| |
|
|
|
2008 |
|
|
2007 |
| |
Notes |
|
|
Rm |
|
|
Rm |
| Cash generated by operations |
48.1 |
|
|
14 557 |
|
|
12 453 |
| Cash received from clients |
48.2 |
|
|
68 473 |
|
|
52 288 |
| Cash paid to clients, employees and suppliers |
48.3 |
|
|
(54 485) |
|
|
(40 388) |
| Dividends received on investments |
|
|
|
234 |
|
|
131 |
| Recoveries on loans previously written off |
|
|
|
379 |
|
|
417 |
| Effects of exchange rate changes on opening cash and cash equivalents |
|
|
|
|
|
|
|
| (excluding foreign borrowings) |
|
|
|
(44) |
|
|
5 |
| Change in funds for operating activities |
|
|
|
(10 674) |
|
|
(10 691) |
| Increase in operating assets |
48.4 |
|
|
(81 992) |
|
|
(66 697) |
| Increase in operating liabilities |
48.5 |
|
|
71 318 |
|
|
56 006 |
| |
|
|
|
|
|
|
|
| Net cash from operating activities before taxation |
|
|
|
3 883 |
|
|
1 762 |
| Taxation paid |
48.6 |
|
|
(2 233) |
|
|
(2 419) |
| Cashflows from/(utilised by) operating activities |
|
|
|
1 650 |
|
|
(657) |
| Cashflows utilised by investing activities |
|
|
|
(999) |
|
|
(2 063) |
| Acquisition of property and equipment, computer software and |
|
|
|
|
|
|
|
| development costs and investment property |
|
|
|
(1 547) |
|
|
(1 039) |
| Disposal of property and equipment, computer software and |
|
|
|
|
|
|
|
| development costs and investment property |
|
|
|
18 |
|
|
46 |
| Net disposal of investment banking assets |
|
|
|
8 |
|
|
28 |
| Acquisition of associate companies |
|
|
|
(321) |
|
|
(529) |
| Disposal of associate companies |
|
|
|
282 |
|
|
458 |
| Acquisition of other investments |
|
|
|
(810) |
|
|
(1 808) |
| Disposal of other investments |
|
|
|
1 331 |
|
|
662 |
| Disposal of investments in subsidiary companies net of cash |
48.7 |
|
|
40 |
|
|
366 |
| Acquisition of investments in subsidiary companies net of cash |
48.8 |
|
|
|
|
|
(247) |
| Cashflows (utilised by)/from financing activities |
|
|
|
(685) |
|
|
2 122 |
| Net proceeds from issue of ordinary shares |
|
|
|
657 |
|
|
1 001 |
| Issue of long-term debt instruments |
|
|
|
2 263 |
|
|
8 062 |
| Redemption of long-term debt instruments |
|
|
|
(528) |
|
|
(4 254) |
| Dividends paid to ordinary shareholders |
48.9 |
|
|
(2 736) |
|
|
(2 402) |
| Preference share dividends paid |
|
|
|
(341) |
|
|
(285) |
| |
|
|
|
|
|
|
|
| Net decrease in cash and cash equivalents |
|
|
|
(34) |
|
|
(598) |
| Cash and cash equivalents at the beginning of the year* |
|
|
|
18 708 |
|
|
19 306 |
| Cash and cash equivalents at the end of the year* |
21 |
|
|
18 674 |
|
|
18 708 |
| |
|
|
|
|
|
|
|