Cash flow statement

  Year ended
31 Dec 2005
 
Rm
  Year ended
31 Dec 2004
Restated
Rm
 
Cash flows from operating activities 110,5   96,3  
Cash generated from operations        
  before working capital changes 218,5   164,8  
Net working capital changes (85,5)   (44,4)  
Cash generated from operations 133,0   120,4  
Net finance costs (19,4)   (10,6)  
Taxation paid (3,1)   (13,5)  
Cash flows from investing activities (139,1)   (474,1)  
Acquisition of subsidiaries, net of cash acquired   (444,2)  
Acquisition of property, plant and equipment        
– replacement (26,0)   (27,9)  
– expansion (139,2)   (35,0)  
Other investing activities 26,1   33,0  
Cash flows from financing activities (81,8)   340,3  
Decrease in borrowings (73,1)   (33,5)  
Dividends paid, net of capitalisation issue (8,7)    
Proceeds on share issue   373,8  
         
Net decrease in cash and cash equivalents (110,4)   (37,5)  
Opening cash and cash equivalents (0,3)   37,2  
Closing cash and cash equivalents (110,7)   (0,3)