| |
 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
2009
R million
(Unaudited)
|
|
|
2008
R million
(Unaudited)
|
|
Year ended
30 Sept
2008
R million
(Audited)
|
| |
EBITDA |
|
|
577,6 |
|
|
768,9 |
|
1 659,2 |
| |
Decrease/(increase) in net working capital |
|
|
480,6 |
|
|
(292,4) |
|
(327,7) |
| |
Decrease/(increase) in net working capital (excluding RCCF)* |
|
|
394,2 |
|
|
(292,4) |
|
(295,2) |
| |
Decrease/(increase) in RCCF accounts receivable while a consolidated subsidiary |
|
|
86,4 |
|
|
— |
|
(32,5) |
|
|
|
|
|
|
|
|
|
|
| |
Cash generated from operations |
|
|
1 058,2 |
|
|
476,5 |
|
1 331,5 |
| |
Net interest and dividend income (including associates) |
|
|
51,6 |
|
|
30,6 |
|
147,2 |
| |
Taxation paid |
|
|
(316,6) |
|
|
(231,3) |
|
(410,8) |
| |
Dividends paid (including to minorities) |
|
|
(434,2) |
|
|
(429,9) |
|
(569,0) |
| |
Other (net) |
|
|
8,4 |
|
|
6,1 |
|
19,4 |
| |
Net cash flows from operating activities |
|
|
367,4 |
|
|
(148,0) |
|
518,3 |
| |
Net cash flows from investing activities* |
|
|
(35,4) |
|
|
(129,1) |
|
(921,3) |
| |
Net cash flows from financing activities* |
|
|
(5,0) |
|
|
88,4 |
|
(380,3) |
| |
Increase/(decrease) in net cash resources |
|
|
327,0 |
|
|
(188,7) |
|
(783,3) |
| |
Net (borrowings)/cash resources at the beginning of the period |
|
|
(300,5) |
|
|
482,8 |
|
482,8 |
| |
Net cash/(borrowings) resources at the end of the period |
|
|
26,5 |
|
|
294,1 |
|
(300,5) |
| |
Cash and cash equivalents |
|
|
961,6 |
|
|
294,1 |
|
794,6 |
| |
Bank overdrafts |
|
|
— |
|
|
— |
|
(12,7) |
| |
Net cash resources excluding RCCF |
|
|
961,6 |
|
|
294,1 |
|
781,9 |
| |
|
|
|
(935,1) |
|
|
— |
|
(1 082,4) |
| |
RCCF bank balances and cash |
|
|
99,6 |
|
|
— |
|
82,0 |
| |
RCCF short-term borrowings |
|
|
(1 034,7) |
|
|
— |
|
(1 164,4) |
|
|
|
|
|
|
|
|
|
|
| |
Net cash/(borrowings) resources including RCCF net borrowings at the end of the period |
|
|
26,5 |
|
|
294,1 |
|
(300,5) |
| |
* |
In order to enhance disclosures the following amounts relating to debtors discounted by subsidiaries with
RCCF, while it was an equity accounted associate, which did not entail a receipt or payment of cash and cash equivalents, have been included |
| |
|
| (Increase)/decrease in respect of short-term portion of accounts receivable (included in working capital changes (excluding RCCF)) |
|
|
— |
|
|
(20,3) |
|
145,3 |
| (Increase)/decrease in respect of long-term portion of accounts receivable (included in cash flows from investing activities) |
|
|
— |
|
|
(59,1) |
|
235,5 |
| Increase/(decrease) in respect of the borrowings (included in financing activities) |
|
|
— |
|
|
79,4 |
|
(380,8) |
| |
|
|
— |
|
|
— |
|
— |
|
|
|
