Condensed consolidated statement of cash flows

for the

Excel download


 

  Note Six months
ended
30 June
2026
Reviewed
Rm
  Six months
ended
30 June
Restated1
2025
Reviewed
Rm
  Financial
year ended
31 December
2025
Audited
Rm
Net cash generated from operating activities   39 077   33 879   77 944
Cash generated from operations   52 881   47 638   105 938
Interest received   1 534   1 164   2 308
Interest paid   (7 457)   (9 158)   (18 302)
Dividends received from associates and joint ventures   148   15   120
Income tax paid   (8 029)   (5 780)   (12 120)
Net cash used in investing activities   (27 946)   (20 640)   (40 930)
Acquisition of property, plant and equipment   (19 734)   (18 866)   (30 907)
Acquisition of intangible assets   (2 767)   (2 878)   (9 425)
Proceeds from sale of property, plant and equipment and intangible assets   10   62   154
Increase in loans receivable   (520)     (367)
Increase in prepayments   (40)   (10)   (32)
Acquisition of right-of-use asset2   (363)   (1 138)   (1 963)
Purchase of non-current investment bonds       (97)
Purchase of non-current investment bonds and equity instruments   (219)     (73)
(Purchase)/realisation of current investment treasury bills and foreign deposits   (2 664)   2 925   1 017
Increase in restricted cash   (1 708)   (5 757)   (8 258)
Decrease in restricted cash   94   5 200   9 376
Other investing activities   (35)   (178)   (355)
Net cash used in financing activities   (22 998)   (14 638)   (23 720)
Proceeds from borrowings 14 6 628   6 665   12 551
Repayment of borrowings 14 (9 538)   (11 927)   (19 231)
Repayment of lease liabilities   (4 919)   (4 283)   (8 650)
Dividends paid to equity holders of the Company   (9 168)   (6 235)   (6 235)
Dividends paid to non-controlling interests   (4 110)   (1 399)   (5 309)
Purchase of treasury shares   (1 439)   (513)   (513)
Proceeds from sale of treasury shares: MTN Zakhele Futhi unwind     3 042   3 433
Consideration received on MTN Ghana share localisation     201   201
Decrease in other non-current liabilities   (62)     (669)
Other financing activities   (390)   (189)   702
Net (decrease)/increase in cash and cash equivalents   (11 867)   (1 399)   13 294
Net cash and cash equivalents at the beginning of the year   41 262   29 061   29 061
Exchange (losses)/gains on cash and cash equivalents   (1 116)   1 543   (184)
Net monetary gain/(loss) on cash and cash equivalents   718   (1 303)   (909)
Net cash and cash equivalents at the end of the year3   28 997   27 902   41 262
1 Restated, refer to note 19 for details on the restatement.
2 Relates to fully prepaid leases.
3 Disclosed net of bank overdrafts of R2 154 million and before provision for impairment of cash of R6 million.