| 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 | |