Phuthuma Nathi IAR 2023

Statements of cash flows for the year ended 31 March 2023 Group Company Notes 2023 ZAR’000 2022 ZAR’000 2023 ZAR’000 2022 ZAR’000 Cash ows from operating activities Cash out ow from operations (41 711) (52 384) (41 711) (52 384) Dividend received from associate 2 1 500 000 1 500 000 1 500 000 1 500 000 Net cash generated from operating activities 1 458 289 1 447 616 1 458 289 1 447 616 Cash ows used in nancing activities Dividend paid to ordinary shareholders (1 441 797) (1 463 195) (1 441 797) (1 463 195) Net movement in cash and cash equivalents 16 492 (15 579) 16 492 (15 579) Cash and cash equivalents at the beginning of the year 55 110 70 689 55 110 70 689 Cash and cash equivalents at the end of the year 71 602 55 110 71 602 55 110 The accompanying notes form an integral part of the summary consolidated and separate annual nancial statements. Phuthuma Nathi Investments (RF) Limited Integrated annual report 2023 23 Overview Introduction Understanding Phuthuma Nathi Understanding MultiChoice SA MultiChoice SA performance Financial review Corporate governance review Shareholder information

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