CONDENSED CONSOLIDATED CASH FLOW STATEMENT
| 2010 Reviewed Rm |
2009 Audited Rm |
|
| Cash flows from operating activities | ||
| Operating profit before working capital changes (note 10) | 2 237,5 | 2 228,6 |
| Increase in working capital | (541,4) | (554,7) |
| Cash generated by operations | 1 696,1 | 1 673,9 |
| Interest received | 11,6 | 17,8 |
| Interest paid | (261,5) | (249,8) |
| Taxation paid | (487,3) | (551,3) |
| Dividends received | 13,8 | 19,1 |
| Dividends paid | (608,2) | (589,8) |
| Net cash inflows from operating activities | 364,5 | 319,9 |
| Cash flows from investing activities | ||
| Purchase of property, plant and equipment | (289,6) | (370,6) |
| Proceeds from sale of property, plant and equipment | 9,4 | 3,7 |
| Acquisition of client list | (0,1) | (0,2) |
| Acquisition of Massdiscounters’ credit business | – | (175,0) |
| Decrease in participation in export partnerships | 9,7 | 5,8 |
| Decrease in staff housing loans | 0,3 | 0,1 |
| Net cash outflows from investing activities | (270,3) | (536,2) |
| Cash flows from financing activities | ||
| Proceeds on delivery of shares by share trust | 47,2 | 88,3 |
| (Decrease) increase in non-controlling interest loans | (304,9) | 288,0 |
| Increase in RCS Group external funding | 372,1 | – |
| Decrease in interest-bearing debt | (220,8) | (33,3) |
| Net cash (outflows) inflows from financing activities | (106,4) | 343,0 |
| Net (decrease) increase in cash during the year | (12,2) | 126,7 |
| Cash at the beginning of the year | 296,2 | 169,5 |
| Cash at the end of the year | 284,0 | 296,2 |