|
|
Consolidated Cash Flow Statement
|
| |
|
|
| Foschini Limited and its subsidiaries |
2007 |
2006 |
| |
Rm |
Rm |
| Cash flows from operating activities |
|
|
| Operating profit before working capital changes (note 8) |
1 205,3 |
1 091,7 |
| Increase in working capital |
(210,4) |
(530,4) |
| Cash generated by operations |
994,9 |
561,3 |
| Increase in private label card receivables |
(346,6) |
(188,4) |
| Increase in loan receivables |
(49,0) |
(158,6) |
| Interest received |
873,8 |
644,1 |
| Interest paid |
(104,7) |
(79,1) |
| Taxation paid |
(718,2) |
(464,2) |
| Dividends paid |
(552,2) |
(412,7) |
| Net cash inflows (outflows) from operating activities |
98,0 |
(97,6) |
| Cash flows from investing activities |
|
|
| Purchase of property, plant and equipment |
(306,1) |
(313,5) |
| Proceeds from sale of property, plant and equipment |
4,2 |
4,8 |
| Decrease in participation in export partnerships |
6,0 |
94,2 |
| Decrease in loans |
1,2 |
2,5 |
| Shares purchased by share trust |
(288,4) |
(256,9) |
| Proceeds on dilution of interest in subsidiary |
183,3 |
263,8 |
| Net cash outflows from investing activities |
(399,8) |
(205,1) |
| Cash flows from financing activities |
|
|
| Proceeds on delivery of shares by share trust |
92,9 |
80,1 |
| Increase in interest-bearing debt |
217,6 |
243,6 |
| (Decrease) increase in short-term loans |
(2,1) |
5,3 |
| Net cash inflows from financing activities |
308,4 |
329,0 |
| Net increase in cash and cash equivalents during the year |
6,6 |
26,3 |
| Cash and cash equivalents at the beginning of the year |
62,5 |
36,2 |
| Cash and cash equivalents at the end of the year |
69,1 |
62,5 |
|
