| |
|
GROUP
June 2016
R000 |
|
GROUP
June 2015
R000 |
|
| 29.1 |
Cash generated from operations |
|
|
|
|
| |
Net income before taxation |
2 802 971 |
|
3 798 599 |
|
| |
Adjustments: |
(1 032 975) |
|
(2 081 065) |
|
| |
Change in fair value: Investment property |
(1 380 638) |
|
(2 467 113) |
|
| |
Change in fair value: Derivatives |
59 904 |
|
(19 556) |
|
| |
Investment in subsidiary (African Land) |
10 102 |
|
|
|
| |
Profit on disposal: Investment property |
|
|
(24 243) |
|
| |
Loss on disposal: Investment in subsidiary |
|
|
30 011 |
|
| |
Goodwill |
|
|
4 280 |
|
| |
Share of income from associate |
(457) |
|
(652) |
|
| |
Share of loss from joint venture |
41 007 |
|
17 447 |
|
| |
Unrealised foreign exchange gain |
(177 869) |
|
|
|
| |
Depreciation |
24 738 |
|
20 054 |
|
| |
Share-based payment expense |
9 919 |
|
6 707 |
|
| |
Interest received |
(323 759) |
|
(157 344) |
|
| |
Interest paid |
689 935 |
|
508 991 |
|
| |
Non-controlling interest’s share of current year profits |
13 628 |
|
|
|
| |
Loss on write-off of assets |
|
|
82 |
|
| |
Other non-cash items |
515 |
|
271 |
|
| |
Operating profit before working capital changes |
1 769 996 |
|
1 717 534 |
|
| |
(Increase)/decrease in working capital |
(60 229) |
|
21 230 |
|
| |
(Increase)/decrease in receivables |
(69 288) |
|
19 620 |
|
| |
Decrease/(increase) in working capital included in held-for-sale |
6 301 |
|
(14 740) |
|
| |
Increase in payables |
2 758 |
|
16 350 |
|
|
|
|
|
|
|
| |
Cash generated from operations |
1 709 767 |
|
1 738 764 |
|
| 29.2 |
Taxation paid |
|
|
|
|
| |
Taxation payable at beginning of year |
(10 132) |
|
(298) |
|
| |
Per statements of profit or loss and other comprehensive income |
(7 371) |
|
(12 386) |
|
| |
Taxation payable at end of year |
2 037 |
|
10 132 |
|
| |
|
(15 466) |
|
(2 552) |
|