Consolidated statement of CASH FLOWS

FOR THE YEAR ENDED 30 JUNE 2010

          2010   2009  
      NOTES   R’000   R’000  
 
Cash flow from operating activities
             
  Cash generated from operations   29.1   1 064 789   2 287 500  
  Adjustments for:              
  Investment income   18   279 505   328 704  
  Finance costs   19   (17 018)   (31 847)  
  Taxation paid   29.2   (608 154)   (527 739)  
  Dividend paid       (193 974)   (172 589)  
  Net cash flow from operating activities       525 148   1 884 029  
 
Cash flow from investing activities
             
  (Increase)/decrease in other financial assets       (133 743)   13 268  
  Acquisitions net of cash acquired   30   (180 561)   (94 355)  
  Acquisition of associates       (5 000)   (16 350)  
  Increase in advances to associates       (79 005)   (178 019)  
  Proceeds on disposal of plant and equipment       42 981   72 531  
  Purchase of property, plant and equipment              
  –to maintain operations       (138 866)   (239 986)  
  –to expand operations       (117 544)   (62 523)  
  Net cash flow from investing activities       (611 738)   (505 434)  
 
Cash flow from financing activities
             
  Decrease in long-term financial liabilities   29.4   (54 634)   (123 256)  
  Net cash flow from financing activities       (54 634)   (123 256)  
 
(Decrease)/increase in cash and cash equivalents for the year
      (141 224)   1 255 339  
 
Cash and cash equivalents at beginning of year
      4 032 263   2 776 924  
 
Cash and cash equivalents at the end of year
  29.5   3 891 039   4 032 263