Summarised consolidated cash flow statement
for the year ended 31 March 2015

  2015   2014  
  Rm   Rm  
Cash flows from operating activities      
Operating profit   3 042   3 122  
Non-cash movements   1 312   1 139  
Increase in working capital   (488)  (497) 
Cash generated from operations   3 866   3 764  
Interest received   74   20  
Finance costs paid   (789)  (396) 
  3 151   3 388  
Income tax paid   (537)  (756) 
Dividends paid to shareholders   (939)  (878) 
Dividends paid to non-controlling interests   (8)  (19) 
Dividends received   7   3  
Net cash generated from operations   1 674   1 738  
Cash flows from investment activities      
Purchase of property, plant and equipment   (1 610)  (1 337) 
Proceeds from disposals of property, plant and equipment   5   11  
Purchase of intangible assets   (136)  (37) 
Development and purchase of investment property   (7)  (45) 
Acquisition of subsidiaries, net of cash acquired   –   (507) 
Acquisition of businesses   (762)  (67) 
Acquisition of interest in associate   (145)  (6) 
Other loans and investments repaid   4   3  
Other loans and investments made   (5)  (21) 
Net cash utilised for investment activities   (2 656)  (2 006) 
Cash flows from financing activities      
Borrowings raised   5 155   2 407  
Borrowings repaid   (1 810)  (797) 
Shares repurchased   (2 819)  –  
Treasury shares acquired   (200)  –  
Acquisition of non-controlling interests   (196)  (419) 
Decrease in amounts due by share scheme participants   15   6  
Net cash generated from financing activities   145   1 197  
Net (decrease)/increase in cash and cash equivalents   (837)  929  
Cash and cash equivalents at beginning of the year, net of bank overdrafts   1 715   750  
Foreign currency translation   5   36  
Cash and cash equivalents at end of the year, net of bank overdrafts   883   1 715