| |
|
|
GROUP |
|
COMPANY |
|
|
| |
|
|
2009 |
|
|
2008 |
|
2009 |
|
|
2008 |
|
| |
|
|
Rm |
|
|
Rm |
|
Rm |
|
|
Rm |
|
| |
Note |
|
|
|
|
Restated* |
|
|
|
|
|
|
| Cash flows from operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Trading profit |
|
|
1 686.6 |
|
|
1 517.7 |
|
— |
|
|
0.4 |
|
| Loss on sale of equipment and vehicles |
|
|
13.7 |
|
|
4.4 |
|
— |
|
|
— |
|
| Depreciation and amortisation |
|
|
615.8 |
|
|
481.9 |
|
— |
|
|
— |
|
| Share options expense |
|
|
59.1 |
|
|
45.2 |
|
— |
|
|
— |
|
| Net operating lease obligations |
|
|
33.4 |
|
|
31.5 |
|
— |
|
|
— |
|
| Cash generated before movements in working capital |
|
|
2 408.6 |
|
|
2 080.7 |
|
— |
|
|
0.4 |
|
| Movements in working capital |
|
|
220.8 |
|
|
(489.6) |
|
(0.2) |
|
|
0.3 |
|
| Increase in trade and other payables |
|
|
1 158.4 |
|
|
487.5 |
|
0.6 |
|
|
0.3 |
|
| Increase in inventory |
|
|
(415.2) |
|
|
(704.9) |
|
— |
|
|
— |
|
| Increase in trade and other receivables |
|
|
(522.4) |
|
|
(272.2) |
|
(0.8) |
|
|
— |
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash generated by/(utilised in) trading activities |
|
|
2 629.4 |
|
|
1 591.1 |
|
(0.2) |
|
|
0.7 |
|
| Interest received |
|
|
71.9 |
|
|
45.0 |
|
— |
|
|
— |
|
| Interest paid |
|
|
(107.5) |
|
|
(79.2) |
|
— |
|
|
— |
|
| Cash generated by/(utilised in) operations |
|
|
2 593.8 |
|
|
1 556.9 |
|
(0.2) |
|
|
0.7 |
|
| Dividends received |
|
|
— |
|
|
— |
|
395.7 |
|
|
356.0 |
|
| Dividends paid |
4 |
|
(717.8) |
|
|
(614.9) |
|
(395.9) |
|
|
(356.1) |
|
| Tax paid |
|
|
(567.8) |
|
|
(504.0) |
|
(0.1) |
|
|
— |
|
| Net cash from/(used in) operating activities – continuing operations |
|
|
1 308.2 |
|
|
438.0 |
|
(0.5) |
|
|
0.6 |
|
| Net cash (used in)/from operating activities – discontinued operation |
|
|
(56.1) |
|
|
8.5 |
|
— |
|
|
— |
|
| Total net cash from/(used in) operating activities |
|
|
1 252.1 |
|
|
446.5 |
|
(0.5) |
|
|
0.6 |
|
| Cash flows from investing activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Intangible asset additions |
|
|
(66.1) |
|
|
(157.4) |
|
— |
|
|
— |
|
| Property additions |
|
|
(52.3) |
|
|
(107.5) |
|
— |
|
|
— |
|
| Proceeds on disposal of property |
|
|
78.0 |
|
|
50.6 |
|
— |
|
|
— |
|
| Equipment and vehicle additions |
|
|
(884.1) |
|
|
(587.0) |
|
— |
|
|
— |
|
| Proceeds on disposal of equipment and vehicles |
|
|
21.8 |
|
|
— |
|
— |
|
|
— |
|
| Loans (advanced)/repaid |
|
|
(7.6) |
|
|
(12.6) |
|
0.5 |
|
|
(0.6) |
|
| Net cash (used in)/from investing activities – continuing operations |
|
|
(910.3) |
|
|
(813.9) |
|
0.5 |
|
|
(0.6) |
|
| Net cash from/(used in) investing activities – discontinued operation |
|
|
68.9 |
|
|
(9.3) |
|
— |
|
|
— |
|
| Total net cash (used in)/from investing activities |
|
|
(841.4) |
|
|
(823.2) |
|
0.5 |
|
|
(0.6) |
|
| Cash flows from financing activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Debt (repaid)/raised |
|
|
(1.3) |
|
|
484.2 |
|
— |
|
|
— |
|
| Issue of shares |
|
|
— |
|
|
79.9 |
|
— |
|
|
— |
|
| Share repurchases |
|
|
(21.6) |
|
|
(299.6) |
|
— |
|
|
— |
|
| Proceeds from employees on settlement of share options |
|
|
31.3 |
|
|
45.8 |
|
— |
|
|
— |
|
| Net cash from financing activities – continuing operations |
|
|
8.4 |
|
|
310.3 |
|
— |
|
|
— |
|
| Net cash from financing activities – discontinued operation |
|
|
— |
|
|
— |
|
— |
|
|
— |
|
| Total net cash from financing activities |
|
|
8.4 |
|
|
310.3 |
|
— |
|
|
— |
|
| Net increase/(decrease) in cash and cash equivalents |
|
|
419.1 |
|
|
(66.4) |
|
— |
|
|
— |
|
| Cash and cash equivalents at 1 March |
|
|
663.2 |
|
|
709.1 |
|
— |
|
|
— |
|
| Effect of exchange rate fluctuations on cash and cash equivalents |
|
|
(9.5) |
|
|
20.5 |
|
— |
|
|
— |
|
| Cash and cash equivalents at 28 February |
|
|
1 072.8 |
|
|
663.2 |
|
— |
|
|
— |
|
