Company statement of cash flows

for the year ended 31 December 2017

	Note		2017  Rm		2016  Rm
CASH FLOWS FROM OPERATING ACTIVITIES
Cash (utilised in)/generated from operations	10		(523)		399
Finance income received			31		16
Income tax paid	11		(14)		(49)
Dividends paid			(13 173)		(19 904)
Dividends received	1		12 500		20 200
Net cash (utilised in)/generated from operating activities			(1 179)		662
CASH FLOWS FROM FINANCING ACTIVITIES
Buy-back of shares from MTN Zakhele			–		(2 645)
Premium received on option issued to MTN Zakhele Futhi			192		3 209
Net cash generated from financing activities			192		564
Net (decrease)/increase in cash and cash equivalents			(987)		1 226
Cash and cash equivalents at the beginning of the year			1 367		141
Cash and cash equivalents at the end of the year	7		380		1 367