| |
|
|
|
GROUP |
|
| |
R’000 |
Notes |
|
2011 |
|
2010 |
|
| |
Cash flow from operating activities |
|
|
|
|
|
|
| |
Profit before working capital changes |
27 |
|
756 256 |
|
1 132 993 |
|
| |
Working capital changes |
28 |
|
(1 237 775) |
|
58 001 |
|
| |
Cash (utilised)/generated from operations |
|
|
(481 519) |
|
1 190 994 |
|
| |
Finance income |
|
|
96 060 |
|
143 303 |
|
| |
Finance costs |
|
|
(77 699) |
|
(115 432) |
|
| |
Taxation paid |
29 |
|
(254 748) |
|
(155 631) |
|
| |
Dividends paid |
34 |
|
(121 008) |
|
(128 610) |
|
| |
Cash effects of operating activities |
|
|
(838 914) |
|
934 624 |
|
| |
Cash flow from investing activities |
|
|
|
|
|
|
| |
Acquisition of property, plant and equipment |
|
|
(112 596) |
|
(149 715) |
|
| |
Acquisition of investment property and service concessions |
|
|
(20 139) |
|
(44 685) |
|
| |
Acquisition of investment in property developments |
|
|
– |
|
(8 691) |
|
| |
Proceeds on disposal of property, plant and equipment |
|
|
44 731 |
|
32 328 |
|
| |
Proceeds on disposal of investment property |
|
|
21 456 |
|
2 025 |
|
| |
Proceeds on disposal of investment in property developments |
|
|
133 265 |
|
– |
|
| |
Proceeds on disposal of subsidiaries |
|
|
2 000 |
|
– |
|
| |
Proceeds on disposal of joint ventures |
|
|
– |
|
250 |
|
| |
Cash effects of investing activities |
|
|
68 717 |
|
(168 488) |
|
| |
Cash flow from financing activities |
|
|
|
|
|
|
| |
Changes in associates/non-controlling interest |
|
|
(18 874) |
|
(14 163) |
|
| |
Long and short term borrowings raised |
|
|
– |
|
– |
|
| |
Long and short term borrowings repaid |
|
|
(101 758) |
|
(406 009) |
|
| |
Proceeds on repayment of service concession loans |
|
|
22 119 |
|
11 011 |
|
| |
Proceeds from share options |
|
|
5 704 |
|
7 408 |
|
| |
Cash effects of financing activities |
|
|
(92 809) |
|
(401 753) |
|
| |
Cash generated from discontinued operations |
33 |
|
– |
|
– |
|
| |
Effects of exchange rates on cash and cash equivalents |
|
|
(8 032) |
|
(36 990) |
|
| |
Net (decrease)/increase in cash and cash equivalents |
|
|
(871 038) |
|
327 393 |
|
| |
Cash and cash equivalents at beginning of year |
|
|
3 105 817 |
|
2 778 424 |
|
| |
Cash and cash equivalents at end of year |
30 |
|
2 234 779 |
|
3 105 817 |
|
