Company cash flow statement

							Company cash flow statement
for the year ended 31 December 2008


                                                                       December 2008    December 2007
                                                               Notes             Rm               Rm

CASH FLOWS FROM OPERATING ACTIVITIES
Cash generated from/(utilised in) operations                      8             192              (112)
Interest received                                                 2              26                  3
Income tax paid                                                   9             (262)              (16)
Dividends paid                                                                (2 536)           (1 675)
Dividends received                                                2            2 790            1 715
Net cash generated/(utilised) in operating activities                           210                (85)

CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from the issuance of ordinary shares                     6              41                60
Net cash generated from financing activities                                     41                60
Net decrease in cash and cash equivalents                                       251                (25)
Cash and cash equivalents at beginning of year                                   31                56
Cash and cash equivalents at end of year                          5             282                31




140/141
MTN Integrated Business Report              31 December 2008