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GROUP
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COMPANY
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Restated |
Restated |
||||
18-months |
Year |
18-months |
Year |
||
ended |
ended |
ended |
ended |
||
31
Dec |
30 June |
31
Dec |
30 June |
||
2004 |
2003 |
2004 |
2003 |
||
Notes |
Rm
|
Rm |
Rm
|
Rm |
|
| CASH FLOWS FROM | |||||
| OPERATING ACTIVITIES | |||||
| Cash retained from operations | 2 614 |
1 564 |
(13) |
(68) |
|
| Income from equity | |||||
| accounted investments | 18 |
49 |
|||
| Income from investments | 650 |
529 |
|||
| Net financing costs | (355) |
(240) |
(265) |
(182) |
|
| Normal taxation paid | (311) |
(310) |
(54) |
(32) |
|
| Dividend paid | (361) |
(283) |
(344) |
(252) |
|
1 605 |
780 |
(26) |
(5) |
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| CASH FLOWS FROM | |||||
| INVESTING ACTIVITIES | |||||
| Investment to maintain | |||||
| operations | (571) |
(264) |
(16) |
(14) |
|
| Investment to expand | |||||
| operations | (825) |
(1 122) |
|||
| Proceeds from disposal of | |||||
| property, plant and | |||||
| equipment | 138 |
44 |
6 |
||
| Proceeds from disposal | |||||
| of associate | 100 |
||||
| Investment in other | |||||
| non-current assets | (96) |
(36) |
(159) |
(108) |
|
| Increase in cash resources on acquisition of a controlling | |||||
| interest in subsidiaries | 366 |
||||
| Acquisition of joint ventures | |||||
| and associates | (34) |
||||
| Foreign currency translations | (63) |
28 |
(4) |
(37) |
|
(1 317) |
(1 018) |
(179) |
(153) |
||
| NET CASH INFLOW/(OUTFLOW) | 288 |
(238) |
(205) |
(158) |
|
| CASH FLOWS FROM | |||||
| FINANCING ACTIVITIES | |||||
| Non-current interest-bearing | |||||
| borrowings raised | 967 |
2 094 |
565 |
379 |
|
| Non-current interest-bearing | |||||
| borrowings repaid | (1 139) |
(1 241) |
(445) |
||
| Current interest-bearing | |||||
| borrowings raised/(repaid) | 47 |
(425) |
(78) |
(406) |
|
| Proceed from issuance of | |||||
| share capital | 132 |
133 |
|||
| Increase in loans from minority | |||||
| shareholders | (1) |
95 |
|||
6 |
523 |
175 |
(27) |
||
| NET INCREASE IN CASH AND | |||||
| CASH EQUIVALENTS | 294 |
285 |
(30) |
(185) |
|
| CASH AND CASH EQUIVALENTS | |||||
| AT BEGINNING OF YEAR | 964 |
679 |
156 |
341 |
|
| CASH AND CASH EQUIVALENTS | |||||
| AT END OF YEAR | 1 258 |
964 |
126 |
156 |
|
| CALCULATION OF MOVEMENT | |||||
| IN NET DEBT | |||||
| Net cash inflow as above | 288 |
(238) |
|||
| Add: | |||||
| – Shares issued | 132 |
||||
| – Cash flows included above | |||||
| relating to non-interest- | |||||
| bearing debt | 2 |
||||
| – Loans (to)/from minority | |||||
| shareholders | (1) |
95 |
|||
| – Increase in net debt on | |||||
| acquisition of controlling | |||||
| interest in subsidiaries | (891) |
||||
| – Non-cash flow movement in | |||||
| net debt applicable to special | |||||
| purpose entities | (22) |
(18) |
|||
| – Non-cash flow movements in | |||||
| net debt applicable | |||||
| to currency translation | |||||
| differences of transactions | |||||
| denominated in | |||||
| foreign currency | 101 |
(11) |
|||
| – Non-cash flow movements in | |||||
| net debt applicable to | |||||
| currency translation | |||||
| differences of net debt items | |||||
| of foreign entities | (33) |
(170) |
|||
| (INCREASE)/DECREASE IN | |||||
| NET DEBT | 465 |
(1 231) |
|||