Cash flow statements for the year ended 31 March 2008

GROUP COMPANY       2008  2007  2008  2007    Notes   R?000  R?000  R?000  R?000  Cash flows from operating activities             Cash generated from/(utilised in) operations 22.1   242 438 (142 598) 5 100 2 777 Finance costs     (14 292) (1 191) (6 246) (1 692) Interest income     42 440 35 197 9 438 4 753 Dividends received     ? 33 25 343 101 640 Taxation paid 22.2   (32 794) (51 210) (3 210) (11 346) Dividends paid 22.3   (26 551) (98 639) (25 442) (103 190) Cash generated from /(utilised in) operating activities     211 241 (258 408) 4 983 (7 058) Cash flows from investing activities             Proceeds on sale of equipment     255 71 4 1 Additions to equipment     (19 563) (4 467) (8 021) (523) Increase in loans to subsidiaries     ? ? (49 923) (7 518) Decrease in loans to subsidiaries     ? ? 8 681 26 099 Acquisition of subsidiary, net of cash acquired 19   ? (11 570) ? ? Proceeds on sale of investments     1 939 72 592 1 000 715 Additional settlement on BEE deal     122 - 122 ? Purchase of investments     ? ? ? (11 801) Cash (utilised in)/generated from investing activities     (17 247) 56 626 (48 137) 6 973 Cash flows from financing activities             Treasury stock acquired     (47 832) (18 951) ? ? Treasury stock issued     11 906 10 425 ? ? Long-term loans raised     50 000 2 164 50 000 ? Long-term loans repaid     (819) ? ? ? Cash generated from/(utilised in) financing activities     13 255 (6 362) 50 000 ? Net (decrease)/increase in cash and cash equivalents     207 249 (208 144) 6 846 (85) Cash and cash equivalents at beginning of year     174 594 356 277 813 898 Effect of exchange rate fluctuations     16 975 26 461 ? ? Cash and cash equivalents at end of year 18   398 818 174 594 7 659 813 Cash and cash equivalents     399 068 189 488 7 659 1 017 Bank overdraft     (250) (14 894) ? (204)       398 818 174 594 7 659 813

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