CASH FLOW STATEMENTS
for the year ended 31 December 2006
| |
|
GROUP |
COMPANY |
| |
|
31 Dec |
31 Dec |
| |
|
2006 |
2006 |
| |
Notes |
Rm |
Rm |
|
| CASH FLOWS FROM OPERATING ACTIVITIES |
|
|
|
| Cash retained from operations |
|
389 |
– |
| Net financing costs |
|
(39) |
– |
| Normal taxation paid |
|
– |
– |
|
| |
|
350 |
– |
|
| CASH FLOWS FROM INVESTING ACTIVITIES |
|
|
|
| Investments to maintain operations |
|
(87) |
– |
| Investments to expand operations |
|
(424) |
– |
| Acquisition of subsidiary |
|
(3) |
(3) |
| Proceeds from disposal of assets |
|
6 |
– |
| Increase in cash resources on acquisition of a controlling interest in subsidiaries |
|
400 |
– |
| Foreign currency translation reserve |
|
(35) |
– |
|
| |
|
(143) |
(3) |
|
| Net cash inflow/(outflow) |
|
207 |
(3) |
|
| CASH FLOWS FROM FINANCING ACTIVITIES |
|
|
|
| Non-current interest-bearing borrowings raised |
|
2 840 |
– |
| Current interest-bearing borrowings (repaid) |
|
(1 956) |
– |
| Proceed from issuance of share capital |
|
3 |
3 |
|
| |
|
887 |
3 |
|
| NET INCREASE IN CASH AND CASH EQUIVALENTS |
|
1 094 |
– |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR |
|
– |
– |
|
| CASH AND CASH EQUIVALENTS AT END OF YEAR |
|
1 094 |
– |
|
|
