PPS Integrated Report 2021 137 | Consolidated Statement of Cash Flows CONSOLIDATED STATEMENT OF CASH FLOWS for the year ended 31 December 2021 Group 2021 2020 Restated* Note R’m R’m Cash flows from operating activities Cash utilised by operations 31 (1 612) (395) Interest received 1 116 1 132 Dividend received 779 822 Finance costs 29 (5) (19) Tax paid 32 (297) (169) Net cash (used in) / from operating activities (19) 1 371 Cash flows from investing activities Purchases of property and equipment 2 (21) (25) Improvements to investment property 3 (2) (4) Software development 5 (62) (105) Purchase of financial assets 6,16 (31 560) (28 706) Proceeds from sale of furniture and equipment 1 – Proceeds from disposal of financial assets 32 879 27 506 Net cash from / (used in) investing activities 1 235 (1 334) Cash flows from financing activities Decrease in finance lease liabilities (24) (22) Decrease in borrowings 17 (54) (14) Net cash used in financing activities (78) (36) Net increase in cash and bank 1 138 1 Effect of exchange rate changes on cash and cash equivalents 110 (44) Cash and cash equivalents at beginning of year 2 306 2 349 Cash and cash equivalents at end of year 9 3 554 2 306 * See Note 34
RkJQdWJsaXNoZXIy NzI4MzY4