| |
|
Restated |
| |
Audited |
Audited |
| |
March |
March |
| |
2014 |
2013 |
| |
Rm |
Rm |
| Cash flows from operating activities |
|
|
| Operating profit before working capital movements |
1 922.4 |
1 551.9 |
| Working capital movements |
105.2 |
(516.5) |
| Cash generated from operations |
2 027.6 |
1 035.4 |
| Net financing costs |
(336.4) |
(295.4) |
| Taxation paid |
(298.6) |
(193.5) |
| Dividend income |
5.1 |
2.3 |
| Distributions/dividends paid |
(556.9) |
(458.0) |
| Net cash inflows from operating activities |
840.8 |
90.8 |
| Cash flows from investing activities |
|
|
| Replacement of property, plant and equipment |
(342.6) |
(291.0) |
| Expansion capital expenditure |
(366.2) |
(640.8) |
| Net expansion of area under cane |
(7.9) |
(28.4) |
| Capitalisation of product registrations |
(5.3) |
(10.5) |
| Proceeds on disposal of plant and equipment |
6.9 |
5.1 |
| Proceeds on disposal of property |
1.8 |
1.7 |
| Funding from non-controlling interest |
– |
41.7 |
| Acquisition of business |
15.6 |
– |
| Proceeds on disposal of shareholding in joint ventures |
9.5 |
– |
| Net movement on investments and loans |
(17.1) |
2.5 |
| Net cash outflows from investing activities |
(705.3) |
(919.7) |
| Net cash inflows/(outflows) before financing activities |
135.5 |
(828.9) |
| Cash flows from financing activities |
|
|
| Long-term borrowings repaid |
(175.3) |
(245.7) |
| Short-term borrowings raised |
226.9 |
215.6 |
| Issue of share capital net of associated costs |
1.3 |
3.1 |
| Net cash inflows/(outflows) from financing activities
|
52.9 |
(27.0) |
| Net increase/(decrease) in cash and cash equivalents |
188.4 |
(855.9) |
| Cash and cash equivalents at beginning of year |
453.5 |
1 381.6 |
| Exchange rate translation |
(44.8) |
(72.2) |
| Cash and cash equivalents at end of year |
597.1 |
453.5 |
