| |
|
2009 |
2008 |
| |
Notes |
Rm |
Rm |
| Cash generated by operations |
49.1 |
14 915 |
14 557 |
| Cash received from clients |
49.2 |
62 380 |
68 473 |
| Cash paid to clients, employees and suppliers |
49.3 |
(48 220) |
(54 485) |
| Dividends received on investments |
|
50 |
234 |
| Recoveries on loans previously written off |
|
457 |
379 |
| Effects of exchange rate changes on opening cash and cash equivalents |
|
|
|
| (excluding foreign borrowings) |
|
248 |
(44) |
| Change in funds for operating activities |
|
(14 603) |
(10 674) |
| Increase in operating assets |
49.4 |
(6 009) |
(81 992) |
| (Decrease)/Increase in operating liabilities |
49.5 |
(8 594) |
71 318 |
| Net cash from operating activities before taxation |
|
312 |
3 883 |
| Taxation paid |
49.6 |
(2 318) |
(2 233) |
| Cashflows (utilised by)/from operating activities |
|
(2 006) |
1 650 |
| Cashflows utilised by investing activities |
|
(3 171) |
(999) |
| Acquisition of property and equipment, computer software and development costs and investment property |
|
(2 568) |
(1 547) |
| Disposal of property and equipment, computer software and development costs and investment property |
|
278 |
18 |
| Disposal of investment banking assets |
|
14 |
8 |
| Acquisition of associate companies |
|
(84) |
(321) |
| Disposal of associate companies |
|
151 |
282 |
| Acquisition of other investments |
|
(3 311) |
(810) |
| Disposal of other investments |
|
2 301 |
1 331 |
| Disposal of investments in subsidiary companies net of cash |
49.7 |
|
40 |
| Acquisition of investments in subsidiary companies net of cash |
49.8 |
48 |
|
| Cashflows from/(utilised) financing activities by |
|
4 878 |
(685) |
| Net proceeds from issue of ordinary shares |
|
1 458 |
657 |
| Issue of long-term debt instruments |
|
6 193 |
2 263 |
| Redemption of long-term debt instruments |
|
(170) |
(528) |
| Dividends paid to ordinary shareholders |
49.9 |
(2 253) |
(2 736) |
| Preference share dividends paid |
|
(350) |
(341) |
| |
|
|
|
| Net decrease in cash and cash equivalents |
|
(299) |
(34) |
| Cash and cash equivalents at the beginning of the year* |
|
18 674 |
18 708 |
| Cash and cash equivalents at the end of the year* |
21 |
18 375 |
18 674 |
| * Including mandatory reserve deposits with central banks. |
