| |
Reviewed |
|
Audited |
| |
Year
to |
|
Year
to |
| |
Feb
2006 |
|
Feb
2005 |
| |
Rm |
|
Rm |
| |
|
|
|
| |
|
|
|
| Trading
profit |
1
047.4 |
|
895.6 |
| Depreciation
and amortisation |
325.4 |
|
304.7 |
| Share
options expense |
22.4 |
|
10.0 |
| Net
operating lease obligations |
47.8 |
|
58.9 |
| Trade
and other payables |
377.9 |
|
365.9 |
| Inventory |
(
125.6) |
|
(
341.1) |
| Trade
and other receivables |
(
85.2) |
|
15.7 |
| Cash
generated by trading activities |
1
610.1 |
|
1
309.7 |
| Interest
received |
56.7 |
|
81.4 |
| Cash
generated by operations |
1
666.8 |
|
1
391.1 |
| |
|
|
|
| Interest
paid |
(
37.6) |
|
(
32.9) |
| Dividend
received from associate |
- |
|
6.1 |
| Dividends
received |
0.2 |
|
- |
| Dividends
paid |
(
452.0) |
|
(
381.6) |
| Tax
paid |
(
565.5) |
|
(
341.1) |
| Net
cash inflow from operating activities |
611.9 |
|
641.6 |
| |
|
|
|
| Property |
(
248.2) |
|
(
73.7) |
| Equipment
and vehicles |
(
538.6) |
|
(
421.0) |
| Intangible
asset - software development |
(
90.0) |
|
(25.3) |
| Goodwill
- acquisition of stores |
(
5.2) |
|
- |
| Loans
advanced |
(
0.9) |
|
(
6.7) |
| Proceeds
from sale of Boardmans |
- |
|
78.1 |
| Net
cash outflow from investing activities |
(
882.9) |
|
(
448.6) |
| |
|
|
|
| Interest-bearing
debt raised / (repaid) |
11.4 |
|
(
112.9) |
| Issue
of new shares |
- |
|
12.2 |
| Share
repurchases |
(
132.0) |
|
(
267.3) |
| Take-up
of share options from share trust |
25.2 |
|
23.8 |
| Net
cash outflow from financing activities |
(
95.4) |
|
(
344.2) |
| |
|
|
|
| Net
decrease in cash and cash equivalents |
(
366.4) |
|
(
151.2) |
| Cash
and cash equivalents at 1 March |
1
329.0 |
|
1
502.5 |
| Exchange
rate effect on cash |
(
18.0) |
|
(
22.3) |
| Cash
and cash equivalents at 28 February |
944.6 |
|
1
329.0 |
|
|
|
|
