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Home > Annual Financial Statements > Statement of cash flows
Annual Financial Statements
- Directors' responsibility and approval of annual financial statements
- Audit Committee report
- Certificate by Group Company Secretary
- Independent auditor's report
- Directors' report
- Statement of financial position
- Statement of financial performance
- Statement of other comprehensive income
- Statement of cash flows
- Statement of changes in equity
- Notes to the annual financial statements
- Employee profile
- Notice to shareholders
- Administration
- Form of Proxy – (PDF)
Statement of cash flowsfor the year ended 31 December 2011
| Group | Company | ||||
| 2011 | 2010 | 2011 | 2010 | ||
| Note | R'000 | R'000 | R'000 | R'000 | |
| Cash flows from operating activities | (14,225) | 176,326 | 21,768 | 372,632 | |
| Cash (utilised)/generated in operations | 28 | (194,234) | (125,269) | (189,444) | 12,299 |
| Interest income | 185,757 | 218,577 | 160,311 | 179,774 | |
| Dividends received | 34,226 | 22,119 | 80,869 | 103,557 | |
| Finance costs | (13,200) | (13,511) | (13,200) | (13,511) | |
| Taxation (paid)/received | 29 | (26,774) | 74,410 | (16,768) | 90,513 |
| Cash flows from investing activities | (64,928) | (135,865) | (82,430) | (217,143) | |
| Acquisitions | |||||
| – Subsidiaries and associates | (342) | (3,752) | (342) | (3,761) | |
| – Financial assets at fair value through income | (26,399) | (25,858) | (26,399) | (25,858) | |
| – Available-for-sale financial assets | (47,464) | (198,325) | (69,479) | (190,391) | |
| – Land, buildings, equipment and intangible assets | (29,407) | (72,881) | (26,309) | (68,686) | |
| Proceeds on disposals | |||||
| – Subsidiaries and associates | – | – | 1,160 | – | |
| – Financial assets at fair value through income | 3,141 | – | 3,141 | – | |
| – Available-for-sale financial assets | 28,678 | 146,280 | 26,585 | 56,280 | |
| – Land, buildings, equipment and intangible assets | 6,865 | 18,671 | 9,213 | 15,273 | |
| Cash flows from financing activities | (12,180) | – | (12,180) | – | |
| Dividends paid | (12,180) | – | (12,180) | – | |
| Total cash movement from operations | (91,333) | 40,461 | (72,842) | 155,489 | |
| Exchange gains/(losses) on cash and cash equivalents | 682 | (703) | – | – | |
| Cash and cash equivalents at beginning of year | 14 | 1,072,454 | 1,032,696 | 679,608 | 524,119 |
| Cash and cash equivalents at end of year | 14 | 981,803 | 1,072,454 | 606,766 | 679,608 |