| |
52 weeks |
52 weeks |
| |
to 27 June |
to 28 June |
| |
2010 |
2009 |
| |
Rm |
Rm |
| Cash flow from operating activities |
|
|
| Cash inflow from trading |
2 220 |
1 651 |
| Working capital movements |
215 |
67 |
| Cash applied to financial services assets |
– |
21 |
| Cash generated by operating activities |
2 435 |
1 739 |
| Interest received |
167 |
549 |
| Finance costs paid |
(152) |
(312) |
| Tax paid |
(367) |
(370) |
| Cash generated by operations |
2 083 |
1 606 |
| Dividends received from associate |
1 |
1 |
| Dividends received from WFS |
35 |
– |
| Distributions to shareholders |
(725) |
(655) |
| Net cash inflow from operating activities |
1 394 |
952 |
| Cash flow from investing activities |
|
|
| Net investment in PPE |
(543) |
(614) |
| Proceeds on disposal of controlling interest in subsidiary |
– |
875 |
| Replacement of WFS debt funding by joint venture partner |
– |
2 909 |
| Cash disposed of on sale of controlling interest in subsidiary |
– |
(535) |
| Costs incurred on disposal of controlling interest in subsidiary |
– |
(48) |
| Other |
29 |
38 |
| Net cash (outflow)/inflow from investing activities |
(514) |
2 625 |
| Cash flow from financing activities |
|
|
| Shares issued |
47 |
26 |
| Repurchase of treasury shares |
(410) |
(317) |
| Special dividend to shareholders |
– |
(750) |
| Share repurchase costs |
(1) |
(5) |
| Payment of finance lease liabilities |
(20) |
(9) |
| Short-term borrowings raised |
20 |
– |
| Net cash outflow from financing activities |
(364) |
(1 055) |
| Increase in cash and cash equivalents |
516 |
2 522 |
| Cash and cash equivalents at the beginning of the period |
2 391 |
(91) |
| Effect of foreign exchange rate changes |
10 |
(40) |
| Cash and cash equivalents at the end of the period |
2 917 |
2 391 |
| GROUP ANALYSIS |
|
|
| Cash inflow from trading |
2 220 |
1 651 |
| SA Retail |
2 022 |
1 449 |
| Country Road |
198 |
202 |
| Gross capital expenditure |
607 |
753 |
| SA Retail |
460 |
611 |
| Country Road |
147 |
143 |
