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Company statement of cash flows

for the year ended 31 December 2011

               
    Note 2011
Rm
    2010
Rm
 
  CASH FLOW FROM OPERATING ACTIVITIES            
  Cash utilised in operations 9 (72)     (1 348)  
  Finance costs paid   (1)     *  
  Finance income received   24     6  
  Income tax paid 10 (1 175)     (635)  
  Dividends paid to equity shareholders   (11 722)     (6 313)  
  Dividends received   17 660     6 987  
  Net cash generated/ (utilised) in operating activities   4 714     (1 303)  
  CASH FLOWS FROM FINANCING ACTIVITIES            
  Proceeds from the issuance of ordinary shares   6     1 305  
  Net cash generated from financing activities   6     1 305  
  Net increase in cash and cash equivalents   4 720     2  
  Cash and cash equivalents at beginning of year   4     2  
  Cash and cash equivalents at end of year 6 4 724     4  

The notes on pages 198 to 207 and the accounting policies set out in the Group financial statements are an integral part of these Company financial statements.

*Amounts less than R1 million.