For the year to 31 March
R’million |
2011 |
2010 |
| Cash flows from operating activities |
|
|
| Cash generated by operating activities |
1 691 |
1 404 |
| Taxation received |
41 |
– |
| (Decrease)/increase in operating liabilities |
(13) |
5 |
| Increase/(decrease) in income earning assets |
241 |
(25) |
| Net cash inflow from operating activities |
1 960 |
1 384 |
| Cash flows from financing activities |
|
|
| Proceeds on issue of shares, net of related costs |
266 |
462 |
| Dividends paid |
(1 119) |
(984) |
| Net increase in subsidiaries and loans to group companies |
(1 107) |
(864) |
| Net cash outflow from financing activities |
(1 960) |
(1 386) |
| Net decrease in cash and cash equivalents |
– |
(2) |
| Cash and cash equivalents at beginning of year |
27 |
29 |
| Cash and cash equivalents at end of year |
27 |
27 |
| Cash and cash equivalents is defined as including: |
|
|
| Cash and balances at central banks |
– |
– |
| On demand loans and advances to banks |
27 |
27 |
| Cash equivalent advances to customers |
– |
– |
| Cash and cash equivalents at the end of the year |
27 |
27 |