MENU Notes to the financial statementsfor the year ended 30 June 2015

  1. Accounting policies
  2. Definitions
  3. Revenue
  4. Cost of sales
  5. Trading profit
  6. Share-based payments
  7. Finance revenue
  8. Finance cost
  9. Taxation
  10. Earnings per share
  11. Headline earnings per share
  12. Dividends paid in the current year
  13. Property, plant and equipment
  14. Investment properties
  15. Investments
  16. Long-term financial assets
  17. Goodwill
  18. Deferred taxation
  19. Inventories
  20. Trade and other receivables
  21. Cash and cash equivalents
  22. Stated capital
  23. Non-distributable reserve
  24. Interest-bearing loans and borrowings
  25. Trade and other payables
  26. Provisions
  27. Reconciliation of profit before taxation to cash generated from operations
  28. Taxation paid
  29. Dividends paid
  30. Commitments and contingencies
  31. Employee benefits
  32. Financial risk management objectives and policies
  33. Related-party transactions
  34. Segment report (restated)
  35. Subsequent events
  36. Discontinued operations
  37. Loss of control in subsidiary
  38. Group entities
Company       Group  
2015  
Rm’s  		     2014  
Rm’s  		       2015  
Rm’s  		     2014  
Rm’s  
        27. Reconciliation of profit before taxation to cash generated from operations            
265       720     Profit before taxation     978       771  
          Adjusted for:            
          Pretax loss from discontinued operations     —       (12) 
          Income from associates     (62)      (29) 
          Depreciation     70       68  
          Profit on sale of property, plant and equipment     (7)      (5) 
(12)      (20)    Finance revenue     (17)      (11) 
(228)      (700)    Dividends received from subsidiary            
—       1     Finance cost     6       20  
          Share-based payment expense     14       24  
(25)      —     (Impairments reversal)/impairments     (1)      30  
          Profit on sale of controlling interest in subsidiary     (14)      —  
          Gain on liquidation of foreign subsidiary     (19)      —  
          Foreign currency translation difference     5       (4) 
#       (1)    Other non-cash movements     #       #  
          Working capital changes            
          Increase in inventories     (72)      (55) 
          Increase in trade and other receivables     (57)      (48) 
#       #     Increase in trade and other payables, including provisions     40       9  
#       #     Cash generated by operations     864       758  
          #Less than R1 million.