Group cash flow statement
for the year ended 31 December 2006
| |
Notes |
|
12 months
ended
December
2006
Rm |
|
9 months
ended
December
2005
Rm |
| CASH FLOWS FROM OPERATING ACTIVITIES |
|
|
|
|
|
| Cash generated from operations |
|
|
22 934 |
|
11 369 |
| Interest received |
|
|
1 382 |
|
371 |
| Interest paid |
|
|
(1 525) |
|
(487) |
| Dividends paid |
|
|
(1 083) |
|
(1 081) |
| Income tax paid |
|
|
(4 086) |
|
(1 011) |
| Net cash from operating activities |
|
|
17 622 |
|
9 161 |
| CASH FLOWS FROM INVESTING ACTIVITIES |
|
|
|
|
|
| Purchase of property, plant and equipment |
|
|
(9 379) |
|
(6 438) |
| – to maintain operations |
|
|
(586) |
|
(587) |
| – to expand operations |
|
|
(8 793) |
|
(5 851) |
| Acquisition of other loans and advances |
|
|
(67) |
|
(1 640) |
| Proceeds from sale of property, plant and equipment and non-current assets |
|
|
102 |
|
98 |
| Acquisition of intangible assets |
|
|
(417) |
|
(1 417) |
| Interest received |
|
|
4 |
|
12 |
| Proceeds on disposal of Orbicom |
|
|
— |
|
46 |
| Acquisition of subsidiaries and joint ventures |
|
|
(28 690) |
|
(3 294) |
| Investment in joint venture |
|
|
— |
|
(289) |
| Increase in non-current pre-payments |
|
|
(159) |
|
— |
| Net cash used in investing activities |
|
|
(38 606) |
|
(12 922) |
| CASH FLOWS FROM FINANCING ACTIVITIES |
|
|
|
|
|
| Proceeds from the issuance of ordinary shares |
|
|
— |
|
33 |
| Dividends to minorities |
|
|
(1 374) |
|
(9) |
| Long-term pre-payments |
|
|
— |
|
(27) |
| Finance costs |
|
|
— |
|
(27) |
| Increase in long-term borrowings |
|
|
19 066 |
|
4 276 |
| Decrease in restricted cash |
|
|
208 |
|
269 |
| Increase in short-term borrowings |
|
|
1 093 |
|
842 |
| Net cash generated from financing activities |
|
|
18 993 |
|
5 357 |
| Net (decrease)/increase in cash and cash equivalents |
|
|
(1 991) |
|
1 596 |
| Cash acquired through acquisitions |
|
|
2 895 |
|
(152) |
| Effect of exchange rate changes |
|
|
940 |
|
(52) |
| Cash and cash equivalents at beginning of year |
|
|
7 164 |
|
5 772 |
| Cash and cash equivalents at end of year |
|
|
9 008 |
|
7 164 |
The cash flows shown above are presented net of VAT
|
