- Approvals
- Directors’ report
- Consolidated financial statements
- Principal subsidiaries and joint venture
- Report of the independent auditors
- Remuneration report
- Company financial statements
Company financial statements
For the year ended 30 June
| R millions | Notes | 2009 | 2008 |
|---|---|---|---|
| Cash flows from operating activities | |||
| Profit before tax | 715 | 12 171 | |
| Adjustment to profit before tax | 15 | (768) | (5 961) |
| Changes in working capital | 15 | 54 | (13) |
| Tax paid | (520) | (22) | |
| Net cash (used in)/from operating activities | (519) | 6 175 | |
| Cash flows from investing activities | |||
| Proceeds from investments disposed | 8 | – | 5 913 |
| Purchase of associates | 2 | – | (9) |
| Proceeds from repayment by associate | 2 | 96 | 202 |
| Interest income | 73 | 65 | |
| Dividends received | 9 | 509 | 64 |
| Loans to subsidiaries | 8 011 | (6 396) | |
| Net cash from/(used in) investing activities | 8 689 | (161) | |
| Cash flows from financing activities | |||
| Issue of ordinary shares, net of cost | 6 | (1) | 41 |
| Dividends paid to group shareholders | 13 | (8 169) | (6 055) |
| Net cash (used in)/from financing activities | (8 170) | (6 014) | |
| Cash and cash equivalents at beginning and end of year | - | - |
The notes are an integral part of these consolidated financial statements.