NOTES TO THE CONSOLIDATED STATEMENT OF CASH FLOW l NOTE A

    2014
Rm
  2013*
Rm
  2012*
Rm
 
A. CASH GENERATED FROM OPERATIONS IS CALCULATED AS FOLLOWS:            
  Profit before taxation – continuing operations 2 530   2 215   2 111  
  Profit before taxation – discontinued operations 78   84   109  
  Adjustments for:            
  Depreciation 2 208   1 960   1 806  
  Amortisation of intangible assets 142   136   111  
  Loss on disposal of plant and equipment and intangibles 26   6   19  
  Profit on disposal of properties (77)   (12)   (12)  
  Profit on disposal of subsidiaries and investments (161)       (574)  
  Dividends received (41)   (50)   (69)  
  Interest received (39)   (28)   (37)  
  Finance costs 1 125   1 022   874  
  Fair value adjustments on financial instruments 159   54   119  
  Asset impairments 302   94   396  
  Valuation of retirement benefit obligation         (81)  
  IFRS 2 charge 104   184   80  
  Non-cash movement in provisions (64)   224   272  
  Other non-cash flow items 10   35   81  
  Operating cash flows before movements in working capital 6 302   5 924   5 205  
    Continuing operations 6 242   5 760   5 178  
    Discontinued operations 60   164   27  
  (Increase)/decrease in working capital (470)   539   (3 131)  
    (Increase)/decrease in inventories (251)   17   (3 147)  
    Increase in receivables (350)   (176)   (937)  
    Increase in payables 131   698   953  
  Cash generated from operations before investment in leasing and rental assets 5 832   6 463   2 074  

NOTES TO THE CONSOLIDATED STATEMENT OF CASH FLOW l NOTE A