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Consolidated cash flow statement

for the year ended 31 March

  Notes   2016 
Rm 
  2015 
Rm 
 
Cash flows from operating activities            
Cash generated from operations  40     4 376     3 866    
Interest received        31     74    
Finance costs paid        (832)    (789)   
Income tax paid  41     (657)    (537)   
Dividends paid to shareholders  42     (878)    (939)   
Dividends paid to non-controlling interests        –     (8)   
Dividends received        51       
Net cash generated from operating activities        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  48     (12)    –    
Acquisition of businesses             (762)   
Acquisition of interest in associate  22     (315)    (145)   
Loans repaid by/(advanced to) associates        1     (5)   
Other loans and investments repaid        17       
Net cash utilised for investment activities        (1 947)    (2 656)   
Cash flows from financing activities                   
Borrowings raised        485     5 155    
Borrowings repaid        (1 044)    (1 794)   
Repayments of finance leases        (17)    (16)   
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  29     479     88    

The notes on page 11 to page 68 form an integral part of these consolidated financial statements.