Summarised consolidated statement of cash flows

for the year ended 30 June

Download (EXCEL)

 

 

  Note Audited
2014
Rm
    Audited
2013
Rm
 
Cash flows from operating activities            
Cash generated by operations before movements in net working capital   8 568     8 795  
Movements in net working capital   (2 879)     (1 604)  
Cash generated by operations before capital expenditure on rental assets   5 689     7 191  
Expansion capital expenditure – rental assets   (137)     (332)  
Net replacement capital expenditure – rental assets   (390)     (584)  
– Expenditure   (1 959)     (2 330)  
– Proceeds   1 569     1 746  
Cash generated by operations   5 162     6 275  
Net finance cost paid   (926)     (744)  
Tax paid   (1 267)     (1 394)  
Cash flow from operating activities   2 969     4 137  
Cash flows from investing activities            
Net acquisitions and disposals of subsidiaries and businesses   (297)     (539)  
Expansion capital expenditure – excluding rental assets   (1 626)     (1 350)  
Net replacement capital expenditure – excluding rental assets   (1 162)     (811)  
Net movement in associates and joint ventures   (144)     (321)  
Net movement in investments, loans and other financial instruments   1 113     (771)  
    (2 116)     (3 792)  
Cash flows from financing activities*            
Hedge cost premium paid   (108)     (117)  
Ordinary shares repurchased and cancelled   (502)     (742)  
Dividends paid   (1 940)     (1 755)  
Change in non-controlling interests   (364)     (9)  
Capital raised from non-controlling interests   89     28  
Repayment of corporate bond (2013: Eurobond)   (1 500)     (2 690)  
Proceeds on the issue of corporate bonds   3 000     750  
Net increase in other interest-bearing borrowings   1 805     672  
    480     (3 863)  
Net increase (decrease) in cash and cash equivalents   1 333     (3 518)  
Effects of exchange rate changes on cash resources in a foreign currency   45     209  
Cash and cash equivalents at beginning of year   (480)     2 829  
Cash and cash equivalents at end of year 8 898     (480)  
* There has been no cash flow for the shares issued relating to the share scheme settlements in the prior year.