for the year ended 31 March 2025
| Group | Company | ||||
| Notes | 31 March 2025 Rm |
31 March 2024 Rm |
31 March 2025 Rm |
31 March 2024 Rm |
|
| Cash flows from operating activities | 11 057 | 8 003 | 7 185 | 4 442 | |
|---|---|---|---|---|---|
| Cash receipts from customers | 44 484 | 43 469 | 32 735 | 32 532 | |
| Cash paid to suppliers and employees | (31 493) | (33 234) | (26 082) | (27 250) | |
| Cash generated from operations | 3.6 | 12 991 | 10 235 | 6 653 | 5 282 |
| Interest received | 537 | 447 | 1 311 | 565 | |
| Dividend received | 30 | — | 1 219 | 616 | |
| Finance charges paid | 6.6 | (2 023) | (2 304) | (1 876) | (2 066) |
| Taxation paid | 8.3 | (396) | (422) | (66) | — |
| Repayment of derivatives — FECs | (177) | (82) | (127) | (65) | |
| Proceeds from derivatives — FECs | 101 | 132 | 76 | 111 | |
| Cash generated from operations before dividend paid | 11 063 | 8 006 | 7 190 | 4 443 | |
| Dividend paid | 9.4 | (6) | (3) | (5) | (1) |
| Cash flows generated from/(utilised for) investing activities | 1 280 | (6 197) | 4 219 | (3 037) | |
| Proceeds on disposal of property, plant and equipment and intangible assets1 | 767 | 90 | 87 | 65 | |
| Additions to property, plant and equipment and intangible asset | (6 165) | (6 331) | (2 776) | (3 331) | |
| Loans repaid by subsidiaries | — | — | — | 174 | |
| SMME loans advanced to external parties | 7.3 | (7) | (7) | (7) | (7) |
| SMME loans repaid by external parties | 7.3 | 12 | 17 | 10 | 10 |
| Investment made by FutureMakers | (11) | (9) | — | — | |
| Cash received from FutureMakers | — | — | 12 | — | |
| Net proceeds from sale of Swiftnet2 | 12.2 | 6 441 | — | 6 618 | — |
| Repayment of derivatives — FECs | (190) | (93) | (139) | (73) | |
| Proceeds from derivatives — FECs | 109 | 149 | 84 | 125 | |
| Proceeds from plan assets | 10.1 | 330 | — | 330 | — |
| Restricted cash | (6) | (13) | — | — | |
| Cash flows utilised for financing activities | (5 222) | (1 336) | (4 278) | (1 349) | |
| Loans raised | 3.7 | 4 276 | 9 363 | 4 276 | 9 363 |
| Loans repaid | 3.7 | (6 905) | (9 513) | (6 905) | (9 513) |
| Purchase of shares for the Telkom and subsidiaries long-term incentive share scheme | (107) | — | (107) | — | |
| Repayment of principal lease liabilities3 | (2 496) | (1 201) | (1 552) | (1 214) | |
| Proceeds from derivatives — interest rate swaps | 10 | 15 | 10 | 15 | |
| Net increase in cash and cash equivalents | 7 115 | 470 | 7 126 | 56 | |
| Cash and cash equivalents at 1 April | 3 939 | 3 469 | 1 863 | 1 807 | |
| Cash and cash equivalents at the end of the year4 | 4.4 | 11 054 | 3 939 | 8 989 | 1 863 |
| 1 | The increase in proceeds from disposal of property, plant and equipment and intangible assets is mainly due to the sale of properties previously included in the Gyro Properties portfolio which were earmarked for auction. |
| 2 | This includes cash proceeds of R6 618 million (refer to note 12.2), less the transfer of cash and cash equivalents to TowerCo BidCo of R177 million (refer to note 12.2) for the Group. |
| 3 | The increase in the repayment of principal lease liabilities is mainly due to the payment of the Google fibre pair that was made in the current year. The disposal of Swiftnet also contributed to the increase, resulting in Telkom and Openserve making external lease payments for February and March 2025. |
| 4 | Included in the prior year cash and cash equivalents is the Swiftnet cash to the amount of R192 million. In the prior year, Swiftnet was disclosed as a non-current asset held for sale. In the current year, Swiftnet has been sold. Refer to notes 12.2 and 12.3 for details. |