Cash Flow Statement - Interim Results 2017 - Financial

	for the six months ended 30 September 2016
		Reviewed	Reviewed
		Six months ended	Six months ended
		30 September 2016	30 September 2015
	Notes	Rm	Rm
Cash flows from operating activities		1 819	700
Cash receipts from customers		20 042	17 010
Cash paid to suppliers and employees		(16 465)	(14 627)
Cash generated from operations		3 577	2 383
Interest received		253	245
Finance charges paid		(191)	(437)
Taxation paid		(373)	(162)
Cash generated from operations before dividend paid		3 266	2 029
Dividend paid		(1 447)	(1 329)
Cash flows from investing activities		(1 805)	(3 106)
Proceeds on disposal of property, plant and equipment and intangible assets		107	96
Additions to assets for capital expansion^*		(3 547)	(2 048)
Decrease in repurchase agreements		1 634	1 101
Acquisition of subsidiary, net of cash acquired	13	1	(2 255)
Cash flows from financing activities		(732)	(538)
Loans raised		-	1 765
Loans repaid		(377)	(2 044)
Finance lease capital repaid		(18)	(414)
Purchase of shares for the Telkom Share Plan		(205)	-
Proceeds from net derivatives		99	189
Repayment from net derivatives		(231)	(34)
Net decrease in cash and cash equivalents		(718)	(2 944)
Net cash and cash equivalents at beginning of period		2 542	3 642
Effect of foreign exchange rate differences on cash and cash equivalents		(3)	2
Net cash and cash equivalents at end of period		1 821	700
*Includes R57 million (2015: R135 million) inventory purchases in the current financial period.

Financial Results