| |
|
|
GROUP |
|
COMPANY |
| |
|
|
2009 |
|
|
2008 |
|
2009 |
|
|
2008 |
| |
Notes |
|
Rm |
|
|
Rm
Restated* |
|
Rm |
|
|
Rm |
| Cash flows from operating activities |
|
|
|
|
|
|
|
|
|
|
|
| Trading profit/(loss) |
|
|
1 686.6 |
|
|
1 517.3 |
|
(1.6) |
|
|
(2.0) |
| Loss on sale of equipment and vehicles |
|
|
13.7 |
|
|
4.4 |
|
— |
|
|
— |
| Depreciation and amortisation |
2 |
|
615.8 |
|
|
481.9 |
|
— |
|
|
— |
| Share options expense |
4.3 |
|
59.1 |
|
|
45.2 |
|
— |
|
|
— |
| Net operating lease obligations |
|
|
33.4 |
|
|
31.5 |
|
— |
|
|
— |
| Cash generated/(utilised) before movements in working capital |
|
|
2 408.6 |
|
|
2 080.3 |
|
(1.6) |
|
|
(2.0) |
| Movements in working capital |
|
|
221.0 |
|
|
(489.9) |
|
0.2 |
|
|
(0.1) |
| Increase/(decrease) in trade and other payables |
|
|
1 157.8 |
|
|
487.2 |
|
0.1 |
|
|
(0.3) |
| Increase in inventory |
|
|
(415.2) |
|
|
(704.9) |
|
— |
|
|
— |
| (Increase)/decrease in trade and other receivables |
|
|
(521.6) |
|
|
(272.2) |
|
0.1 |
|
|
0.2 |
| Amounts received from/(advanced to) a subsidiary company |
21.2 |
|
— |
|
|
— |
|
5.4 |
|
|
(63.1) |
| Cash generated by/(utilised in) trading activities |
|
|
2 629.6 |
|
|
1 590.4 |
|
4.0 |
|
|
(65.2) |
| Interest received |
|
|
71.9 |
|
|
45.0 |
|
— |
|
|
1.3 |
| Interest paid |
|
|
(107.5) |
|
|
(79.2) |
|
— |
|
|
(1.6) |
| Cash generated by/(utilised in) operations |
|
|
2 594.0 |
|
|
1 556.2 |
|
4.0 |
|
|
(65.5) |
| Dividends received |
|
|
— |
|
|
— |
|
774.2 |
|
|
671.0 |
| Dividends paid |
7 |
|
(717.8) |
|
|
(614.9) |
|
(778.2) |
|
|
(672.6) |
| Tax paid |
5.4 |
|
(567.7) |
|
|
(504.0) |
|
— |
|
|
(1.2) |
| Net cash from/(used in) operating activities – continuing operations |
|
|
1 308.5 |
|
|
437.3 |
|
— |
|
|
(68.3) |
| Net cash (used in)/from operating activities – discontinued operation |
18 |
|
(56.1) |
|
|
8.5 |
|
— |
|
|
— |
| Total net cash from/(used in) operating activities |
|
|
1 252.4 |
|
|
445.8 |
|
— |
|
|
(68.3) |
| Cash flows from investing activities |
|
|
|
|
|
|
|
|
|
|
|
| Intangible asset additions |
8.2 |
|
(66.1) |
|
|
(157.4) |
|
— |
|
|
— |
| Property additions |
9 |
|
(52.3) |
|
|
(107.5) |
|
— |
|
|
— |
| Proceeds on disposal of property |
|
|
78.0 |
|
|
50.6 |
|
— |
|
|
— |
| Equipment and vehicle additions |
9 |
|
(884.1) |
|
|
(587.0) |
|
— |
|
|
— |
| Proceeds on disposal of equipment and vehicles |
|
|
21.8 |
|
|
— |
|
— |
|
|
— |
| Loans advanced |
|
|
(7.9) |
|
|
(11.9) |
|
— |
|
|
— |
| Net cash used in investing activities – continuing operations |
|
|
(910.6) |
|
|
(813.2) |
|
— |
|
|
— |
| Net cash from/(used in) investing activities – discontinued operation |
18 |
|
68.9 |
|
|
(9.3) |
|
— |
|
|
— |
| Total net cash used in investing activities |
|
|
(841.7) |
|
|
(822.5) |
|
— |
|
|
— |
| Cash flows from financing activities |
|
|
|
|
|
|
|
|
|
|
|
| Debt (repaid)/raised |
|
|
(1.3) |
|
|
484.2 |
|
— |
|
|
(11.6) |
| Issue of shares |
|
|
— |
|
|
79.9 |
|
— |
|
|
79.9 |
| Share repurchases |
20.1 |
|
(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 |
|
— |
|
|
68.3 |
| Net cash from financing activities – discontinued operation |
18 |
|
— |
|
|
— |
|
— |
|
|
— |
| Total net cash from financing activities |
|
|
8.4 |
|
|
310.3 |
|
— |
|
|
68.3 |
| 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 |
17 |
|
1 072.8 |
|
|
663.2 |
|
— |
|
|
— |
