R millions  Reviewed  
6 months to  
31 December  
2018
  
  Reviewed  
6 months to  
31 ecember  
2017  
  Audited  
Annual  
30 June  
2018  
 
Cash (utilised from)/generated by operations  (422)   400     934    
Interest received  41     31     66    
Interest paid  (51)   (50)   (112)  
Taxation paid  (43)   (106)   (174)  
Operating cash flow  (475)   275     714    
Dividends paid  (211)   (194)   (200)  
Net cash (outflow)/inflow from operating activities  (686)   81     514    
Dividends received from associate companies  —          20    
Purchase of intangible assets other than goodwill  (28)   (6)   (13)  
Purchase of property, plant and equipment by entities classified as held for sale  —     (1)   (1)  
Purchase of property, plant and equipment  (128)   (82)   (311)  
— Replacements  (17)   (27)   (78)  
— Expansions  (340)   (151)   (358)  
— Capitalised finance leases raised (non-cash) 229     96     125    
Proceeds on disposal of property, plant and equipment  20     76     116    
Net inflow on disposal of business  —     —     40    
Proceeds on disposal of investment in associate            87    
Cash related to assets held for sale  —     (26)   2    
Proceeds from realisation of investment  153     106     220    
Purchase of additional investment  —     (357)   (357)  
Net realisation of other investments           (1)  
Other (net)     (2)   (2)  
Net cash inflow/(outflow) from investing activities  19     (292)   (200)  
Net movement in borrowings (note 8) 484     (163)   (217)  
Net acquisition of treasury shares  (29)   (37)   (29)  
Net cash inflow/(outflow) from financing activities  455     (200)   (246)  
Total (decrease)/increase in net cash and cash equivalents  (212)   (411)   68    
Net cash and cash equivalents at beginning of period  2 353     2 253     2 253    
Effect of foreign exchange rates  (3)   (101)   32    
Net cash and cash equivalents at end of period  2 138     1 741     2 353   
Net cash and cash equivalents comprises:             
Cash and cash equivalents  2 240     2 264     2 464    
Bank overdrafts  (102)   (523)   (111)  
Net cash and cash equivalents at end of period  2 138     1 741     2 353