| |
|
|
|
|
Group |
|
Company |
|
|
| |
R millions |
Note |
|
|
2009 |
|
2008 |
|
2009 |
|
2008 |
|
|
| |
Cash generated by operations |
i |
|
|
1 137 |
|
1 690 |
|
227 |
|
676 |
|
|
| |
Dividends received |
|
|
|
12 |
|
12 |
|
145 |
|
238 |
|
|
| |
Interest paid |
|
|
|
(349) |
|
(276) |
|
(363) |
|
(251) |
|
|
| |
Interest received |
|
|
|
22 |
|
30 |
|
372 |
|
344 |
|
|
| |
Income tax paid |
ii |
|
|
(333) |
|
(232) |
|
(110) |
|
(90) |
|
|
| |
Changes in working capital |
iii |
|
|
1 161 |
|
(978) |
|
1 000 |
|
(521) |
|
|
| |
Expenditure relating to non-current provisions |
|
|
|
(93) |
|
(114) |
|
(59) |
|
(99) |
|
|
| |
Expenditure relating to retrenchments and restructuring |
|
|
|
(105) |
|
(103) |
|
(105) |
|
(103) |
|
|
| |
Cash available from operating activities |
|
|
|
1 452 |
|
29 |
|
1 107 |
|
194 |
|
|
| |
Dividends paid |
25 |
|
|
(167) |
|
(250) |
|
(187) |
|
(277) |
|
|
| |
Cash flows from operating activities |
|
|
|
1 285 |
|
(221) |
|
920 |
|
(83) |
|
|
| |
Cash flows from investing activities |
|
|
|
(981) |
|
(1 002) |
|
(1 000) |
|
(1 207) |
|
|
| |
Net replacement of property, plant and equipment |
|
|
|
|
|
|
|
|
|
|
|
|
| |
to maintain operations |
|
|
|
(20) |
|
(279) |
|
(53) |
|
(121) |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Replacement of property, plant and equipment |
|
|
|
(187) |
|
(361) |
|
(80) |
|
(132) |
|
|
| |
Proceeds from disposal of property, plant and equipment |
|
|
|
167 |
|
82 |
|
27 |
|
11 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Investments to expand operations |
|
|
|
(1 055) |
|
(747) |
|
(947) |
|
(1 086) |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Acquisition of – property, plant and equipment |
|
|
|
(963) |
|
(644) |
|
(17) |
|
(39) |
|
|
| |
– investments |
|
|
|
(6) |
|
(25) |
|
– |
|
– |
|
|
| |
– subsidiaries |
iv |
|
|
(53) |
|
(64) |
|
– |
|
– |
|
|
| |
– businesses |
iv |
|
|
(33) |
|
(14) |
|
– |
|
– |
|
|
| |
Loans with subsidiaries and joint ventures |
|
|
|
|
|
|
|
(930) |
|
(1 047) |
|
|
| |
Proceeds from disposal of investments and businesses |
|
|
|
94 |
|
24 |
|
– |
|
– |
|
|
| |
Proceeds from disposal of – subsidiaries |
iv |
|
|
– |
|
10 |
|
– |
|
– |
|
|
| |
– listed investments |
|
|
|
94 |
|
14 |
|
– |
|
– |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Net cash generated/(utilised) |
|
|
|
304 |
|
(1 223) |
|
(80) |
|
(1 290) |
|
|
| |
Cash flows from financing activities |
|
|
|
(6) |
|
1 136 |
|
18 |
|
1 337 |
|
|
| |
Non-current borrowings – raised |
|
|
|
188 |
|
1 620 |
|
180 |
|
1 613 |
|
|
| |
– repaid |
|
|
|
(109) |
|
(307) |
|
(74) |
|
(260) |
|
|
| |
Current borrowings – raised |
|
|
|
306 |
|
462 |
|
289 |
|
515 |
|
|
| |
– repaid |
|
|
|
(377) |
|
(401) |
|
(377) |
|
(401) |
|
|
| |
Non-current loan receivables |
|
|
|
(14) |
|
– |
|
– |
|
– |
|
|
| |
Shares repurchased |
|
|
|
– |
|
(238) |
|
– |
|
(130) |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Increase/(decrease) in cash and cash equivalents |
|
|
|
298 |
|
(87) |
|
(62) |
|
47 |
|
|
| |
Cash and cash equivalents at the beginning of the year |
|
|
|
444 |
|
428 |
|
67 |
|
20 |
|
|
| |
Translation (loss)/gain on cash and cash equivalents |
|
|
|
(74) |
|
90 |
|
(1) |
|
– |
|
|
| |
Classified as held for sale |
|
|
|
– |
|
13 |
|
– |
|
– |
|
|
| |
Cash and cash equivalents at the end of the year |
|
|
|
668 |
|
444 |
|
4 |
|
67 |
|
|
