CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
for the period ended 30 September
| Download (EXCEL) |
| Reviewed half-year 30 September 2019 R'm |
Reviewed half-year 30 September 2018 R'm |
|
| Cash flows from operating activities | ||
| Cash from operations | 5 277 | 4 519 |
| Cash generated from operating activities | 5 277 | 4 519 |
| Interest income received | 251 | 220 |
| Interest costs paid | (415) | (329) |
| Taxation paid | (1 885) | (1 729) |
| Net cash generated from operating activities | 3 228 | 2 681 |
| Cash flows from investing activities | ||
| Property, plant and equipment acquired | (253) | (228) |
| Proceeds from sale of property, plant and equipment | 29 | 24 |
| Intangible assets acquired | (51) | (68) |
| Loans to related parties* | (19) | (16 342) |
| Repayment of loans by related parties* | – | 17 199 |
| Cash movements in other investments and loans | (15) | (10) |
| Net cash (utilised in)/generated from investing activities | (309) | 575 |
| Cash flows from financing activities | ||
| Repayments of long- and short- term loans | – | (4) |
| Proceeds from related party funding** | – | 3 730 |
| Repayment of related party funding** | – | (166) |
| Repayments of lease liabilities*** | (487) | (405) |
| Repayments of capital contribution from parent | – | (10) |
| Repurchase of treasury shares | (768) | – |
| Additional investment in existing subsidiary | – | (103) |
| Dividends paid**** | – | (5 329) |
| Dividends paid by subsidiaries to non-controlling shareholders | (1 574) | (1 371) |
| Net cash utilised in financing activities | (2 829) | (3 658) |
| Net movement in cash and cash equivalents | 90 | (402) |
| Foreign exchange translation adjustments on cash and cash equivalents | 104 | 515 |
| Cash and cash equivalents at the beginning of the period | 6 723 | 4 044 |
| Cash and cash equivalents at the end of the period | 6 917 | 4 157 |
| * | Prior period amounts relate to gross inflows and outflows into the Naspers Limited group cash pool which was started at the end of FY17 to improve cash yield in the group. The cash pool with Naspers Limited ended in February 2019. |
| ** | Relates to the gross funding inflows and outflows received from Naspers Limited up until February 2019. |
| *** | The current period amount includes R447m for transponder lease repayments. |
| **** | Relates to dividends paid by companies in the group to previous legal owners. |
