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Company statement of cash flows

for the year ended 31 December 2010

    Note   December
2010
Rm
      December
2009
Rm
 
  CASH FLOWS FROM OPERATING ACTIVITIES                
  CASH UTILISED BY OPERATIONS 9   (1 348)       (406)  
  Interest paid     *       (1)  
  Interest received     6       18  
  Income tax paid 10   (635)       (362)  
  Dividends paid     (6 313)       (3 381)  
  Dividends received     6 987       4 280  
  Net cash generated/(utilised) in operating activities     (1 303)       148  
  CASH FLOWS FROM FINANCING ACTIVITIES                
  Proceeds from the issuance of ordinary shares     1 305       36  
  Cash outflow on share buy-back           (463)  
  Net cash generated/(used in) from financing activities     1 305       (428)  
  Net increase/(decrease) in cash and cash equivalents     2       (280)  
  Cash and cash equivalents at beginning of year     2       282  
  Cash and cash equivalents at end of year 6   4       2  

* Amounts less than R1 million.

The cash flows shown above are presented net of VAT.