Consolidated statement of cash flows
for the year ended 30 September
| Download (EXCEL) |
| 2016 | 2015 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | Rm | Rm | |||||
| CASH FLOWS FROM OPERATING ACTIVITIES | |||||||
| Cash receipts from customers | 67 345 | 62 327 | |||||
| Cash paid to employees and suppliers | (58 065) | (58 662) | |||||
| Cash generated from operations before investment in leasing and rental fleet | A | 9 280 | 3 724 | ||||
| Fleet leasing and equipment rental fleet | (506) | (1 847) | |||||
| Additions | (2 580) | (4 029) | |||||
| Proceeds on disposal | 2 074 | 2 182 | |||||
| Vehicles rental fleet | (947) | (754) | |||||
| Additions | (3 798) | (3 276) | |||||
| Proceeds on disposal | 2 851 | 2 522 | |||||
| Cash generated from operations | 7 827 | 1 123 | |||||
| Finance costs | (1 346) | (1 252) | |||||
| Realised fair value adjustments on financial instruments | (105) | (210) | |||||
| Dividends received from investments, associates and joint ventures | 31 | 218 | |||||
| Interest received | 113 | 67 | |||||
| Taxation paid | B | (805) | (770) | ||||
| Cash inflow/(outflow) from operations | 5 715 | (824) | |||||
| Dividends paid (including non-controlling interest) | (772) | (814) | |||||
| Cash retained from/(applied to) operating activities | 4 943 | (1 638) | |||||
| CASH FLOWS FROM INVESTING ACTIVITIES | |||||||
| Acquisition of subsidiaries, investments and intangibles | C | (1 057) | (641) | ||||
| Proceeds on disposal of subsidiaries, investments and intangibles | D | 258 | 61 | ||||
| Movement investment in leasing receivables | 9 | (128) | |||||
| Acquisition of other property, plant and equipment | (980) | (1 363) | |||||
| Replacement capital expenditure | (459) | (690) | |||||
| Expansion capital expenditure | (521) | (673) | |||||
| Proceeds on disposal of property, plant and equipment | 334 | 245 | |||||
| Net cash used in investing activities | (1 436) | (1 826) | |||||
| Net cash inflow/(outflow) before financing activities | 3 507 | (3 464) | |||||
| CASH FLOWS FROM FINANCING ACTIVITIES | |||||||
| Shares repurchased for equity-settled share-based payments | (95) | (22) | |||||
| Share buy-back | (162) | ||||||
| Share issue | 286 | ||||||
| Purchase of non-controlling interest | (142) | (6) | |||||
| Non-controlling interest loan and equity movements | 24 | ||||||
| Proceeds from long-term borrowings | 2 500 | 3 921 | |||||
| Repayment of long-term borrowings | (3 311) | (1 971) | |||||
| Movement in short-term interest-bearing liabilities | (1 853) | (390) | |||||
| Net cash (used in)/from financing activities | (2 753) | 1 532 | |||||
| Net increase/(decrease) in cash and cash equivalents | 754 | (1 932) | |||||
| Cash and cash equivalents at beginning of year | 2 372 | 4 162 | |||||
| Effect of foreign exchange rate movement on cash balance | (112) | 156 | |||||
| Effect of cash balances classified as held for sale | 14 | (14) | |||||
| Cash and cash equivalents at end of year | 3 028 | 2 372 | |||||
| Cash balances not available for use due to reserving restrictions | 580 | 337 | |||||
| CASH FLOWS FROM OPERATING ACTIVITIES (BEFORE DIVIDENDS PAID) | |||||||
| – Equipment and Handling | 4 661 | (963) | |||||
| – Automotive and Logistics | 983 | 277 | |||||
| – Corporate | 71 | (138) | |||||
| Total group | 5 715 | (824) | |||||
| CASH FLOWS FROM INVESTING ACTIVITIES | |||||||
| – Equipment and Handling | (546) | (645) | |||||
| – Automotive and Logistics | (877) | (1 155) | |||||
| – Corporate | (13) | (26) | |||||
| Total group | (1 436) | (1 826) | |||||
| CASH FLOWS FROM FINANCING ACTIVITIES | |||||||
| – Equipment and Handling | (2 910) | 2 825 | |||||
| – Automotive and Logistics | 337 | 1 085 | |||||
| – Corporate | (180) | (2 378) | |||||
| Total group | (2 753) | 1 532 |