Sanlam Limited – Cash flow statement

for the year ended 31 December 2010
 
R million Note
2010
2009
Cash flow from operating activities
1 487
2 204
Cash utilised in operations 10
(10)
(468)
Dividends received
3 843
4 855
Dividends paid
(2 208)
(2 135)
Taxation paid
(138)
(48)
Cash flow from investment activities
 
Proceeds from Sale of Associate
27
Cash flow from financing activities
 
Shares cancelled  
(1 470)
(420)
Net increase in cash and cash equivalents
44
1 784
Cash and cash equivalents at beginning of the year
1 523
(261)
Cash and cash equivalents at end of the year
 
1 567
1 523