Cash flow statement
|
Year ended 31 Dec 2005 Rm |
Year ended 31 Dec 2004 Restated Rm |
|||
| Cash flows from operating activities | 110,5 | 96,3 | ||
| Cash generated from operations | ||||
| before working capital changes | 218,5 | 164,8 | ||
| Net working capital changes | (85,5) | (44,4) | ||
| Cash generated from operations | 133,0 | 120,4 | ||
| Net finance costs | (19,4) | (10,6) | ||
| Taxation paid | (3,1) | (13,5) | ||
| Cash flows from investing activities | (139,1) | (474,1) | ||
| Acquisition of subsidiaries, net of cash acquired | – | (444,2) | ||
| Acquisition of property, plant and equipment | ||||
| – replacement | (26,0) | (27,9) | ||
| – expansion | (139,2) | (35,0) | ||
| Other investing activities | 26,1 | 33,0 | ||
| Cash flows from financing activities | (81,8) | 340,3 | ||
| Decrease in borrowings | (73,1) | (33,5) | ||
| Dividends paid, net of capitalisation issue | (8,7) | – | ||
| Proceeds on share issue | – | 373,8 | ||
| Net decrease in cash and cash equivalents | (110,4) | (37,5) | ||
| Opening cash and cash equivalents | (0,3) | 37,2 | ||
| Closing cash and cash equivalents | (110,7) | (0,3) |