| |
Reviewed |
|
Audited |
| |
2005 |
|
2004 |
| |
Rm |
|
Rm |
| Trading profit |
933.6 |
|
752.2 |
| Depreciation |
304.7 |
|
283.1 |
| Goodwill amortisation |
35.3 |
|
36.8 |
| Trade and other payables |
365.9 |
|
592.0 |
| Inventory |
(
345.5) |
|
( 71.4) |
| Trade and other receivables |
15.7 |
|
( 125.1) |
| Exchange rate effect on
working capital |
(
22.2) |
|
( 19.8) |
| Cash generated
by trading activities |
1
287.5 |
|
1 447.8 |
| Interest received |
81.4 |
|
81.9
|
| Cash generated
by operations |
1
368.9 |
|
1 529.7 |
| Interest paid |
(
32.9) |
|
( 46.6) |
| Dividends received |
6.1 |
|
14.2 |
| Dividends paid |
(
381.6) |
|
( 316.7) |
| Tax paid |
(
341.2) |
|
( 283.5) |
| Net cash inflow
from operating activities |
619.3 |
|
897.1
|
| |
|
|
|
| Property |
(
73.7) |
|
( 74.2) |
| Equipment and vehicles |
(
446.3) |
|
( 434.4) |
| Investments realised |
- |
|
175.3 |
| Loans |
(
6.7) |
|
7.9 |
| Proceeds from sale of
Boardmans (note 5) |
78.1 |
|
- |
| Net cash outflow
from investing activities |
(
448.6) |
|
( 325.4) |
| |
|
|
|
| Interest-bearing debt
repaid |
(
112.9) |
|
( 87.9) |
| Issue of new shares (note
3) |
12.2 |
|
- |
| Share repurchases |
(
267.3) |
|
( 38.0) |
| Take-up of share options
from share trust |
23.8 |
|
21.1
|
| Net cash outflow
from financing activities |
(
344.2) |
|
( 104.8) |
| |
|
|
|
| Net (decrease)
/ increase in cash and cash equivalents |
(
173.5) |
|
466.9 |
| Cash and cash equivalents
at 1 March |
1
502.5 |
|
1 035.6 |
| Cash and cash equivalents
at 28 February |
1
329.0 |
|
1 502.5 |
