Statements of cash flows

for the year ended 31 March 2020

      Group   Company  
  Notes   31 March
2020
Rm		   31 March
2019
Rm		   31 March
2020
Rm		   31 March
2019
Rm		  
Cash flows from operating activities     8 563   5 706   7 745   3 676  
Cash receipts from customers     43 239   40 341   42 551   38 374  
Cash paid to suppliers and employees     (30 483)   (31 438)   (31 412)   (32 489)  
Cash generated from operations 32   12 756   8 903   11 139   5 885  
Interest received     212   441   168   293  
Dividend received     –   –   –   116  
Finance charges paid 34   (1 374)   (847)   (1 626)   (840)  
Taxation paid 35   (1 320)   (945)   (300)   –  
Cash generated from operations before dividend paid     10 274   7 552   9 381   5 454  
Dividend paid 36   (1 711)   (1 846)   (1 636)   (1 778)  
Cash flows utilised for investing activities     (5 961)   (7 522)   (5 642)   (5 643)  
Proceeds on disposal of property, plant and equipment and intangible assets     28   35   10   22  
Additions to assets for capital expansion     (7 712)   (7 584)   (6 935)   (7 227)  
Loans repaid by subsidiaries/(loans advanced to subsidaries)     –   –   (8)   162  
Proceeds on disposal of SOX, BCX Nigeria and BCX Tanzania 11   244   –   –   –  
Realisation of investments in other financial assets     –   45   –   –  
Transfer of funds from subsidiaries for sinking fund (preference share settlement reserve)     –   –   (209)   1 400  
Investments made by FutureMakers     (21)   (18)   –   –  
Withdrawal from the Absa sinking fund investment 16.2.2   1 500   –   1 500   –  
Cash flows from financing activities     696   717   555   755  
Loans raised 33   8 660   3 246   8 660   3 246  
Loans repaid 33   (6 950)   (2 544)   (6 950)   (2 547)  
Other financing activities     (104)   –   (104)   –  
Purchase of shares for the Telkom and subsidiaries long-term incentive share scheme     (172)   (47)   (172)   (47)  
Acquisition of non-controlling interest in Yellow Pages 11   (160)   –   –   –  
Shares repurchased and cancelled     –   –   –   3  
Repayment of lease liability     (780)   (42)   (1 081)   (4)  
Repayment of derivatives     (176)   (222)   (176)   (222)  
Proceeds from derivatives     378   326   378   326  
Net increase/(decrease) in cash and cash equivalents     3 298   (1 099)   2 658   (1 212)  
Net cash and cash equivalents at 1 April     1 428   2 527   575   1 787  
Net cash and cash equivalents at the end of the year 23   4 726   1 428   3 233   575