annual report
2007

cash flow statement
for the year ended 31 March 2007


      group
        2007   2006  
  Notes   Rm Rm  
Cash flow from operating activities              
Cash generated from operations 25.1     591.5 593.2  
Dividends and interest received     58.7 41.3  
Finance costs     (30.0)   (18.7)  
Taxation paid 25.2     (403.2)   (244.4)  
Cash retained from operating activities       217.0   371.4  
Cash utilised in investing activities              
Net additions to insurance business investments       (11.8)   (12.8)  
Acquisition of property, plant and equipment       (60.6)   (39.8)  
Proceeds on disposal of property, plant and equipment       5.8   7.1  
Net cash overflow from investing activities       (66.6)   (45.5)  
Cash effects of financing activities              
Purchase of treasury shares       (213.5)   (152.2)  
Dividends paid       (231.8)   (156.9)  
Proceeds on sale of own shares       6.8   2.3  
Finance lease liability       (0.8)   (7.1)  
Net cash outflow from financing activities       (439.3)   (313.9)  
Net (decrease)/increase in cash and cash equivalents       (288.9)   12.0  
Cash and cash equivalents at the beginning of the year       (104.7)   (116.7)  
Cash and cash equivalents at the end of the year 25.3     (393.6)   (104.7)