Condensed consolidated interim statement of cash flows

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for the six months ended 30 September 2013
  Reviewed Reviewed
30 September 2012
30 September 2011
  Rm Rm
Cash flows from operating activities 3 490 2 175
Cash receipts from customers 16 146 15 914
Cash paid to suppliers and employees (12 161) (12 553)
Cash generated from operations 3 985 3 361
Interest received 243 311
Finance charges paid (243) (413)
Taxation paid (390) (272)
Cash generated from operations before dividend paid 3 595 2 987
Dividend paid (105) (812)
Cash flows from investing activities (2 085) (1 629)
Proceeds on disposal of property, plant and equipment and intangible assets - 10
Additions to property, plant and equipment and intangible assets (2 085) (1 639)
Cash flows from financing activities (2 007) (1 046)
Loans raised 2 012 851
Loans repaid (1 715) (2 079)
Finance lease capital repaid (93) (87)
(Increase)/decrease in repurchase agreements** (2 272) 561
Decrease/(increase) in net derivatives 61 (292)
Net decrease in cash and cash equivalents (602) (500)
Net cash and cash equivalents at beginning of period 1 165 1 773
Effect of foreign exchange rate differences (2) (6)
Net cash and cash equivalents at end of period* 561 1 267
* For September 2011 cash flow activities on discontinued operations refer to note 7
** Repurchase agreements which have a short-term maturity averaging between 7 and 21 days form part of other financial assets. The investment was made to take advantage of favourable interest rate. Refer to note 12 Including repurchase agreements, cash and cash equivalents would have been R2,833 million (2011: R706 million).