Statement of cash flows
for the year ended 30 June

 
Note  
Company
2012
R million
Company
Period ended
30 June
2011
R million
Cash flows from operating activities           
Cash generated from operations   17   1 313   433  
Income tax paid      (61)  (2) 
Net cash generated from operating activities      1 252   431  
Cash flows from investing activities           
Disposal/(acquisition) of shares in subsidiary      546   (3 608) 
Acquisition of investment at fair value through profit or loss      (477)  –  
Acquisition of preference share investment      –   (401) 
Proceeds from redemption of preference shares      –   102  
Net cash generated by/(utilised in) investing activities      69   (3 907) 
Cash flows from financing activities           
Issue of ordinary shares      –   2 514  
Issue of preference shares      –   1 450  
Cost of funding      (87)  (32) 
Dividends paid to shareholders      (946)  (339) 
Net cash (outflows)/inflows from financing activities      (1 033)  3 593  
Net increase in cash and cash equivalents for the year      288   117  
Cash and cash equivalents at the beginning of the year      117   –  
Cash and cash equivalents at the end of the year      405   117  


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