Summarised consolidated statement of cash flows for the year ended 30 September 2021
| Notes | 2021 R’m |
Change % |
2020 R’m |
|
| Cash generated from operations | 5 687 | 24.7 | 4 562 | |
|---|---|---|---|---|
| Transaction costs paid relating to acquisitions and disposals | – | (17) | ||
| Finance income received | 169 | 93 | ||
| Tax paid | (714) | (597) | ||
| Net cash generated from operating activities | 5 142 | 27.2 | 4 041 | |
| Capital expenditure | (1 899) | (1 964) | ||
| Acquisition of subsidiaries (net of cash acquired) and contingent considerations paid | 2 | (167) | (43) | |
| Proceeds from disposal of discontinued operation (net of cash disposed) | 2 | 573 | – | |
| Other | 23 | 13 | ||
| Net cash utilised in investing activities | (1 470) | (1 994) | ||
| Proceeds from interest-bearing borrowings | 5 221 | 12 766 | ||
| Repayment of interest-bearing borrowings | (5 568) | (13 525) | ||
| Contingent considerations paid | – | (37) | ||
| Dividends paid to Company's shareholders | – | (778) | ||
| Finance cost paid | (710) | (823) | ||
| Other | (198) | (381) | ||
| Net cash utilised in financing activities | (1 255) | (2 778) | ||
| Net increase/(decrease) in cash and cash equivalents | 2 417 | (731) | ||
| Cash and cash equivalents – beginning of the year | 98 | 677 | ||
| Effect of foreign currency rate movements | (168) | 152 | ||
| Cash and cash equivalents at the end of the year1 | 2 347 | 98 |
| 1 | Cash and cash equivalents at the end of the year are net of bank overdrafts. |
For cash flows of discontinued operation refer to note 2.