| 2019 R’000 |
2018 R’000 |
|||||||
|---|---|---|---|---|---|---|---|---|
| 27 | NOTES TO THE STATEMENT OF CASH FLOW | |||||||
| 27.1 | Cash generated from operations | 2 080 609 | 2 312 472 | |||||
| Profit before taxation | ||||||||
| Adjusted for: | 120 271 | 125 236 | ||||||
| — depreciation of property, plant and equipment | 26 389 | 49 971 | ||||||
| — amortisation of intangible assets | (557 437) | (502 368) | ||||||
| — interest income | (55 462) | (17 778) | ||||||
| — dividends received | 55 302 | 19 394 | ||||||
| — finance costs | (40 771) | (52 931) | ||||||
| — net foreign exchange gains | 12 989 | 10 271 | ||||||
| — cash-settled share-based payment charges | 31 615 | 38 963 | ||||||
| — movement in long-term provisions | 6 482 | 11 334 | ||||||
| — cost of inventories written down | 253 | — | ||||||
| — payment received on long-term loans | 62 | (6 578) | ||||||
| — net loss/(profit) on disposal of property, plant and equipment | (2 669) | — | ||||||
| — gain on disposal of investment in subsidiary company | — | (42 432) | ||||||
| — profit on sale of available-for-sale listed investments | — | 21 564 | ||||||
| — impairment of non-financial assets | — | 9 519 | ||||||
| — impairment of furniture, fittings and office equipment | — | (8 104) | ||||||
| — gain on disposal of investment in associate | 1 677 633 | 1 968 533 | ||||||
| 27.2 | Movements in working capital | |||||||
| Movement in inventories | (651 363) | (138 922) | ||||||
| Movement in trade and other receivables | (454 953) | (117 995) | ||||||
| Movement in trade and other payables | 48 358 | 747 333 | ||||||
| Payments against short-term provisions | (19 106) | (150 176) | ||||||
| Movement in foreign currency translation | 12 439 | 15 583 | ||||||
| (1 064 625) | 355 823 | |||||||
| 27.3 | Finance costs | |||||||
| Finance costs per income statement | (55 302) | (19 394) | ||||||
| Unwinding of discount on environmental obligations (refer note 16) | 7 565 | 6 559 | ||||||
| (47 737) | (12 835) | |||||||
| 27.4 | Taxation paid | |||||||
| Unpaid at beginning of year | (24 059) | (72 532) | ||||||
| Charged to the income statement | (629 756) | (645 546) | ||||||
| Movement in deferred taxation (refer note 15) | 111 722 | 10 880 | ||||||
| Unpaid at end of year | 14 907 | 24 059 | ||||||
| (527 186) | (683 139) | |||||||
| 27.5 | Dividends paid to shareholders of the holding company | |||||||
| Unpaid at beginning of year | (4 307) | (3 112) | ||||||
| Declared during the year (refer note 26) | (3 071 354) | (2 512 926) | ||||||
| Dividends attributable to treasury shares (refer note 26) | 802 095 | 656 207 | ||||||
| Unpaid at end of year, included in other payables | 4 640 | 4 307 | ||||||
| (2 268 926) | (1 855 524) | |||||||