|
|
2015 |
2014 |
|
|
R’000 |
R’000 |
27 |
NOTES TO THE STATEMENT OF CASH FLOW
|
|
|
27.1 |
Cash generated by operations |
|
|
|
Profit before taxation
|
76 792 |
698 053 |
|
Adjusted for: |
368 998 |
4 873 |
|
– interest received |
(155 258) |
(112 786) |
|
– dividends received |
(21 563) |
(18 104) |
|
– loss/(profit) on disposal of property, plant and equipment |
1 264 |
(611) |
|
– net foreign exchange gains |
(1 460) |
(311) |
|
– cost of inventories written down |
236 |
341 |
|
– depreciation of property, plant and equipment |
38 930 |
34 286 |
|
– impairment of non-financial assets |
365 073 |
16 982 |
|
– amortisation of intangibles |
180 |
180 |
|
– finance costs |
33 391 |
61 152 |
|
– impairment of available-for-sale listed investments |
114 258 |
26 327 |
|
– movement in provisions |
(4 949) |
(6 769) |
|
– cash-settled, shared-based payment charges |
(1 104) |
1 760 |
|
– foreign currency translation reserve arising on consolidation |
|
2 426 |
|
|
|
|
|
|
445 790 |
702 926 |
27.2 |
Movements in working capital |
|
|
|
Movement in inventories |
(297 572) |
(200 898) |
|
Movement in foreign currency translation
|
1 647 |
36 090 |
|
Movement in trade and other receivables
|
(26 402) |
(133 212) |
|
Movement in trade and other payables |
(142 696) |
(98 874) |
|
Payments against short-term provisions (refer note 19) |
(28 252) |
(31 869) |
|
|
(493 275) |
(428 763) |
27.3 |
Finance costs |
|
|
|
Finance costs per income statement |
33 391 |
61 152 |
|
Unwinding of discount on environmental obligations (refer
note 16) |
(1 307) |
(1 263) |
|
Accrual raised for preference share dividend included in finance costs |
(11 364) |
(13 069) |
|
|
20 720 |
46 820 |
27.4 |
Taxation paid |
|
|
|
Unpaid at beginning of year |
(29 279) |
(39 342) |
|
Charged to the income statement |
(102 293) |
(240 486) |
|
Movement in deferred taxation (refer note 24) |
(61 781) |
(1 516) |
|
Unpaid at end of year |
27 428 |
29 279 |
|
|
(165 925) |
(252 065) |
27.5 |
Dividends paid to shareholders of the holding company |
|
|
|
Unpaid at beginning of year |
(1 268) |
(1 267) |
|
Declared during the year (refer note 26)
|
(1 186 660) |
(1 116 856) |
|
Dividends attributable to treasury shares (refer note 26)
|
309 400 |
291 200 |
|
Unpaid at end of year included in other payables |
2 451 |
1 268 |
|
|
(876 077) |
(825 655) |
|
|
|
|