Cash flow statement  

    Unaudited     Audited  
    Six months ended     Year to  
    Aug 2011  
Rm  
  Aug 2010  
Rm  
  Feb 2011  
Rm  
Cash flows from operating activities              
Trading profit     492.2     720.3     1 417.7  
Loss on sale of property, equipment and vehicles     3.9     —     —  
Depreciation and amortisation     392.2     353.7     733.3  
Share options expense     42.6     31.3     73.8  
Net operating lease obligations     27.0     14.0     29.3  
Cash generated before movements in working capital     957.9     1 119.3     2 254.1  
Movements in working capital:     1 034.8     (76.1)    (844.8) 
Increase / (decrease) in trade and other payables     1 234.7     (155.0)    (678.1) 
Increase in inventory     (11.2)    (109.5)    (349.1) 
(Increase) / decrease in trade and other receivables     (188.7)    188.4     182.4  
Cash generated by trading activities     1 992.7     1 043.2     1 409.3  
Interest received     13.5     21.9     39.5  
Interest paid     (71.8)    (60.1)    (111.0) 
Cash generated by operations     1 934.4     1 005.0     1 337.8  
Dividends paid     (498.0)    (633.5)    (808.0) 
Tax paid     (180.6)    (230.9)    (526.3) 
Net cash from operating activities – continuing operations     1 255.8     140.6     3.5  
Net cash (utilised in) / from operating activities – discontinued operation     (65.8)    45.3     13.9  
Total net cash from operating activities     1 190.0     185.9     17.4  
Cash flows from investing activities              
Intangible asset additions     (117.3)    (52.5)    (82.5) 
Property, equipment and vehicle additions     (551.0)    (521.2)    (1 163.2) 
Purchase of operations     (58.7)    —     —  
Proceeds on sale of property, equipment and vehicles     27.4     —     21.9  
Loans repaid     10.4     14.9     34.5  
Net cash utilised in investing activities – continuing operations     (689.2)    (558.8)    (1 189.3) 
Net cash utilised in investing activities – discontinued operation     (17.9)    (78.0)    (151.4) 
Total net cash utilised in investing activities     (707.1)    (636.8)    (1 340.7) 
Cash flows from financing activities              
Debt raised / (repaid)    405.1     (13.0)    (32.5) 
Share repurchases     (25.5)    (68.3)    (90.2) 
Proceeds from employees on settlement of share options     30.7     36.4     25.1  
Net cash from / (utilised in) financing activities – continuing operations     410.3     (44.9)    (97.6) 
Net cash from financing activities – discontinued operation     12.4     10.0     10.0  
Total net cash from / (utilised in) financing activities     422.7     (34.9)    (87.6) 
Net increase / (decrease) in cash and cash equivalents     905.6     (485.8)    (1 410.9) 
Cash and cash equivalents at 1 March     (431.8)    1 055.3     1 055.3  
Effect of exchange rate fluctuations on cash and cash equivalents     (81.5)    (10.4)    (76.2) 
Cash and cash equivalents at 31 August / 28 February     392.3     559.1     (431.8) 
Continuing operations     360.7     344.6     (547.4) 
Discontinued operation     31.6     214.5     115.6