Group Cash Flow Statement

		2005	2004
	Notes	R'000	R'000
Cash effects of operating activities
Cash generated by operations	35.1	257 665	478 296
Interest paid		(56 964)	(78 086)
Interest received		7 878	18 308
Taxation paid	35.2	(109 258)	(101 732)
Cash inflow from operating activities before dividends		99 321	316 786
Dividends paid to shareholders	23	(112 465)	(97 824)
Net cash effects of operating activities		(13 144)	218 962
Cash effects of investing activities
Investment in property, plant and equipment to maintain and expand operations	1	(170 106)	(160 349)
Acquisition of subsidiaries and businesses	35.3	–	13 310
Acquisition of additional goodwill	3	(2 484)	(203)
Proceeds from disposal of subsidiaries and businesses	35.4	–	310 356
Proceeds from disposal of property, plant and equipment		16 204	4 760
Loans advanced		(26 274)	(3 351)
Net cash effects of investing activities		(182 660)	164 523
Cash effects of financing activities
Shareholders' funds raised	35.5	57 061	33 025
Purchase of treasury shares		(126 697)	(99 523)
Long-term borrowings – raised		–	809
Long-term borrowings – repaid		(79 842)	(62 426)
Net cash effects of financing activities		(149 478)	(128 115)
Net (decrease)/increase in cash and cash equivalents		(345 282)	255 370
Adjustment for foreign exchange fluctuation		–	120
Cash and cash equivalents at beginning of the year		401 694	146 204
Cash and cash equivalents at end of the year	35.6	56 412	401 694