Statements of cash flows for the year ended 30 June 2012

 

company           Group
2012  
Rm’s  
    2011  
Rm’s  
      Note     2012  
Rm’s  
    2011  
Rm’s  
            Cash flows from operating activities              
            Cash receipts from customers       1 845       1 508  
            Cash paid to suppliers and employees       (1 349)      (1 042) 
2       (1)      Cash generated/(utilised by) by operations   27     496       466  
7       7       Finance revenue   7     46       37  
135       —       Dividends received from subsidiary              
(7)      (10)      Taxation paid   28     (161)      (116) 
            Finance cost   8     (24)      (24) 
4       5       Management fees received              
(134)      (114)      Dividends paid   29     (131)      (109) 
7       (113)      Net cash flows from/(utilised by) operating activities       226       254  
            Cash flows from investing activities              
            Additions to property, plant and equipment   13     (120)      (135) 
            Proceeds on disposal of plant and equipment       6       44  
(4)      (1)      Increase in investments       —       (10) 
            Lease premiums paid   15     —       (6) 
            Net acquisition and disposal of interest in subsidiary, including transactions with non-controlling interests   30     (34)      —  
4       3       Repayments of portion of BEE share trust loan   15            
—       2       Net cash flows from/(utilised by) investing activities       (148)      (107) 
            Cash flows from financing activities              
            Decrease in interest-bearing loans and borrowings       —       (11) 
            Purchase of treasury shares       —       (8) 
(4)      112       (Increase)/decrease in amounts owing by subsidiaries              
(4)      112       Net cash flows (utilised by)/ from financing activities       —       (19) 
3       1       Movement in cash and cash equivalents for the year       78       128  
1       —       Cash and cash equivalents at beginning of year       839       711  
4       1       Cash and cash equivalents at end of year   20     917       839