| |
|
GROUP |
|
COMPANY |
| |
Notes |
2011
Rm |
|
|
2010*
Rm |
|
2011
Rm |
|
|
2010
Rm |
| Cash flows from operating activities |
|
|
|
|
|
|
|
|
|
|
| Trading profit/(loss) |
|
1 417.7 |
|
|
1 638.7 |
|
(1.1) |
|
|
(1.9) |
| Depreciation and amortisation |
2 |
733.3 |
|
|
632.6 |
|
— |
|
|
— |
| Share options expense |
4.3 |
73.8 |
|
|
65.2 |
|
— |
|
|
— |
| Net operating lease obligations |
|
29.3 |
|
|
36.5 |
|
— |
|
|
— |
| Cash generated/(utilised) before movements in working capital |
2 254.1 |
|
|
2 373.0 |
|
(1.1) |
|
|
(1.9) |
| Movements in working capital |
|
(844.8) |
|
|
(58.1) |
|
(6.7) |
|
|
3.6 |
| (Decrease)/increase in trade and other payables |
|
(678.1) |
|
|
245.2 |
|
(3.5) |
|
|
3.6 |
| Increase in inventory |
|
(349.1) |
|
|
(129.9) |
|
— |
|
|
— |
| Decrease/(increase) in trade and other receivables |
|
182.4 |
|
|
(173.4) |
|
(3.2) |
|
|
— |
| Amounts received from a subsidiary company |
21.2 |
— |
|
|
— |
|
22.5 |
|
|
103.1 |
| Cash generated by trading activities |
1 409.3 |
|
|
2 314.9 |
|
14.7 |
|
|
104.8 |
| Interest received |
1 |
39.5 |
|
|
68.7 |
|
— |
|
|
0.3 |
| Interest paid |
2 |
(111.0) |
|
|
(86.3) |
|
— |
|
|
— |
| Cash generated by operations |
|
1 337.8 |
|
|
2 297.3 |
|
14.7 |
|
|
105.1 |
| Dividends received |
1 |
— |
|
|
— |
|
810.4 |
|
|
1 810.9 |
| Dividends paid |
7 |
(808.0) |
|
|
(814.6) |
|
(825.0) |
|
|
(880.7) |
| Tax (paid)/received |
5.4 |
(526.3) |
|
|
(457.5) |
|
(0.1) |
|
|
1.8 |
| Net cash from operating activities – continuing operations |
|
3.5 |
|
|
1 025.2 |
|
— |
|
|
1 037.1 |
| Net cash from/(utilised in) operating activities – discontinued operations |
18 |
13.9 |
|
|
(62.9) |
|
— |
|
|
— |
| Total net cash from operating activities |
17.4 |
|
|
962.3 |
|
— |
|
|
1 037.1 |
| Cash flows from investing activities |
|
|
|
|
|
|
|
|
|
| Investment in property, equipment and vehicles to expand operations |
|
(487.5) |
|
|
(314.7) |
|
— |
|
|
— |
| Intangible asset additions |
8.2 |
(61.2) |
|
|
(49.9) |
|
|
|
|
|
| Property additions |
9 |
(225.4) |
|
|
(116.9) |
|
|
|
|
|
| Equipment and vehicle additions |
9 |
(200.9) |
|
|
(147.9) |
|
|
|
|
|
| Investment in property, equipment and vehicles to maintain operations |
|
(758.2) |
|
|
(704.7) |
|
— |
|
|
— |
| Intangible asset additions |
8.2 |
(21.3) |
|
|
— |
|
|
|
|
|
| Property additions |
9 |
(63.8) |
|
|
(6.4) |
|
|
|
|
|
| Aircraft additions |
9 |
— |
|
|
(0.7) |
|
|
|
|
|
| Equipment and vehicle additions |
9 |
(673.1) |
|
|
(697.6) |
|
|
|
|
|
| Proceeds on disposal of property |
|
21.9 |
|
|
209.4 |
|
— |
|
|
— |
| Loans repaid |
|
34.5 |
|
|
3.9 |
|
— |
|
|
— |
| Net cash utilised in investing activities – continuing operations |
|
(1 189.3) |
|
|
(806.1) |
|
— |
|
|
— |
| Net cash utilised in investing activities – discontinued operations |
18 |
(151.4) |
|
|
(117.2) |
|
— |
|
|
— |
| Total net cash utilised in investing activities |
|
(1 340.7) |
|
|
(923.3) |
|
— |
|
|
— |
| Cash flows from financing activities |
|
|
|
|
|
|
|
|
|
|
| Debt (repaid)/raised |
|
(32.5) |
|
|
1.0 |
|
— |
|
|
— |
| Share repurchases |
20.1, 19.3 |
(90.2) |
|
|
(80.1) |
|
— |
|
|
(1 037.1) |
| Proceeds from employees on settlement of share options |
|
25.1 |
|
|
36.4 |
|
— |
|
|
— |
| Net cash utilised in financing activities – continuing operations |
|
(97.6) |
|
|
(42.7) |
|
— |
|
|
(1 037.1) |
| Net cash from/(utilised in) financing activities – discontinued operations |
18 |
10.0 |
|
|
(9.9) |
|
— |
|
|
— |
| Total net cash utilised in financing activities |
(87.6) |
|
|
(52.6) |
|
— |
|
|
(1 037.1) |
| Net decrease in cash and cash equivalents |
(1 410.9) |
|
|
(13.6) |
|
— |
|
|
|
| Cash and cash equivalents at 1 March |
|
1 055.3 |
|
|
1 072.8 |
|
— |
|
|
— |
| Effect of exchange rate fluctuations on cash and cash equivalents |
|
(76.2) |
|
|
(3.9) |
|
— |
|
|
— |
| Cash and cash equivalents at 28 February |
|
(431.8) |
|
|
1 055.3 |
|
— |
|
|
— |
| Continuing operations |
17 |
(547.4) |
|
|
|
|
|
|
|
|
| Discontinued operations |
18.1 |
115.6 |
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
|
|
|
|
|
