annual financial statements

cash flow statements
for the year ended 31 March 2006

  Group Company
      2006 2005 2006 2005
    Notes Rm Rm Rm Rm
Cash flow from operating activities            
Cash generated from operations   27.1 593.2 625.2 (3.9) (0.5)
Dividends and interest received     41.3 46.9 165.2 63.6
Finance costs     (18.7) (319.9) – –
Taxation paid   27.2 (244.4) (207.7) – –
Cash retained from operating activities     371.4 144.5 161.3 63.1
Cash utilised in investing activities            
Net additions to insurance business investments     (12.8) (23.7) – –
Loans to subsidiary companies     – – 0.7 (2.1)
Acquisition of property, plant and equipment     (39.8) (37.4) – –
Proceeds on disposal of property, plant and equipment     7.1 8.1 – –
Net cash (outflow)/inflow from investing activities     (45.5) (53.0) 0.7 (2.1)
Cash effects of financing activities            
Purchase of treasury shares     (152.2) – – –
Dividends paid     (156.9) (61.0) (162.0) (61.0)
Proceeds on sale of own shares     2.3 – – –
Amount owing to holding company     – (500.0) – –
Finance lease liability     (7.1) (6.0) – –
Net cash outflow from financing activities     (313.9) (567.0) (162.0) (61.0)
Net increase/(decrease) in cash and cash equivalents     12.0 (475.5) – –
Cash and cash equivalents at the beginning of the year     (116.7) 358.8 – –
Cash and cash equivalents at the end of the year   27.3 (104.7) (116.7) – –