cash equivalents at end of year 5   31   56