Company |
|
|
|
Group |
2020 |
2019 |
|
(R’million) |
Notes |
2020 |
2019 |
0,6 |
225,9 |
|
Cash operating profit |
A |
3 005,7 |
3 401,5 |
(4,3) |
315,4 |
|
Working capital changes |
B |
(52,5) |
90,7 |
(3,7) |
541,3 |
|
Cash generated from operations |
|
2 953,2 |
3 492,2 |
7,5 |
56,7 |
|
Finance income and income from investments received |
|
27,4 |
45,8 |
– |
(2,6) |
|
Finance costs paid |
|
(116,0) |
(67,0) |
892,1 |
1 323,2 |
|
Dividends received from associate companies and subsidiaries |
|
105,5 |
282,4 |
(20,9) |
(32,1) |
|
Taxation paid |
C |
(620,3) |
(852,0) |
875,0 |
1 886,5 |
|
Cash available from operations |
|
2 349,8 |
2 901,4 |
(823,8) |
(2 522,4) |
|
Dividends paid |
D |
(740,6) |
(2 284,5) |
51,2 |
(635,9) |
|
Net cash inflow/(outflow) from operating activities |
|
1 609,2 |
616,9 |
|
|
|
Purchase of property, plant and equipment |
E |
(937,1) |
(1 103,5) |
|
|
|
Loans advanced |
|
(20,0) |
– |
|
|
|
Proceeds on disposal of shares in held for sale investment |
|
9,9 |
|
|
|
|
Proceeds on disposal of intangible assets |
|
0,3 |
– |
|
|
|
Proceeds from disposal of property, plant, equipment and intangible assets |
|
49,8 |
2,4 |
|
|
|
Cash on disposal of division (refer note 33) |
|
100,0 |
– |
57,7 |
(181,4) |
|
Proceeds/(advances) in loans to subsidiaries, associates and other |
|
– |
– |
(0,7) |
(1,5) |
|
Acquisition of investments |
|
– |
– |
|
|
|
Movement in trademark |
|
– |
2,3 |
|
|
|
Cash on disposal of subsidiary (refer note 33) |
|
– |
307,7 |
|
581,5 |
|
Proceeds on sale of associate investment |
|
– |
757,9 |
57,0 |
398,6 |
|
Net cash (outflow)/inflow from investing activities |
|
(797,1) |
(33,2) |
108,2 |
(237,3) |
|
Net cash inflow/(outflow) before financing activities |
|
812,1 |
583,7 |
|
|
|
Repayment of lease liabilities |
|
(136,6) |
– |
|
|
|
Black Managers Trust (BMT) shares exercised |
|
3,9 |
15,5 |
|
|
|
Shares exercised relating to equity-settled scheme |
|
(9,1) |
(33,0) |
|
|
|
Long-term borrowings repaid |
|
– |
(2,7) |
|
|
|
Short-term borrowings repaid |
|
(104,0) |
(79,8) |
|
|
|
Net cash outflow from financing activities |
|
(245,8) |
(100,0) |
108,2 |
(237,3) |
|
Net increase/(decrease) in cash and cash equivalents |
|
566,3 |
483,7 |
|
|
|
Effect of exchange rate changes on cash and cash equivalents |
|
51,5 |
8,8 |
67,4 |
304,7 |
|
Cash and cash equivalents at the beginning of the year |
F |
1 161,7 |
669,2 |
175,6 |
67,4 |
|
Cash and cash equivalents at end of the year |
G |
1 779,5 |
1 161,7 |