| 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 |
|
|