Company financial statements

statements of cash flows

for the period ended

Pick n Pay Stores Limited

Pick n Pay Holdings Limited RF

Notes

52 weeks

1 March

2015

Rm

52 weeks

2 March

2014

Rm

52 weeks

1 March

2015

Rm

52 weeks

2 March

2014

Rm

Cash flows from operating activities

Profit

471.4

436.2

248.4

214.5

Cash generated before movements in working capital

471.4

436.2

248.4

214.5

Movements in working capital

0.2

1.4

0.5

(0.1)

Movements in trade and other payables

0.2

1.4

0.5

(0.1)

Movements in trade and other receivables

Cash generated by trading activities

471.6

437.6

248.9

214.4

Interest paid

(10.8)

(38.3)

Cash generated from operations

460.8

399.3

248.9

214.4

Dividends paid

4

(467.8)

(403.8)

(245.2)

(215.2)

Cash (utilised in)/generated from operating activities

(7.0)

(4.5)

3.7

(0.8)

Cash flows from investing activities

Investment in subsidiaries

5

(0.3)

Loans repaid/(advanced)

5

311.1

(295.2)

(2.9)

0.8

Cash generated from/(utilised in) investing activities

311.1

(295.5)

(2.9)

0.8

Cash flows from financing activities

Proceeds from borrowings

8

300.0

Repayment of borrowings

8

(700.0)

Net proceeds from share issue

7

396.9

Cash (utilised in)/generated from financing activities

(303.1)

300.0

Net movement in cash and cash equivalents

1.0

0.8

Cash and cash equivalents at beginning of period

Cash and cash equivalents at end of period

6

1.0

0.8