| |
|
|
Reviewed |
Audited |
| |
|
|
year ended |
year ended |
R’000 |
Notes |
June 09 |
June 08 |
| Cash generated by operations |
|
3 435 736 |
3 286 747 |
| Operating profit |
|
2 912 692 |
2 336 493 |
| Less: investment income |
|
(29 279) |
(27 760) |
| Non-cash items |
1 |
1 065 296 |
709 744 |
| Cash settled share options |
|
(484 896) |
(128 615) |
| Changes in working capital |
2 |
(28 077) |
396 885 |
| |
|
|
|
| Net interest received |
|
127 129 |
146 182 |
| Dividends received |
|
7 574 |
6 344 |
| Dividends paid |
|
(902 576) |
(587 789) |
| Tax paid |
|
(842 045) |
(616 141) |
| Cash flows from operating activities |
|
1 825 818 |
2 235 343 |
| Cash flows utilised by investing activities |
|
(1 737 303) |
(1 167 589) |
| Purchase of property, plant and equipment |
|
|
|
| |
and intangible assets |
|
(1 820 256) |
(1 436 195) |
| Proceeds on disposal of property, plant and |
|
|
|
| |
equipment and intangible assets |
|
68 010 |
68 021 |
| Proceeds on disposal of assets held for sale |
|
13 131 |
194 544 |
| Acquisition of operations |
|
— |
(5 909) |
| Other investment activities |
|
1 812 |
11 950 |
| |
|
|
|
| Cash flows (utilised by)/from financing activities |
|
(333 108) |
20 497 |
| |
|
|
|
| Acquisition of treasury shares |
|
(383 445) |
— |
| Proceeds on disposal of treasury shares |
|
42 510 |
— |
| Increase in borrowings |
|
7 827 |
20 274 |
| Net proceeds on issue of preference shares |
|
|
|
| |
to joint venture |
|
— |
223 |
| |
|
|
|
 |
|
|
|
|
| Movement in cash and cash equivalents |
|
(244 593) |
1 088 251 |
| Effect of exchange rate movements on |
|
|
|
| |
cash and cash equivalents |
|
(79 792) |
59 897 |
| Net movement in cash and cash equivalents |
|
(324 385) |
1 148 148 |
| |
|
|
|
|
| |
|
|
Reviewed |
Audited |
| |
|
|
year ended |
year ended |
R’000 |
|
June 09 |
June 08 |
CASH FLOW INFORMATION |
|
|
|
| 1. |
Non-cash items |
|
|
|
| |
Depreciation on property, plant and equipment |
|
741 710 |
597 786 |
| |
Amortisation of intangible assets |
|
54 743 |
29 002 |
| |
Net fair value losses/(gains) on financial instruments |
|
7 919 |
(5 612) |
| |
Exchange rate gains |
|
(3 005) |
(33 187) |
| |
Profit on disposal of property |
|
— |
(200) |
| |
Profit on disposal of assets held for sale |
|
(3 425) |
(2 034) |
| |
Loss on disposal and scrapping of plant |
|
|
|
| |
and equipment, intangible assets and |
|
|
|
| |
assets held for sale |
|
23 915 |
9 250 |
| |
Impairment of property, plant and equipment |
|
|
|
| |
and assets held for sale |
|
7 106 |
6 091 |
| |
Impairment of goodwill |
|
3 608 |
2 336 |
| |
Movement in provisions |
|
117 591 |
86 030 |
| |
Movement in cash-settled share-based |
|
|
|
| |
payment accrual |
|
139 965 |
59 835 |
| |
Insurance claims received |
|
— |
(21 689) |
| |
Movement in fixed escalation operating |
|
|
|
| |
lease accrual |
|
(24 831) |
(17 864) |
| |
|
|
1 065 296 |
709 744 |
| 2. |
Changes in working capital |
|
|
|
| |
Inventories |
|
(1 464 435) |
(913 824) |
| |
Trade and other receivables |
|
(89 157) |
(133 276) |
| |
Trade and other payables |
|
1 525 515 |
1 443 985 |
| |
|
|
(28 077) |
396 885 |
