| COMPANY |
|
|
|
|
GROUP |
| |
(R’million) |
Notes |
|
| 101,4 |
0,6 |
|
Cash operating profit |
A |
|
3 845,0 |
3 005,7 |
| – |
(4,3) |
|
Working capital changes |
B |
|
109,8 |
(52,5) |
| 101,4 |
(3,7) |
|
Cash generated from operations |
|
|
3 954,8 |
2 953,2 |
| 3,4 |
7,5 |
|
Finance income and income from investments received |
|
|
30,6 |
27,4 |
| – |
– |
|
Finance costs paid |
|
|
(68,4) |
(116,0) |
| 1 570,0 |
892,1 |
|
Dividends received from associated companies and subsidiaries |
|
|
115,4 |
105,5 |
| (8,6) |
(20,9) |
|
Taxation paid |
C |
|
(735,4) |
(620,3) |
| 1 666,2 |
875,0 |
|
Cash available from operations |
|
|
3 297,0 |
2 349,8 |
| (1 879,2) |
(823,8) |
|
Dividends paid |
D |
|
(1 684,3) |
(740,6) |
| (213,0) |
51,2 |
|
Net cash inflow/(outflow) from operating activities |
|
|
1 612,7 |
1 609,2 |
| |
|
|
Purchase of property, plant and equipment |
E |
|
(1 013,7) |
(937,1) |
| |
|
|
Cash on disposal of division (refer note 35) |
|
|
153,0 |
100,0 |
| 138,9 |
|
|
Proceeds on disposal of investment in associated company |
|
|
139,9 |
– |
| |
|
|
Proceeds on disposal of intangible assets |
|
|
56,0 |
0,3 |
| |
|
|
Proceeds on disposal of property, plant and equipment |
|
|
30,8 |
49,8 |
| |
|
|
Proceeds on disposal of investments |
|
|
0,3 |
– |
| 1,5 |
|
|
Loans (advanced)/repaid |
|
|
(26,0) |
(20,0) |
| 118,9 |
57,7 |
|
Proceeds in loans to subsidiaries and other |
|
|
|
|
| |
|
|
Funds held in escrow |
|
|
(196,1) |
– |
| |
|
|
Proceeds on disposal of shares in held-for-sale investment |
|
|
– |
9,9 |
| (0,6) |
(0,7) |
|
Acquisition of investments |
|
|
– |
– |
| 258,7 |
57,0 |
|
Net cash (outflow)/inflow from investing activities |
|
|
(855,8) |
(797,1) |
| 45,7 |
108,2 |
|
Net cash inflow before financing activities |
|
|
756,9 |
812,1 |
| |
|
|
Black Managers Trust (BMT) shares exercised |
|
|
3,5 |
3,9 |
| |
|
|
Shares exercised relating to equity-settled scheme |
|
|
(17,9) |
(9,1) |
| |
|
|
Repayment of principal portion of lease liabilities |
|
|
(216,7) |
(136,6) |
| |
|
|
Short-term borrowings repaid |
|
|
(14,2) |
(104,0) |
| |
|
|
Net cash outflow from financing activities |
|
|
(245,3) |
(245,8) |
| 45,7 |
108,2 |
|
Net increase in cash and cash equivalents |
|
|
511,6 |
566,3 |
| – |
– |
|
Effect of exchange rate changes on cash and cash equivalents |
|
|
(129,3) |
51,5 |
| 175,6 |
67,4 |
|
Cash and cash equivalents at the beginning of the year |
F |
|
1 779,5 |
1 161,7 |
| 221,3 |
175,6 |
|
Cash and cash equivalents at the end of the year |
G |
|
2 161,8 |
1 779,5 |
