 |
|
|
|
|
| |
|
2005
|
|
2004
|
| |
Notes
|
R
million
|
|
R million
|
|
|
|
|
|
| Operating activities |
|
750 |
|
795 |
| Cash generated by operations |
31 |
1
200 |
|
1 182 |
| Interest received |
|
82 |
|
119 |
| Dividends received |
32 |
6 |
|
13 |
| Interest paid |
|
(48) |
|
(26) |
| Taxation paid |
33 |
(266) |
|
(295) |
| |
|
|
|
|
| Cash available from operating activities |
|
974 |
|
993 |
| Dividends paid |
|
|
|
|
| – to ordinary and participating preference shareholders |
|
(143) |
|
(117) |
| – to minority shareholders |
|
(81) |
|
(81) |
| |
|
|
|
|
| Investing activities |
|
(1 381) |
|
(327) |
| |
|
|
|
|
| Investment to maintain operations |
|
(63) |
|
(1) |
| Replacement of property, plant and equipment |
|
(218) |
|
(153) |
| Disposal of property, plant and equipment |
34 |
75 |
|
55 |
| Net reduction in rental ?nance advances |
|
83 |
|
97 |
| Change from subsidiary to associate |
35 |
(3) |
|
— |
| |
|
|
|
|
| Investment to expand operations |
|
(1 318) |
|
(326) |
| |
|
|
|
|
| Additions to property, plant and equipment |
|
(115) |
|
(68) |
| Additions to intangible assets |
|
— |
|
(8) |
| Other investing activities |
36 |
(218) |
|
(3) |
| Acquisition of subsidiaries and joint venture |
37 |
(985) |
|
(247) |
| |
|
|
|
|
| Financing activities |
|
155 |
|
68 |
| |
|
|
|
|
| Increase/(decrease) in long-term liabilities |
|
207 |
|
(4) |
| (Decrease)/increase in short-term loans |
|
(217) |
|
54 |
| Increase in empowerment funding obligation |
|
158 |
|
— |
| Shares issued |
|
17 |
|
19 |
| Changes in minority interests |
38 |
(10) |
|
(1) |
| |
|
|
|
|
| Cash resources |
|
|
|
|
| Net cash (utilised)/generated |
|
(476) |
|
536 |
| Translation of foreign cash |
|
(8) |
|
(4) |
| Effect on cash of adopting proportionate consolidation |
|
— |
|
(38) |
| Cash and cash equivalents |
|
|
|
|
| – at beginning of year |
|
2
004 |
|
1 510 |
| – at end of year |
8 |
1
520 |
|
2 004 |
| |
|
|
|
|
| |
|
|
|
|
| |
|
|
|
|
