Cash flow statements
for the year ended 31 December 2008
Group |
Company |
||||||
Note |
2008 R'000 |
2007 R'000 |
2008 R'000 |
2007 R'000 |
|||
| Cash inflows/(outflows) from operating activities | |||||||
| Cash generated from operations | 246,102 |
123,307 |
199,803 |
30,593 |
|||
| Interest received | 273,168 |
209,739 |
176,279 |
152,208 |
|||
| Interest paid | (39,599) |
(10,564) |
– |
(10,564) |
|||
| Dividends received | 40,585 |
26,420 |
36,734 |
36,207 |
|||
| Cash generated from operating activities | 520,256 |
348,902 |
412,816 |
208,444 |
|||
| Taxation paid | (79,766) |
(167,764) |
(69,066) |
(139,237) |
|||
| Dividends paid | (85,257) |
(94,155) |
(85,257) |
(84,039) |
|||
| Net cash inflows/(outflows) from operating activities | 355,233 |
86,983 |
258,493 |
(14,832) |
|||
| Cash (outflows)/inflows from investing activities | |||||||
| Acquisitions: | (2,007,698) |
(715,364) |
(1,967,731) |
(713,494) |
|||
Financial assets at fair value through income |
(1,482,675) |
(615,808) |
(615,808) |
||||
| Available-for-sale financial assets | (485,099) |
(78,448) |
(448,527) |
(78,448) |
|||
| Property and equipment | (39,924) |
(21,108) |
(36,529) |
(19,238) |
|||
| Proceeds on disposal of: | 1,674,637 |
729,717 |
1,674,004 |
725,700 |
|||
| Investment property | – |
4,138 |
– |
– |
|||
| Available-for-sale financial assets | 112,763 |
182,922 |
112,754 |
185,780 |
|||
| Financial assets at fair value through income | 1,551,343 |
536,179 |
1,551,198 |
534,008 |
|||
| Property and equipment | 10,531 |
6,478 |
10,052 |
5,912 |
|||
| Net cash (outflows)/inflows from investing activities | (333,061) |
14,353 |
(293,727) |
12,206) |
|||
| Net increase/(decrease) in cash and cash equivalents | 22,172 |
101,336 |
(35,234) |
(2,626) |
|||
| Reclassification to available-for-sale financial assets | – |
(482,012) |
– |
(343,179) |
|||
| Cash and cash equivalents at beginning of the year | 1,101,638 |
1,482,314 |
363,393 |
709,198 |
|||
| Cash and cash equivalents at end of the year | 1,123,810 |
1,101,638 |
328,159 |
363,393 |
|||
