| |
|
|
GROUP |
|
COMPANY |
| |
Notes |
|
2006
Rm
|
|
2005
Rm
(Restated) |
|
2006
Rm
|
|
2005
Rm
(Restated) |
| CASH
FLOWS FROM OPERATING ACTIVITIES |
|
|
|
|
|
|
|
|
|
| Cash generated from operations
before working capital changes |
A |
|
1
331,6 |
|
996,5 |
|
474,7 |
|
457,1 |
| Increase in net working capital |
|
|
(628,4) |
|
(601,0) |
|
(191,4) |
|
(49,7) |
| Movement in RC&C Finance
Company accounts receivable |
|
|
(375,6) |
|
(499,7) |
|
|
|
|
| Working capital changes |
B |
|
(252,8) |
|
(101,3) |
|
(191,4) |
|
(49,7) |
| |
|
|
|
|
|
|
|
|
|
| Cash generated from operations |
|
|
703,2 |
|
395,5 |
|
283,3 |
|
407,4 |
| Interest received |
|
|
92,9 |
|
60,8 |
|
56,8 |
|
25,3 |
| Interest paid |
|
|
(34,9) |
|
(23,5) |
|
(19,6) |
|
(7,1) |
| Dividends received (including
from associate) |
|
|
62,9
|
|
82,0 |
|
342,2 |
|
307,4 |
| Taxation paid |
C |
|
(347,4) |
|
(364,9) |
|
(192,0) |
|
(169,3) |
| Dividends paid (including
to outside shareholders in subsidiaries) |
D |
|
(464,2) |
|
(308,3) |
|
(452,0) |
|
(331,3) |
| Net cash inflow/(outflow)
from operating activities |
|
|
12,5 |
|
(158,4) |
|
18,7 |
|
232,4 |
| CASH
FLOWS FROM INVESTING ACTIVITIES |
|
|
|
|
|
|
|
|
|
| Investments to maintain operating
capacity |
|
|
(45,3) |
|
(22,7) |
|
123,0 |
|
(2,4) |
| – Repayment of non-current
loans |
|
|
2,0 |
|
3,1 |
|
2,0 |
|
3,1 |
| – Non-current loans granted |
|
|
(4,5) |
|
(8,2) |
|
(4,5) |
|
(8,2) |
– Replacement of property,
plant
and equipment |
|
|
(60,2) |
|
(33,4) |
|
(32,8) |
|
(13,5) |
| – Replacement of intangible
assets |
|
|
— |
|
(3,7) |
|
— |
|
(2,5) |
– Proceeds on disposal
of property, plant
and equipment,
intangible assets,
investments
and other capital items |
|
|
17,4 |
|
19,5 |
|
158,3 |
|
18,7 |
| Investments to increase operating
capacity |
|
|
(140,4) |
|
(25,8) |
|
(87,1) |
|
(132,9) |
| – Expansion of property,
plant and equipment |
|
|
(132,0) |
|
(22,6) |
|
(75,8) |
|
(6,9) |
| – Additions of intangible
assets |
|
|
(2,1) |
|
— |
|
(0,6) |
|
— |
| – Increase in investments |
|
|
— |
|
— |
|
— |
|
(134,1) |
– Proceeds on disposal
of subsidiaries
and businesses |
E |
|
— |
|
— |
|
— |
|
11,3 |
| – Acquisition of subsidiaries
and businesses |
F |
|
(6,3) |
|
(3,2) |
|
(10,7) |
|
(3,2) |
 |
|
|
|
|
|
|
|
|
|
| Net cash (outflow)/inflow
from investing activities |
|
|
(185,7) |
|
(48,5) |
|
35,9 |
|
(135,3) |
| CASH
FLOWS FROM FINANCING ACTIVITIES |
|
|
|
|
|
|
|
|
|
Funds provided by equity holders
of
Reunert Limited |
|
|
27,5 |
|
26,7 |
|
27,5 |
|
26,7 |
| Long-term borrowings –
raised |
|
|
14,6 |
|
130,5 |
|
62,7 |
|
130,0 |
| –
repaid |
|
|
(15,1) |
|
(1,1) |
|
(14,9) |
|
— |
| Net loans to subsidiaries |
|
|
|
|
|
|
(150,7) |
|
(451,8) |
| Net cash inflow/(outflow)
from financing activities |
|
|
27,0 |
|
156,1 |
|
(75,4) |
|
(295,1) |
| NET
DECREASE IN CASH AND CASH EQUIVALENTS |
|
|
(146,2) |
|
(50,8) |
|
(20,8) |
|
(198,0) |
| NET
(BORROWINGS)/CASH AND CASH EQUIVALENTS AT BEGINNING
OF YEAR |
|
|
(84,0) |
|
(33,2) |
|
145,8 |
|
343,8 |
| NET
(BORROWINGS)/CASH AND CASH EQUIVALENTS AT END
OF YEAR* |
|
|
(230,2) |
|
(84,0) |
|
125,0 |
|
145,8 |
| *NET
(BORROWINGS)/CASH AND CASH EQUIVALENTS ARE
MADE UP OF: |
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
|
969,3 |
|
784,4 |
|
125,6 |
|
145,8 |
| Bank overdrafts |
|
|
(11,6) |
|
(1,6) |
|
(0,6) |
|
— |
| Net cash resources of the group/company
excluding |
|
|
|
|
|
|
|
|
|
| RC&C Finance Company |
|
|
957,7 |
|
782,8 |
|
125,0 |
|
145,8 |
| RC&C Finance Company short-term
borrowings |
|
|
(1
187,9) |
|
(866,8) |
|
|
|
|
| Net (borrowings)/cash and
cash equivalents |
|
|
(230,2) |
|
(84,0) |
|
125,0 |
|
145,8 |
| Net cash flows from operating
activities before dividends paid and excluding
movements in RC&C Finance Company accounts
receivable |
|
|
852,3 |
|
649,6 |
|
|
|
|
| Operating cash flow per share
(cents) |
|
|
486,7 |
|
374,6 |
|
|
|
|
|
