| |
|
2006 |
|
|
2005 |
|
| R000’s |
|
Audited |
|
|
Restated
Audited |
|
| Cash flow from operating activities |
|
2
352 689 |
|
|
2 416 284 |
|
| Operating
profit |
|
3
691 507 |
|
|
3
016 353 |
|
| Dividends
received from associates |
|
4
991 |
|
|
6
905 |
|
| Depreciation
and other non-cash items |
|
954
879 |
|
|
832
643 |
|
| Changes
in working capital |
|
(161
019) |
|
|
344
548 |
|
| Cash
generated by operations |
|
4
490 358 |
|
|
4
200 449 |
|
| Net
finance charges paid |
|
(258
582) |
|
|
(211
897) |
|
| Taxation
paid |
|
(863
495) |
|
|
(742
364) |
|
| Distributions:
Company |
|
(992
408) |
|
|
(812
592) |
|
| Minorities |
|
(23
184) |
|
|
(17
312) |
|
| Cash effects of investment activities |
|
(2
368 372) |
|
|
(2 223 714) |
|
| Net
additions to vehicle rental fleet |
|
(298
251) |
|
|
(131
624) |
|
| Net
additions to property, plant and equipment |
|
(1
454 153) |
|
|
(1
204 447) |
|
| Net
additions to intangible assets |
|
(100
613) |
|
|
(52
184) |
|
Net
acquisition of subsidiaries, businesses,
associates and investments |
|
(515
355) |
|
|
(835
459) |
|
| Cash effects of financing activities |
|
842
777 |
|
|
(842 050) |
|
| Proceeds
from shares issued |
|
180
274 |
|
|
177
061 |
|
| Repurchase
of treasury shares |
|
(508
810) |
|
|
(532
058) |
|
| Net
borrowings raised (repaid) |
|
1
171 313 |
|
|
(487
053) |
|
 |
|
|
|
|
|
|
| Net increase (decrease) in cash
and cash equivalents |
|
827
094 |
|
|
(649 480) |
|
| Cash and cash equivalents at
the beginning of the year |
|
1
497 683 |
|
|
2 100 982 |
|
| Currency adjustments |
|
222
218 |
|
|
46 181 |
|
| Cash and cash equivalents
at the end of the year |
|
2
546 995 |
|
|
1 497 683 |
|
| Cash equivalents are made up
as follows: |
|
|
|
|
|
|
| Cash
on hand and in the bank |
|
3
255 457 |
|
|
1 707 932 |
|
| Bank
overdrafts shown as short-term borrowings |
|
(708
462) |
|
|
(210 249) |
|
| |
|
2
546 995 |
|
|
1 497 683 |
|
