| |
|
|
| |
| |
|
2009
R’million |
|
|
2008
R’million |
| A. |
CASH GENERATED FROM OPERATIONS |
|
|
|
|
| |
Operating profit |
213,4 |
|
|
92,1 |
| |
Amortisation of intangible assets |
36,3 |
|
|
74,5 |
| |
Depreciation |
0,6 |
|
|
0,6 |
| |
Impairment of intangible assets |
13,6 |
|
|
1,3 |
| |
Reversal of impairment losses |
(0,1) |
|
|
— |
| |
Profit on disposal of intangible assets |
— |
|
|
(40,8) |
| |
Share-based payment expense – employees |
6,4 |
|
|
4,6 |
| |
Repurchase treasury shares |
(1 194,1) |
|
|
— |
| |
Cash operating profit |
(923,9) |
|
|
132,3 |
| |
Changes in working capital |
17,0 |
|
|
4,1 |
| |
Decrease in trade and other receivables |
5,2 |
|
|
0,8 |
| |
Increase in trade and other payables |
11,8 |
|
|
3,3 |
 |
|
|
|
|
|
| |
|
(906,9) |
|
|
136,4 |
| B. |
FINANCING COSTS PAID |
|
|
|
|
| |
Interest paid |
— |
|
|
(13,8) |
| |
Preference share dividends paid |
(38,3) |
|
|
(38,1) |
| |
Net foreign exchange (losses)/gains |
(1,0) |
|
|
27,9 |
| |
|
(39,3) |
|
|
(24,0) |
| C. |
INVESTMENT INCOME RECEIVED |
|
|
|
|
| |
Dividends received from subsidiaries and joint venture |
2 665,6 |
|
|
1 647,8 |
| |
Preference share dividends received |
— |
|
|
33,3 |
| |
Interest received |
69,9 |
|
|
88,3 |
| |
|
2 735,5 |
|
|
1 769,4 |
| D. |
TAX PAID |
|
|
|
|
| |
Amounts unpaid at the beginning of the year |
(24,2) |
|
|
(10,0) |
| |
Charge per the income statement (excluding deferred tax) |
(67,8) |
|
|
(49,4) |
| |
Tax claims credited to equity in respect of share schemes |
0,7 |
|
|
3,5 |
| |
Amounts unpaid at the end of the year |
29,2 |
|
|
24,2 |
| |
|
(62,1) |
|
|
(31,7) |
|
|
|
| |
|
|
|
