Company statement of cash flows
for the year ended 31 December 2010
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Note |
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December
2010
Rm |
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December
2009
Rm |
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CASH FLOWS FROM OPERATING ACTIVITIES |
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CASH UTILISED BY OPERATIONS |
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(1 348) |
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(406) |
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Interest paid |
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* |
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(1) |
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Interest received |
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6 |
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18 |
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Income tax paid |
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(635) |
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(362) |
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Dividends paid |
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(6 313) |
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(3 381) |
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Dividends received |
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6 987 |
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4 280 |
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Net cash generated/(utilised) in operating activities |
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(1 303) |
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148 |
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CASH FLOWS FROM FINANCING ACTIVITIES |
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Proceeds from the issuance of ordinary shares |
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1 305 |
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36 |
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Cash outflow on share buy-back |
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(463) |
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Net cash generated/(used in) from financing activities |
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1 305 |
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(428) |
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Net increase/(decrease) in cash and cash equivalents |
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2 |
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(280) |
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Cash and cash equivalents at beginning of year |
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2 |
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282 |
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Cash and cash equivalents at end of year |
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4 |
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2 |
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* Amounts less than R1 million.
The cash flows shown above are presented net of VAT.
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