|
|
Consolidated Cash Flow Statement
|
| |
| |
Sept. 2007 |
Sept. 2006 |
March 2007 |
| |
Unaudited |
Unaudited |
Audited |
| |
Rm |
Rm |
Rm |
| Cash flows from operating activities |
|
|
|
| Operating profit before working capital changes (note 10) |
470,5 |
435,8 |
1 191,5 |
| Increase in working capital |
(3,1) |
(37,5) |
(218,1) |
| Cash generated by operations |
467,4 |
398,3 |
973,4 |
| Increase in private label card receivables |
(124,7) |
(112,5) |
(346,6) |
| Decrease (increase) in loan receivables |
67,0 |
(42,5) |
(49,0) |
| Interest received |
510,2 |
424,3 |
873,8 |
| Interest paid |
(58,4) |
(30,3) |
(104,7) |
| Taxation paid (note 11) |
(475,9) |
(201,4) |
(718,2) |
| Dividends received |
8,2 |
5,0 |
22,8 |
| Dividends paid |
(437,0) |
(344,5) |
(552,2) |
| Net cash (outflows) inflows from operating activities |
(43,2) |
96,4 |
99,3 |
| Cash flows from investing activities |
|
|
|
| Purchase of property, plant and equipment |
(146,5) |
(165,5) |
(304,4) |
| Proceeds from sale of property, plant and equipment |
2,7 |
1,9 |
4,0 |
| Acquisition of client list |
(2,8) |
– |
(2,8) |
| Decrease in participation in export partnerships |
3,2 |
3,8 |
6,0 |
| Decrease (increase) in loans |
1,4 |
(0,6) |
1,2 |
| Proceeds on dilution of interest in subsidiary |
211,6 |
183,3 |
183,3 |
| Net cash inflows (outflows) from investing activities |
69,6 |
22,9 |
(112,7) |
| Cash flows from financing activities |
|
|
|
| Shares purchased by share trust and subsidiary |
(760,4) |
(181,8) |
(288,4) |
| Proceeds on delivery of shares by share trust |
72,1 |
0,4 |
92,9 |
| Increase in interest-bearing debt |
661,1 |
65,9 |
217,6 |
| Increase (decrease) in short-term loans |
3,8 |
(0,5) |
(2,1) |
| Net cash (outflows) inflows from financing activities |
(23,4) |
(116,0) |
20,0 |
| Net increase in cash and cash equivalents during the period |
3,0 |
3,3 |
6,6 |
| Cash and cash equivalents at the beginning of the period |
69,1 |
62,5 |
62,5 |
| Cash and cash equivalents at the end of the period |
72,1 |
65,8 |
69,1 |
|
