| |
| |
|
|
|
2008 |
|
|
2007 |
|
| |
|
|
|
R million |
|
|
R million |
|
| |
|
|
|
(Reviewed) |
|
|
(Audited) |
|
| EBITDA |
 |
|
|
1 659,2 |
|
|
1 393,0 |
|
| Increase in net working capital |
|
|
|
(327,7) |
|
|
(739,7) |
|
| Increase in net working capital (excluding RC&C Finance Company (Pty) Ltd (RCCF)) |
|
|
|
(295,2) |
|
|
(439,0) |
|
| Increase in RCCF accounts receivable while a consolidated subsidiary (refer to note 12) |
|
|
|
(32,5) |
|
|
(300,7) |
|
 |
|
|
|
|
|
|
|
|
| Cash generated from operations |
|
|
|
1 331,5 |
|
|
653,3 |
|
| Net interest and dividend income (including from associates) |
|
|
|
147,2 |
|
|
200,8 |
|
| Taxation paid |
|
|
|
(410,8) |
|
|
(568,6) |
|
| Dividends paid (including to minorities) |
|
|
|
(569,0) |
|
|
(879,3) |
|
| Other (net) |
|
|
|
19,4 |
|
|
23,7 |
|
| Net cash flows from operating activities |
|
|
|
518,3 |
|
|
(570,1) |
|
| Net cash flows from investing activities |
|
|
|
(921,3) |
|
|
1 008,6 |
|
| Net cash flows from financing activities |
|
|
|
(380,3) |
|
|
274,5 |
|
| (Decrease)/increase in net cash resources |
|
|
|
(783,3) |
|
|
713,0 |
|
| Net cash resources/(borrowings) at the beginning of the year |
|
|
|
482,8 |
|
|
(230,2) |
|
| Net (borrowings)/cash resources at the end of the year |
|
|
|
(300,5) |
|
|
482,8 |
|
| Cash and cash equivalents |
|
|
|
794,6 |
|
|
530,6 |
|
| Bank overdrafts |
|
|
|
(12,7) |
|
|
(47,8) |
|
| Net cash resources excluding RCCF |
|
|
|
781,9 |
|
|
482,8 |
|
| |
|
|
|
(1 082,4) |
|
|
— |
|
| RCCF bank balances and cash |
|
|
|
82,0 |
|
|
— |
|
| RCCF short-term borrowings |
|
|
|
(1 164,4) |
|
|
— |
|
|
|
|
|
|
|
|
|
|
| Net (borrowings)/cash resources including RCCF net bank borrowings |
|
|
|
|
|
|
|
|
| at the end of the year |
|
|
|
(300,5) |
|
|
482,8 |
|
|
|
