Home | Site map     Profile Southern Africa grid map Key facts Electricity: from power station to customer Organisational structure Executive summary Vision, values and strategic objectives Group five-year review Chairman and Chief Executive Introduction Message from the chairman Board of directors Message from the chief executive Executive management committee Market and industry overview Business and sustainability performance review Introduction Sustainability Integrated risk management Performance in terms of the shareholder compact Financial review Contribution to society Securing continuity of supply Supply for the 2010 World Cup Executing the build programme Responding to climate change and limiting the impact on environment Restoring Eskom’s image and public confidence EDI restructuring Our People Safety performance Independent auditors report on sustainability Consolidated group financial statements Introduction Statement of responsibilities and approval Statement by company secretary Report of the audit committee Independent auditor’s report to the Minister of Public Enterprises Directors' report Consolidated financial statements Corporate governance and tables Introduction Corporate governance Tables Awards Glossary Abbreviations and acronyms GRI index Contact information Development Foundation Report Downloads Additional Information Information Sheets Keyword search         Consolidated group annual financial statements   CONSOLIDATED FINANCIAL STATEMENTS     Currency of financial statements | Balance sheets | Income statements     Cash flow statements | Statements of changes in equity | Notes to the consolidated financial statements         Cash flow statements   for the year ended 31 March 2008               Group   Company           Restated1       Restated1   Note   2008  Rm    2007  Rm    2008  Rm    2007  Rm  Cash flows from operating activities                   Cash generated from operations 37   7 371    15 666    6 960    14 187  Net cash flows from financial trading assets     1 204    8 175    1 204    8 175  Net cash flows from financial trading liabilities     65    (8 285)   65    (8 285) Net cash flows from derivative instruments     (347)   (79)   (347)   (79) Income taxes paid     (638)   (1 523)   (417)   (1 377) Net cash from operating activities     7 655    13 954    7 465    12 621  Cash flows from investing activities                   Proceeds from disposal of property, plant and equipment     235    188    145    151  Proceeds from disposal of investment in equity accounted investees     –    9    –    –  Expenditure on property, plant and equipment     (24 037)   (17 362)   (23 891)   (17 088) Expenditure on intangible assets     (221)   (171)   (208)   (168) Expenditure on future fuel supplies     (658)   (382)   (658)   (382) (Investment in)/repayment from associates, joint ventures and subsidiary companies     (11)   (6)   17    (200) Cash inflow on acquisition of subsidiary     –    26    –    –  Non-current trade and other receivables     (176)   47    (5)   8  Decrease/(increase) in finance lease receivables     128    95    126    (8) Loans granted to related parties – subsidiaries     –    –    216    1 565  Non-current assets and liabilities held-for-sale     131    211    –    –  Dividends received     31    17    800    202  Increase in long-term trade and other payables     256    420    256    420  Net cash used in investing activities     (24 322)   (16 908)   (23 202)   (15 500) Cash flows from financing activities                   Debt raised     16 831    13 633    17 060    13 633  Debt securities issued     11 327    12 197    11 327    12 197  Borrowings     5 504    1 436    5 733    1 436  Debt repaid     (9 092)   (5 166)   (9 073)   (5 166) Debt securities issued     (6 414)   (2 032)   (6 414)   (2 032) Borrowings     (2 678)   (3 134)   (2 659)   (3 134) Decrease/(increase) in investment in securities     10 326    (5 980)   10 215    (4 942) Increase in amounts owing to subsidiaries     –    –    480    79  (Decrease)/increase in finance lease liabilities     (2)   (4)   30    52  Interest received     3 109    1 951    2 939    1 909  Interest paid     (3 154)   (2 167)   (3 248)   (2 095) Net cash from financing activities     18 018    2 267    18 403    3 470  Net increase/(decrease) in cash and cash equivalents     1 351    (687)   2 666    591  Cash and cash equivalents at beginning of the year     9 542    10 229    7 656    7 065  Cash and cash equivalents at end of the year 12.1   10 893    9 542    10 322    7 656    1Refer to note 42.       Cash flow statements       Back to top