| Print |
Consolidated statement of cash flows
for the year ended June 30
| Note | 2012 R’000 |
2011 R’000 |
||||
| Cash flows from operating activities | 4 577 878 | 4 466 468 | ||||
| Cash generated by operations | 7 | 8 941 983 | 8 162 830 | |||
| Finance income | 46 256 | 69 905 | ||||
| Finance charges | 8 | (715 210) | (629 119) | |||
| Taxation paid | 9 | (1 632 383) | (1 577 411) | |||
| Distributions to shareholders | 10 | (2 062 768) | (1 559 737) | |||
| Cash effects of investment activities | (3 151 751) | (3 853 284) | ||||
| Amounts repaid by (advanced to) associates | (37 078) | 4 113 | ||||
| Proceeds on disposal of investments | 1 002 891 | 187 431 | ||||
| Investments acquired | (421 034) | (572 007) | ||||
| Additions to property, plant and equipment | (2 468 865) | (2 733 592) | ||||
| Additions to vehicle rental fleet | (1 170 432) | (1 177 255) | ||||
| Additions to intangible assets | (299 327) | (241 185) | ||||
| Proceeds on disposal of property, plant and equipment | 656 080 | 210 361 | ||||
| Proceeds on disposal of vehicle rental fleet | 795 129 | 894 315 | ||||
| Proceeds on disposal of intangible assets | 4 778 | 3 796 | ||||
| Acquisition of businesses, subsidiaries and associates | 11 | (1 253 009) | (459 955) | |||
| Proceeds on disposal of interests in subsidiaries and associates, and disposal and closure of businesses |
12 | 39 116 | 30 694 | |||
| Cash effects of financing activities | 165 521 | (735 423) | ||||
| Proceeds from share issues | ||||||
| – Company | 56 247 | – | ||||
| – subsidiaries | 42 415 | – | ||||
| Purchase of treasury shares | – | (1 581 285) | ||||
| Costs incurred on cancellation of treasury shares | – | (11 980) | ||||
| Sale of treasury shares | 182 188 | 154 739 | ||||
| Borrowings raised | 8 099 715 | 6 497 065 | ||||
| Borrowings repaid | (8 215 044) | (5 793 962) | ||||
| Net increase (decrease) in cash and cash equivalents | 1 591 648 | (122 239) | ||||
| Cash and cash equivalents at beginning of year | 2 809 043 | 2 905 453 | ||||
| Effects of exchange rate fluctuations on cash and cash equivalents | 214 767 | 25 829 | ||||
| Cash and cash equivalents at end of year | 4 615 458 | 2 809 043 | ||||
| Cash and cash equivalents comprise | ||||||
| Cash and cash equivalents | 24 | 5 871 306 | 4 437 268 | |||
| Bank overdrafts included in short-term portion of borrowings | 28 | (1 255 848) | (1 628 225) | |||
| 4 615 458 | 2 809 043 | |||||
