Consolidated statement of cash flows
for the year ended 31 March
| Rm |
Notes |
|
2017 |
|
| Cash generated from operations |
|
|
32 299 |
|
31 791 |
|
| Tax paid |
|
|
(6 194) |
|
(6 051) |
|
| Net cash flows from operating activities |
|
|
26 105 |
|
25 740 |
|
| Cash flows from investing activities |
|
|
|
|
|
|
|
Additions to property, plant and equipment and intangible assets |
|
|
(10 825) |
|
(11 689) |
|
| Proceeds from disposal of property, plant and equipment and intangible assets |
|
|
187 |
|
73 |
|
| Business combinations |
|
|
– |
|
(285) |
|
|
Acquisition of subsidiary and associate (net of cash and cash equivalents acquired) |
|
|
(410) |
|
– |
|
|
Proceeds on disposal of associate |
|
|
797 |
|
– |
|
|
Dividends received from associate |
|
|
1 988 |
|
– |
|
| Finance income received |
|
|
859 |
|
689 |
|
| Repayment of loans granted and equity investments |
|
|
– |
|
295 |
|
| Other investing activities 1 |
|
|
(1 122) |
|
(1 278) |
|
| Net cash flows utilised in investing activities |
|
|
(8 526) |
|
(12 195) |
|
| Cash flows from financing activities |
|
|
|
|
|
|
|
Borrowings incurred |
|
|
1 124 |
|
4 000 |
|
|
Borrowings repaid |
|
|
(107) |
|
(1 568) |
|
| Finance costs paid |
|
|
(3 182) |
|
(2 699) |
|
|
Dividends paid - equity shareholders |
|
|
(13 010) |
|
(11 657) |
|
| Dividends paid - non-controlling interests |
|
|
(393) |
|
(91) |
|
| Repurchase and sale of shares |
|
|
(269) |
|
(134) |
|
|
Changes in subsidiary holdings |
|
|
2 770 |
|
240 |
|
| Net cash flows utilised in financing activities |
|
|
(13 067) |
|
(11 909) |
|
| Net increase/(decrease) in cash and cash equivalents |
|
|
4 512 |
|
1 636 |
|
| Cash and cash equivalents at the beginning of the year |
|
|
8 873 |
|
7 751 |
|
| Effect of foreign exchange rate changes |
|
|
(847) |
|
(514) |
|
| Cash and cash equivalents at the end of the year |
|
|
12 538 |
|
8 873 |
|
Note:
1. Consists mainly of the movement in restricted cash deposits of R821 million (2017: R836 million) as a result of M-Pesa related activities.
