HOME Integrated Annual Report 2012 Sustainability Report 2012 Annual Financial Statements 2012
 
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Consolidated statement of cash flows

for the year ended 30 June 2012

  Notes     2012
Rm
  2011
Rm
 
Cash flows from operating activities              
Cash receipts from customers       81 248   64 275  
Cash paid to suppliers and employees       (73 808)   (58 198)  
Cash generated by operations before capital expenditure on rental assets 23.1     7 440   6 077  
Expansion capital expenditure – rental assets       (352)   (157)  
Net replacement capital expenditure – rental assets       (505)   (174)  
– Expenditure       (2 120)   (1 900)  
– Proceeds       1 615   1 726  
               
Cash generated by operations       6 583   5 746  
Net financing costs       (681)   (563)  
Tax paid       (1 522)   (1 221)  
        4 380   3 962  
Cash flows from investing activities              
Acquisition of subsidiaries and businesses       (1 886)   (943)  
Disposal of subsidiaries and businesses       18      
Expansion capital expenditure – excluding rental assets       (773)   (530)  
– Property       (406)   (225)  
– Transport fleet       (367)   (305)  
Net replacement capital expenditure – excluding rental assets 23.2     (962)   (667)  
– Intangible assets       (83)   (34)  
– Plant and equipment       (502)   (408)  
– Transport fleet       (377)   (225)  
Proceeds from sale of Imperial Bank Limited           477  
Dividend received from Ukhamba Holdings (Pty) Limited       387      
Net movement in other associates and joint ventures       (94)   78  
Net movement in investments, loans and non-current financial instruments       (63)   (15)  
        (3 373)   (1 600)  
Cash flows from financing activities*              
Hedge cost premium paid       (105)   (205)  
Repurchase of ordinary shares           (156)  
Cost incurred on cancellation of shares repurchased           (8)  
Dividends paid       (1 350)   (983)  
Change in non-controlling interests       (177)   (51)  
Repayment of IPL 3 and IC 01 corporate bonds           (2 026)  
Proceeds from the issuance of IPL 5 and IPL 6 corporate bonds           2 034  
Repayment of IC 02 corporate bond       (522)      
Proceeds on the Euro-syndicated bank term loan raised       2 482      
Decrease in interest-bearing borrowings       (1 432)   (225)  
        (1 104)   (1 620)  
Net (decrease) increase in cash and cash equivalents       (97)   742  
Cash and cash equivalents at beginning of year       2 926   2 184  
Cash and cash equivalents at end of year       2 829   2 926  
* There has been no cash flow for the share issue relating to the Deferred Bonus Plan.
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