Full integrated annual report - African Bank - Investoreports
Full integrated annual report - African Bank - Investoreports
Full integrated annual report - African Bank - Investoreports
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>African</strong> <strong>Bank</strong> Investments Limited<br />
Company statement of cash fl ows<br />
for the year ended 30 September 2011<br />
R million 2011 2010<br />
Cash generated from operating activities 2 293 6 900<br />
Decrease in working capital 3 28<br />
Decrease in other assets – 26<br />
Increase in other liabilities 3 2<br />
Direct taxation paid (152) –<br />
Cash fl ow from operating activities 2 144 6 928<br />
Cash outfl ow from investing activities (867) (5 403)<br />
Increase in investment in <strong>African</strong> <strong>Bank</strong> Limited (867) (5 403)<br />
Cash outfl ow from fi nancing activities (1 284) (1 498)<br />
Decrease in loans to subsidiaries – 26<br />
Issue of preference shares 236 –<br />
Dividends paid to preference shareholders (32) (36)<br />
Dividends paid to ordinary shareholders (1 488) (1 488)<br />
(Decrease)/increase in cash and cash equivalents (7) 27<br />
Cash and cash equivalents at the beginning of the year 28 1<br />
Cash and cash equivalents at the end of the year 21 28<br />
Integrated <strong>report</strong> 2011 | <strong>African</strong> <strong>Bank</strong> Investments Limited<br />
61