Cash flow statements

for the year ended 31 December 2006

		Group		Company
			Restated		Restated
		2006	2005	2006	2005
	Notes	Rm	Rm	Rm	Rm
CASH FLOWS FROM
OPERATING ACTIVITIES
Cash retained/(utilised in)
from operations	28.1	4 761	3 864	(176)	36
Income from equity accounted
investments	28.2
Income from investments	6			4 566	1 552
Net financing costs	28.3	(278)	(189)	(108)	(117)
Normal taxation paid	28.4	(1 927)	(821)	(411)	(216)
Dividends paid	28.5	(3 396)	(1 447)	(3 391)	(1 430)
		(840)	1 407	480	(175)
Cash flows from investing
activities
Investments to maintain
operations	28.6	(689)	(389)	(60)	(25)
Investments to expand
operations	28.7	(1 321)	(655)
Investment in intangible assets			(11)
Proceeds from disposal of
property, plant and equipment		170	23	6
Proceeds from disposal
of associate		48		12
Investment in other
non-current assets	28.8	(40)	(1 177)	(3)	96
Proceeds from disposal
of subsidiaries			2
Acquisition of subsidiary	29	(1 545)
Proceeds from disposal
of investments		26	1 179	3
Foreign currency translations	28.9	300	80	2	(1)
		(3 051)	(948)	(40)	70
Net cash (outflow)/inflow		(3 891)	459	440	(105)
Cash flows from financing
activities
Non-current interest-bearing
borrowings raised		4 196	360	434	786
Non-current interest-bearing
borrowings repaid		(2 388)	(827)	(3 777)	(368)
Current interest-bearing
borrowings (repaid)/raised		(290)	66	315	(65)
Proceeds from issuance of
share capital		2 199	128	2 372	132
		3 717	(273)	(656)	485
NET (DECREASE)/INCREASE
IN CASH AND CASH
EQUIVALENTS		(174)	186	(216)	380
Cash and cash equivalents
at beginning of year		1 483	1 297	506	126
Less: cash and cash equivalents
of unbundled subsidiaries		(403)
Cash and cash equivalents
at end of year		906	1 483	290	506
Calculation of movement
in net debt:
Net cash (outflow)/inflow
as above		(3 891)	459
Add:
– Shares issued		2 199	128
– Share-based payments		(54)
– Loans from minority
shareholders			2
– Non-cash increase in loans
due to joint ventures now
consolidated			(1)
– Increase in net debt on
acquisition of subsidiary		(120)
– Prior year adjustment,
increase in net debt due to
application of IFRIC 4			(247)
– Non-cash flow movements
in net debt applicable to currency
translation differences of
transactions denominated
in foreign currency		16	(96)
– Non-cash flow movements
in net debt applicable to currency
translation differences of net
debt items of foreign entities	28.9	(195)	(13)
– Less: net debt of unbundled
subsidiaries		2 762
Decrease in net debt		717	232

Cash flow statements

for the year ended 31 December 2006

Group

Company

Restated

Restated

2006

2005

2006

2005

Notes

Rm

Rm

Rm

Rm

CASH FLOWS FROM

OPERATING ACTIVITIES

NET (DECREASE)/INCREASE

IN CASH AND CASH

EQUIVALENTS