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Summarised consolidated cash flow statement

for the year ended 31 March

  2016 
Rm 
  2015 
Rm 
 
Cash flows from operating activities    
Operating profit  3 408     3 042    
Adjust for non-cash movements and dividends received  1 265     1 312    
Increase in working capital  (297)    (488)   
Cash generated from operations  4 376     3 866    
Interest received  31     74    
Finance costs paid  (832)    (789)   
   3 575     3 151    
Income tax paid  (657)    (537)   
Dividends paid to shareholders  (878)    (939)   
Dividends paid to non-controlling interests       (8)   
Dividends received  51       
Net cash generated from operations  2 091     1 674    
Cash flows from investment activities           
Purchase of property, plant and equipment  (1 377)    (1 610)   
Proceeds from disposals of property, plant and equipment  9       
Purchase of intangible assets  (10)    (136)   
Development of investment property  (27)    (7)   
Proceeds from disposal of investment property  19     –    
Purchase of available-for-sale financial assets  (252)    –    
Acquisition of subsidiary, net of cash acquired  (12)    –    
Acquisition of businesses       (762)   
Acquisition of interest in associate  (315)    (145)   
Other loans and investments repaid  18       
Other loans and investments made       (5)   
Net cash utilised for investment activities  (1 947)    (2 656)   
Cash flows from financing activities           
Borrowings raised  485     5 155    
Borrowings repaid  (1 061)    (1 810)   
Shares repurchased       (2 819)   
Treasury shares acquired       (200)   
Acquisition of non-controlling interests       (196)   
Decrease in amounts due by share scheme participants  9     15    
Net cash (utilised for)/generated from financing activities  (567)    145    
Net decrease in cash and cash equivalents  (423)    (837)   
Cash and cash equivalents at beginning of the year, net of bank overdrafts  883     1 715    
Foreign currency translation  19       
Cash and cash equivalents at end of the year, net of bank overdrafts  479     883