NOTES TO THE ANNUAL FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2007

     
« Note 31 Note 1 »
     
32. BUSINESSES ACQUIRED  
    2007 
    R million 
  During the year under review, a subsidiary company in the Group acquired a business.
The assets and liabilities arising from this acquisition were as follows: 		 
   
Net assets acquired 4 
Goodwill (note 5) 7 
Cash paid 11 
Cash acquired from business 3 
Net cash flow on acquisition of business 14 
   
  The business was acquired on 1 April 2006 and the revenue and net profit included in the results of the Group, amount to R38 million and R2 million respectively.