| |
|
|
|
Restated |
| 52 weeks |
|
|
26 weeks to |
26 weeks to |
| to 28 June |
|
|
27 December |
28 December |
| 2009 |
|
|
2009 |
2008 |
| Rm |
|
|
Rm |
Rm |
| |
|
Cash flow from operating activities |
|
|
| 1 650.6 |
|
Cash inflow from trading |
1 061.6 |
785.5 |
| 67.3 |
|
Working capital movements |
107.7 |
495.5 |
| 20.6 |
|
Cash applied to financial services assets |
– |
20.6 |
| 1 738.5 |
|
Cash generated by operating activities |
1 169.3 |
1 301.6 |
| 549.5 |
|
Interest received |
82.5 |
454.4 |
| (312.0) |
|
Finance costs paid |
(80.3) |
(225.2) |
| (370.3) |
|
Tax paid |
(111.4) |
(102.4) |
| 1 605.7 |
|
Cash generated by operations |
1 060.1 |
1 428.4 |
| 1.2 |
|
Dividends received from associate |
1.1 |
– |
| – |
|
Dividends received from WFS |
20.0 |
– |
| (654.8) |
|
Distributions to shareholders |
(426.7) |
(410.3) |
| 952.1 |
|
Net cash inflow from operating activities |
654.5 |
1 018.1 |
| |
|
Cash flow from investing activities |
|
|
| (614.2) |
|
Net investment in PPE |
(309.1) |
(268.0) |
| 875.0 |
|
Proceeds on disposal of controlling interest in subsidiary |
– |
875.0 |
| 2 908.8 |
|
Replacement of WFS debt funding by joint venture partner |
– |
2 822.2 |
| (535.1) |
|
Cash disposed of on sale of controlling interest in subsidiary |
– |
(535.1) |
| (48.1) |
|
Costs incurred on disposal of controlling interest in subsidiary |
– |
(48.1) |
| 38.5 |
|
Other |
4.5 |
15.1 |
| 2 624.9 |
|
Net cash (outflow)/inflow from investing activities |
(304.6) |
2 861.1 |
| |
|
Cash flow from financing activities |
|
|
| 25.6 |
|
Shares issued |
17.9 |
15.7 |
| (316.6) |
|
Repurchase of treasury shares |
(220.0) |
(152.5) |
| (750.0) |
|
Special dividend to shareholders |
– |
(750.0) |
| (5.0) |
|
Share repurchase costs |
(0.7) |
(3.4) |
| (9.1) |
|
Payment of finance lease liabilities |
(6.0) |
(1.4) |
| (1 055.1) |
|
Net cash outflow from financing activities |
(208.8) |
(891.6) |
| 2 521.9 |
|
Increase in cash and cash equivalents |
141.1 |
2 987.6 |
| (90.7) |
|
Cash and cash equivalents at the beginning of the period |
2 391.1 |
(90.7) |
| (40.1) |
|
Effect of foreign exchange rate changes |
40.4 |
16.3 |
| 2 391.1 |
|
Cash and cash equivalents at the end of the period |
2 572.6 |
2 913.2 |
| |
|
GROUP ANALYSIS |
|
|
| 1 650.6 |
|
Cash inflow from trading |
1 061.6 |
785.5 |
| 1 448.4 |
|
Woolworths |
938.2 |
660.1 |
| 202.2 |
|
Country Road |
123.4 |
125.4 |
| 753.0 |
|
Gross capital expenditure |
315.6 |
294.7 |
| 610.5 |
|
Woolworths |
224.5 |
251.5 |
| 142.5 |
|
Country Road |
91.1 |
43.2 |
