Group cash flow statement
for the year ended 31 December 2009
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December 2009 |
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December 2008 |
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Note |
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Rm |
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Rm |
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| CASH FLOWS FROM OPERATING ACTIVITIES |
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| Cash generated from operations |
24 |
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49 632 |
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44 836 |
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| Interest received |
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1 835 |
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1 744 |
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| Interest paid |
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(4 961) |
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(3 027) |
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| Dividend paid |
9 |
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(3 381) |
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(2 536) |
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| Income tax paid |
25 |
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(6 843) |
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(6 781) |
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| Net cash generated from operating activities |
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36 282 |
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34 236 |
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| CASH FLOWS FROM INVESTING ACTIVITIES |
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| Acquisition of property, plant and equipment |
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(27 720) |
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(26 896) |
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| – to maintain operations |
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(3 526) |
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(4 172) |
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| – to expand operations |
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(24 194) |
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(22 724) |
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| Proceeds from disposal of property, plant and equipment and intangible assets |
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115 |
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147 |
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| Acquisition of intangible assets |
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(1 982) |
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(1 477) |
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| Loans granted |
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— |
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(2 277) |
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| Cash outflows from acquisitions net of cash acquired |
45 |
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(2 205) |
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(581) |
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| Cash(out)/inflows from changes in shareholding |
45 |
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(26) |
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4 575 |
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| Increase in prepayments |
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(1 374) |
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(668) |
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| Net cash used in investing activities |
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(33 192) |
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(27 177) |
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| CASH FLOWS FROM FINANCING ACTIVITIES |
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| Dividends paid to non-controlling shareholders |
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(2 701) |
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(3 979) |
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| Proceeds from the issuance of ordinary shares |
17 |
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|
36 |
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41 |
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| Cash outflow on share buy-back |
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(463) |
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— |
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| Borrowings raised |
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11 945 |
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3 987 |
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| Borrowings repaid |
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(10 647) |
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|
928 |
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| Decrease/(increase) in restricted cash |
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|
992 |
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(1 038) |
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| Other cash (out)/inflows |
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(88) |
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|
353 |
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| Net cash (used in)/generated from financing activities |
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(926) |
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|
292 |
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| Net increase in cash and cash equivalents |
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2 164 |
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7 351 |
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| Cash and cash equivalents at beginning of year |
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25 596 |
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15 546 |
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| Exchange (losses)/gains on cash and cash equivalents |
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(5 114) |
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2 699 |
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| Cash and cash equivalents at end of year |
26 |
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22 646 |
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25 596 |
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The notes on pages 52 to 151 are an integral part of these consolidated financial statements.
**The cash flows shown above are presented net of VAT.
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