 |
|
|
| Group
cash flow information |
|
|
| The
abridged cash flow statement for the year ended 30 September
2001 is set out below: |
| |
2001 |
2000 |
| |
R
million |
R
million |
| Operating
cash flows before working |
|
|
| capital
changes |
425,0 |
312,9 |
| (Increase)/reduction
in net working capital |
(55,4) |
164,5 |
| Reduction
in RC&C Finance Company |
|
|
| accounts
receivable |
6,5 |
121,5 |
| Other
working capital changes (net) |
(61,9) |
43,0 |
|
| Cash
generated from operations |
369,6 |
477,4 |
| Net
interest and dividends received (including associates) |
130,0 |
106,4 |
| Taxation
paid |
(133,0) |
(96,0) |
| Dividends
paid |
(169,0) |
(127,4) |
|
| Net
cash inflow from operating activities |
197,6 |
360,4 |
| Net
asset additions |
(48,6) |
(19,9) |
| Other
(net) |
5,3 |
(21,5) |
|
| Net
cash flows from operations |
154,3 |
319,0 |
| Reunert
Limited shares purchased by subsidiary |
(217,9) |
(16,7) |
| Other
acquisitions |
(43,5) |
(61,2) |
Net
proceeds on disposal of non-core operations, other assets
and related working capital |
– |
154,5 |
|
| Net
(decrease)/increase in cash and cash equivalents |
(107,1) |
395,6 |
| Net
cash and cash equivalents at beginning of the year |
72,8 |
(322,8) |
|
| Net
(borrowings)/cash equivalents at end of the year |
(34,3) |
72,8 |
Net
cash resources of the group excluding RC&C
Finance Company borrowings |
|
|
| –
Deposit on call with RC&C Finance Company |
294,8 |
483,4 |
| –
Other cash reserves |
289,7 |
220,0 |
|
| |
584,5 |
703,4 |
| RC&C
Finance Company borrowings |
(618,8) |
(630,6) |
|
| Net
(borrowings)/cash equivalents at end of the year |
(34,3) |
72,8 |
|
| The
deposits on call with RC&C Finance Company are repayable
on demand, RC&C Finance Company has long-term banking
facilities which can be utilised to replace these funds. |
|
|
|
|
