Cash flow statement

for the year ended 28 February 2009

		GROUP
		2009		2008
	Notes	R millions		R millions
CASH FLOWS FROM OPERATING ACTIVITIES		646		1 304
Cash generated by operations	34	2 046		2 220
Interest received		171		160
Dividends received	35	16		28
Interest paid		(276)		(72)
Taxation paid	36	(666)		(537)
Cash available from operating activities		1 291		1 799
Dividends paid
– to Altron equity holders		(490)		(331)
– to minority interest		(155)		(164)
CASH FLOWS UTILISED IN INVESTING ACTIVITIES		(1 904)		(1 532)
Acquisition of subsidiaries	37	(1 042)		(619)
Proceeds on disposal of subsidiary	38	75		4
Proceeds on disposal of property, plant and equipment	39	78		27
Net repayment/(advance) of rental finance advances		2		(1)
Acquisition of property, plant, equipment and intangibles		(1 008)		(479)
Other investing activities	40	(9)		(464)
CASH FLOWS FROM FINANCING ACTIVITIES		345		704
Loans raised		93		692
Proceeds on share issue		18		12
Subsidiaries’ equity contributions from minorities	41	234		—
(DECREASE)/INCREASE IN NET CASH AND CASH EQUIVALENTS		(913)		476
Net cash and cash equivalents at the beginning of the year		2 083		1 589
Effect of foreign exchange translation on cash balances		10		18
NET CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR	9	1 180		2 083