30 June 30 June 31 December
  (Unaudited) (Unaudited) (Audited)
  2009 2008 2008
  R000 R000 R000
Cash generated from operations 1 159 470 1 636 534 3 076 375
Working capital movements (144 793) 3 154 1 235 846
Net interest paid (72 940) (82 784) (175 360)
Net dividends paid (278 224) (246 749) (604 394)
Taxation paid (164 864) (75 292) (176 571)
  498 649 1 234 863 3 355 896
Net bank (advances to)/deposits from customers and other short-term negotiables (151 510) (61 718) 116 561
Net cash flows from operating activities 347 139 1 173 145 3 472 457
Acquisition of ships, property, terminals, vehicles and equipment and investments (800 816) (1 085 314) (2 158 501)
Proceeds from disposal of property, terminals, vehicles and equipment and investments 56 766 3 420 340 624
Intangible assets acquired (1 253) (24 192) (916)
Loans repaid by associate companies (15 415)
Net cash flows used in investing activities (745 303) (1 106 086) (1 834 208)
Repurchase of ordinary share capital (150 890) (212 936)
Proceeds from issue of ordinary share capital 8 359 2 385 3 044
Long-term borrowings raised 224 581 404 790 643 072
Payment of capital portion of long-term borrowings (102 122) (263 094) (637 433)
Short-term loans (repaid)/raised (20 973) 41 295 (436 589)
Net cash flows from/(used in) financing activities 109 845 34 486 (640 842)
Net (decrease)/increase in cash and cash equivalents (288 319) 101 545 997 407
Cash and cash equivalents at beginning of the period 1 975 106 711 739 711 739
Difference arising on translation (216 325) 55 761 265 960
Cash and cash equivalents at end of the period 1 470 462 869 045 1 975 106