ANNUAL
RESULTS
ANNUAL
RESULTS
for the year ended 30 June 2019
| Download (EXCEL) |
| R millions | Reviewed Annual 30 June 2019 |
Audited Annual 30 June 2018 |
| Cash generated by operations | 1 563 | 934 |
|---|---|---|
| Interest received | 74 | 66 |
| Interest paid | (120) | (112) |
| Taxation paid | (206) | (174) |
| Operating cash flow | 1 311 | 714 |
| Dividends paid | (206) | (200) |
| Net cash inflow from operating activities | 1 105 | 514 |
| Dividends received from associate companies | – | 20 |
| Purchase of intangible assets other than goodwill | (50) | (13) |
| Purchase of property, plant and equipment by entities classified as held for sale | – | (1) |
| Purchase of property, plant and equipment | (142) | (311) |
| – Replacements | (41) | (78) |
| – Expansions | (775) | (358) |
| – Capitalised finance leases raised (non-cash) | 674 | 125 |
| Proceeds on disposal of property, plant and equipment | 208 | 116 |
| Acquisition of businesses | (665) | – |
| Acquisition of associate | (2) | – |
| Net inflow on disposal of business | – | 40 |
| Proceeds on disposal of investment in associate | – | 87 |
| Cash related to assets held for sale | – | 2 |
| Proceeds from realisation of investment | 184 | 220 |
| Purchase of additional investment | – | (358) |
| Other (net) | (2) | (2) |
| Net cash outflow from investing activities | (469) | (200) |
| Net movement in borrowings | 550 | (217) |
| Net acquisition of treasury shares | (36) | (29) |
| Net cash inflow/(outflow) from financing activities | 514 | (246) |
| Total increase in net cash and cash equivalents | 1 150 | 68 |
| Net cash and cash equivalents at beginning of period | 2 353 | 2 253 |
| Effect of foreign exchange rates | (84) | 32 |
| Net cash and cash equivalents at end of period | 3 419 | 2 353 |
| Net cash and cash equivalents comprises: | ||
| Cash and cash equivalents | 3 455 | 2 464 |
| Bank overdrafts | (36) | (111) |
| Net cash and cash equivalents at end of period | 3 419 | 2 353 |