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Statements of cash flowsfor the year ended 31 March 2026

      Group   Company  
   Notes  31 March 
2026 
Rm
 
31 March 
2025 
Rm 
31 March 
2026 
Rm 
31 March 
2025 
Rm 
Cash flows from operating activities     9 810  11 057  5 799  7 185 
Cash receipts from customers     45 389  44 484  33 962  32 735 
Cash paid to suppliers and employees     (33 125) (31 493) (27 298) (26 082)
Cash generated from operations  3.6  12 264  12 991  6 664  6 653 
Interest received     584  537  1 243  1 311 
Dividend received     240  30  787  1 219 
Finance charges paid  6.6  (1 518) (2 023) (1 311) (1 876)
Taxation paid  8.3  (297) (396) (147) (66)
Repayment of derivatives – FECs     (245) (177) (183) (127)
Proceeds from derivatives – FECs     81  101  65  76 
Cash generated from operations before dividend paid     11 109  11 063  7 118  7 190 
Dividend paid  9.4  (1 299) (6) (1 319) (5)
Cash flows (utilised for)/generated from investing activities     (6 271) 1 280  (3 328) 4 219 
Proceeds on disposal of property, plant and equipment1     265  767  24  87 
Additions to property, plant and equipment and intangible assets     (6 295) (6 165) (3 179) (2 776)
Loans advanced to subsidiaries       —  (378) — 
Loans repaid by subsidiaries       —  378  — 
SMME loans advanced to external parties  7.3  (13) (7) (13) (7)
SMME loans repaid by external parties  7.3  14  12  13  10 
Investment made in FutureMakers       (11)   — 
Cash received from FutureMakers       —  8  12 
Net proceeds from sale of Swiftnet2  12.2    6 441    6 618 
Repayment of derivatives – FECs     (311) (190) (233) (139)
Proceeds from derivatives – FECs     106  109  81  84 
Proceeds from plan assets  10.1    330    330 
Restricted cash     (37) (6) (29) — 
Cash flows utilised for financing activities     (6 870) (5 222) (6 523) (4 278)
Loans raised  3.7  1 480  4 276  1 480  4 276 
Loans repaid  3.7  (6 434) (6 905) (6 434) (6 905)
Purchase of shares for the Telkom and subsidiaries long-term incentive share scheme       (107)   (107)
Repayment of principal lease liabilities  3.7  (1 910) (2 496) (1 563) (1 552)
Repayment of derivatives – interest rate swaps     (160) —  (160) — 
Proceeds from derivatives – interest rate swaps     154  10  154  10 
                 
Net (decrease)/increase in cash and cash equivalents     (3 331) 7 115  (4 052) 7 126 
Cash and cash equivalents at 1 April     11 054  3 939  8 989  1 863 
Cash and cash equivalents at the end of the year  4.4  7 723  11 054  4 937  8 989 
1 The decrease in proceeds from the disposal of property, plant and equipment and intangible assets is mainly due to the significantly lower volumes of properties disposed in the current year, following the higher sale of properties in the prior year. These properties were previously included in the Gyro Properties portfolio and earmarked for auction.
2 This includes cash proceeds of R6 618 million (refer to note 12.2), less the transfer of cash and cash equivalents to TowerCo BidCo of R177 million (refer to note 12.2) for the Group.
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