Summarised consolidated statement of cash flows

for the year ended June 30

 View as excel [XLS - 38KB]


R’000                
for the year ended June 30     2015 Audited       2014 Audited  
Cash flows from operating activities     6 434 016       5 370 491  
   Operating profit     9 337 403       7 881 985  
   Dividends from associates     85 366       76 788  
   Acquisition costs     74 241       74 044  
   Depreciation and amortisation     2 539 848       2 344 920  
   Other non-cash items     (315 524)       361 057  
   Cash generated by operations before changes in working capital     11 721 334       10 738 794  
   Changes in working capital     (74 408)       (531 601)  
   Cash generated by operations     11 646 926       10 207 193  
   Net finance charges paid     (969 404)       (895 814)  
   Taxation paid     (2 287 700)       (2 067 596)  
   Dividends paid by – Company     (1 767 532)       (1 685 663)  
                                 – Subsidiaries     (188 274)       (187 629)  
Cash effects of investment activities     (6 239 094)       (8 493 479)  
   Net additions to vehicle rental fleet     (87 364)       (235 089)  
   Net additions to property, plant and equipment     (2 834 200)       (2 760 799)  
   Net additions to intangible assets     (278 447)       (213 085)  
   Net acquisition of subsidiaries, businesses, associates and investments     (3 039 083)       (5 284 506)  
Cash effects of financing activities     167 116       1 080 266  
   Proceeds from shares issued – Company     104 312       55 872  
   Sale of treasury shares     540 385       326 536  
   Net borrowings raised (repaid)     (477 581)       697 858  
Net increase (decrease) in cash and cash equivalents     362 038       (2 042 722)  
Net cash and cash equivalents at the beginning of the year     5 560 585       7 092 155  
Exchange rate adjustment     (104 111)       511 152  
Net cash and cash equivalents at end of the year     5 818 512       5 560 585  
Net cash and cash equivalents comprise:                
   Cash and cash equivalents     7 812 877       8 838 573  
   Bank overdrafts shown as short-term portion of borrowings     (1 994 365)       (3 277 988)  
      5 818 512       5 560 585