| |
|
|
|
|
| A. |
Cash (utilised)/generated from operations is |
|
|
|
| |
calculated as follows: |
|
|
|
| |
Profit before taxation |
598 |
22 836 |
4 280 |
| |
Adjustments for: |
|
|
|
| |
Depreciation |
7 |
20 |
20 |
| |
Loss on disposal of property, plant and equipment |
2 |
|
|
| |
Impairments |
|
37 |
|
| |
Amortisation of intangible assets |
2 |
3 |
3 |
| |
Dividends received |
(801) |
(3 934) |
(4 284) |
| |
Dividend received following the acquisition of |
|
|
|
| |
PPC share distributed |
|
(18 879) |
|
| |
Interest received |
(409) |
(301) |
(197) |
| |
Finance costs |
424 |
351 |
218 |
| |
Fair value adjustments on financial instruments |
5 |
(1) |
(2) |
| |
Profit on disposal of investments and subsidiaries |
|
(169) |
|
| |
BEE IFRS 2 charge |
146 |
|
|
| |
Other non-cash flow items |
(42) |
(39) |
2 |
| |
Operating cash flows before movements in working capital |
(68) |
(76) |
40 |
| |
Decrease/(increase) in trade and other receivables |
33 |
(20) |
(21) |
| |
(Decrease)/increase in payables |
(45) |
7 |
51 |
| |
Cash (utilised)/generated from operations |
(80) |
(89) |
70 |
| B. |
Taxation (paid)/refunded is reconciled to the amounts |
|
|
|
| |
disclosed in the income statement as follows: |
|
|
|
| |
Amounts due at beginning of year |
|
|
|
| |
Per the income statement (excluding deferred taxation) |
(60) |
(112) |
7 |
| |
Cash amounts paid |
(60) |
(112) |
7 |
Review of operations 
