| |
Notes |
|
31 March
2008
R’000 |
|
31 March
2007
R’000 |
| Cash flows from operating activities |
|
|
|
|
|
| Cash from operations |
29 |
|
5 403 369 |
|
4 745 345 |
| Investment income received |
|
|
889 |
|
3 682 |
| Dividends received from equity-accounted companies |
|
|
70 689 |
|
46 755 |
| Cash generated from operating activities |
|
|
5 474 947 |
|
4 795 782 |
| Finance income received |
|
|
891 591 |
|
311 450 |
| Finance costs paid |
|
|
(401 619) |
|
(352 559) |
| Taxation paid |
|
|
(1 554 165) |
|
(1 232 093) |
| Net cash from operating activities |
|
|
4 410 754 |
|
3 522 580 |
| Cash flows from investment activities |
|
|
|
|
|
| Property, plant and equipment acquired |
|
|
(1 113 445) |
|
(866 733) |
| Proceeds from sale of property, plant and equipment |
|
|
40 089 |
|
66 010 |
| Intangible assets acquired |
|
|
(157 670) |
|
(91 142) |
| Proceeds from sale of intangible assets |
|
|
400 |
|
2 347 |
| Acquisition of subsidiaries |
30 |
|
(16 669 959) |
|
(274 029) |
| Disposal of subsidiaries |
31 |
|
97 719 |
|
10 211 |
| Acquisition of joint ventures |
32 |
|
(3 628) |
|
(138 152) |
| Additional stake purchased in M-Net and SuperSport |
33 |
|
60 678 |
|
— |
| Partial disposal of interest in subsidiaries |
34 |
|
— |
|
732 151 |
| Additional investment in existing subsidiaries |
|
|
(105 606) |
|
(612 975) |
| Net investment in associates |
|
|
(508 651) |
|
(4 251 668) |
| Net cash movement in other investments and loans |
|
|
28 606 |
|
29 831 |
| Net cash utilised in investing activities |
|
|
(18 331 467) |
|
(5 394 149) |
| Cash flows from financing activities |
|
|
|
|
|
| Proceeds from long-term loans raised |
|
|
10 385 682 |
|
873 004 |
| Repayments of long-term loans |
|
|
(390 520) |
|
(828 551) |
| Repayments of capitalised finance lease liabilities |
|
|
(369 795) |
|
(306 623) |
| Payments to finance share-based compensation shares |
|
|
(174 427) |
|
(287 973) |
| Proceeds from share issue |
|
|
96 321 |
|
7 396 568 |
| Contributions by minority shareholders |
|
|
— |
|
2 699 |
| Preference dividends received |
|
|
135 014 |
|
— |
| Dividends paid by subsidiaries |
|
|
(282 896) |
|
(94 282) |
| Dividend paid by holding company |
|
|
(543 540) |
|
(349 088) |
| Other |
|
|
— |
|
1 342 |
| Net cash from financing activities |
|
|
8 855 839 |
|
6 407 096 |
| Net (decrease)/increase in cash and cash equivalents |
|
|
(5 064 874) |
|
4 535 527 |
| Foreign exchange translation adjustments on cash and cash equivalents |
|
|
908 149 |
|
534 816 |
| Cash and cash equivalents at beginning of the year |
|
|
11 481 108 |
|
6 410 765 |
| Cash and cash equivalents classified as held for sale |
27 |
|
(634 510) |
|
— |
| Cash and cash equivalents at end of the year |
35 |
|
6 689 873 |
|
11 481 108 |
