| |
|
GROUP |
COMPANY
|
| |
|
|
Restated |
|
Restated |
| |
|
12-
months |
18-months |
12-months |
18-months |
| |
|
ended |
ended |
ended |
ended |
| |
|
31
Dec |
31 Dec |
31
Dec |
31 Dec |
| |
|
2005 |
2004 |
2005 |
2004 |
| |
Notes |
Rm |
Rm |
Rm |
Rm |
| CASH FLOWS FROM OPERATING
ACTIVITIES |
|
|
|
|
|
| Cash retained from operations |
|
3
864 |
2 661 |
36 |
(13) |
| Income from equity accounted investments |
29.2 |
|
|
|
|
| Income from investments |
|
|
|
1
552 |
650 |
| Net financing costs |
29.3 |
(189) |
(355) |
(117) |
(265) |
| Normal taxation paid |
29.4 |
(821) |
(313) |
(216) |
(54) |
| Dividends paid |
29.5 |
(1
447) |
(361) |
(1
430) |
(344) |
| |
|
1
407 |
1 632 |
(175) |
(26) |
| CASH FLOWS FROM INVESTING
ACTIVITIES |
|
|
|
|
|
| Investments to maintain operations |
29.6 |
(389) |
(571) |
(25) |
(16) |
| Investments to expand operations |
29.7 |
(655) |
(825) |
|
|
| Investment in intangible assets |
|
(11) |
|
|
|
| Proceeds from disposal of property, |
|
|
|
|
|
| plant and equipment |
|
23 |
138 |
|
|
| Proceeds from disposal of associate |
|
|
100 |
|
|
| Investment in other non-current assets |
29.8 |
(1
177) |
(96) |
96 |
(159) |
| Proceeds from disposal of subsidiaries |
|
2 |
|
|
|
| Proceeds from disposal of investments |
|
1
179 |
|
|
|
| Foreign currency translations |
29.9 |
80 |
(63) |
(1) |
(4) |
| |
|
(948) |
(1 317) |
70 |
(179) |
| NET CASH INFLOW/(OUTFLOW) |
|
459 |
315 |
(105) |
(205) |
| CASH FLOWS FROM FINANCING
ACTIVITIES |
|
|
|
|
|
| Non-current interest-bearing borrowings raised |
|
360 |
967 |
786 |
565 |
| Non-current interest-bearing borrowings repaid |
|
(827) |
(1 139) |
(368) |
(445) |
| Current interest-bearing borrowings raised/(repaid) |
|
66 |
47 |
(65) |
(78) |
| Proceed from issuance of share capital |
|
128 |
132 |
132 |
133 |
| Increase in loans from minority shareholders |
|
|
(1) |
|
|
| |
|
(273) |
6 |
485 |
175 |
| NET INCREASE IN CASH
AND CASH EQUIVALENTS |
|
186 |
321 |
380 |
(30) |
| ADJUSTED CASH AND
CASH EQUIVALENTS AT |
|
|
|
|
|
| BEGINNING OF YEAR |
|
1
297 |
976 |
126 |
156 |
| Increase in cash and cash equivalents due to proportionate
|
|
|
|
|
|
| consolidation of joint ventures |
|
39 |
12 |
|
|
| Cash and cash equivalents at beginning of |
|
|
|
|
|
| year as previously stated |
|
1 258
|
964 |
126 |
156
|
| |
|
|
|
|
|
| CASH AND CASH EQUIVALENTS
AT END OF YEAR |
|
|
|
1
483 |
1 297 |
| CALCULATION OF MOVEMENT
IN NET DEBT |
|
|
|
|
|
| Net cash inflow as above |
|
459 |
315 |
|
|
| Add: |
|
|
|
|
|
| – Shares issued |
|
128 |
132 |
|
|
| – Loans from/(to) minority shareholders |
|
2 |
(1) |
|
|
| – Non-cash increase in loans due to joint
ventures |
|
|
|
|
|
| now consolidated |
|
(1) |
|
|
|
| – Non-cash flow movement in net debt applicable
to |
|
|
|
|
|
| special purpose entities |
|
|
(22) |
|
|
| – Non-cash flow movements in net debt applicable |
|
|
|
|
|
| to currency translation differences
of transactions |
|
|
|
|
|
| denominated in foreign currency |
|
(96) |
101 |
|
|
| – Non-cash flow movements in net debt applicable |
|
|
|
|
|
| to currency translation differences
of net debt items |
|
|
|
|
|
| of foreign entities |
29.9 |
(13) |
(33) |
|
|
| DECREASE IN NET
DEBT |
|
479 |
492 |
|
|
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