Summary group statement of cash flows
for the year ended 31 December 2021
View as excel [XLS - 32KB]
| Note | 2021 Rm | 2020 Rm |
||||
| Net cash generated from operating activities | 67 286 | 58 513 | ||||
| Cash generated from operations | 88 670 | 78 580 | ||||
| Interest received | 1 161 | 1 305 | ||||
| Interest paid | (12 145) | (13 576) | ||||
| Dividends received from associates and joint ventures | 554 | 608 | ||||
| Income tax paid | (10 954) | (8 404) | ||||
| Net cash used in investing activities | (30 953) | (33 512) | ||||
| Acquisition of property, plant and equipment | (24 413) | (23 502) | ||||
| Acquisition of intangible assets | (10 812) | (6 678) | ||||
| Proceeds from sale of investment in associates | 18.1 | 1 807 | 8 962 | |||
| Increase in non-current investment and joint venture | (22) | (260) | ||||
| Proceeds from sale of investment in Jumia | – | 2 315 | ||||
| Proceeds from exiting Yemen, net of cash deconsolidated, net of cash disposed | 18.4 | (900) | – | |||
| Decrease in loan receivables | 19 | 25 | ||||
| Realisation of non-current investment bonds | 667 | – | ||||
| Purchase of non-current investment bonds and fixed deposits1 | (121) | (1 219) | ||||
| Realisation/(purchase) of current investment bonds, treasury bills and foreign deposits1 | 4 521 | (6 897) | ||||
| Net increase in restricted cash | (1 502) | (6 285) | ||||
| Cash acquired on acquisition of subsidiary | 18.5 | 68 | – | |||
| Cash deconsolidated on loss of control | 18.3 | (228) | – | |||
| Movement in other investing activities | (37) | 27 | ||||
| Net cash used in financing activities | (26 179) | (13 705) | ||||
| Proceeds from borrowings | 15 | 23 754 | 22 551 | |||
| Repayment of borrowings | 15 | (43 953) | (22 655) | |||
| Repayment of lease liabilities | (5 949) | (4 998) | ||||
| Dividends paid to equity holders of the Company | – | (6 462) | ||||
| Dividends paid to non-controlling interests | (2 084) | (2 093) | ||||
| Proceeds from MTN Uganda initial public offering | 18.2 | 2 191 | – | |||
| Acquisition of additional shares in aYo | 18.5 | (257) | – | |||
| Other financing activities | 119 | (48) | ||||
| Net increase in cash and cash equivalents | 10 154 | 11 296 | ||||
| Net cash and cash equivalents at beginning of the year | 30 636 | 21 607 | ||||
| Exchange losses on cash and cash equivalents | (1 515) | (2 179) | ||||
| Net monetary (loss)/gain on cash and cash equivalents | (380) | 36 | ||||
| Decrease/(increase) in cash classified as held for sale | 18.3 | 124 | (124) | |||
| Net cash and cash equivalents at end of the year | 39 019 | 30 636 | ||||
| 1 | Purchase of non-current investments have been disaggregated in the current financial year and comparative numbers have been re-presented accordingly. |