Condensed group cash flow statement
FOR THE YEAR ENDED 30 JUNE 2019

   (Rand millions unless otherwise stated)
   Reviewed 
year to 
30 June 
2019
 
   Reviewed 
year to 
30 June 
2018 
  
Cash generated by operations  2 114     1 748    
Finance income  71     61    
Finance costs  (31)    (35)   
Dividends paid  (941)    (360)   
Taxation  (539)    (435)   
Cash flow from operating activities  674     979    
Additions to property, plant and equipment  (622)    (669)   
Proceeds on disposal of property, plant and equipment  95     11    
Increase in investments  –     33    
(Decrease)/increase in long-term financial assets  (38)    27    
Purchase of interest in subsidiaries  (28)    –    
Net cash flow from acquisition of subsidiary  –     (1 602)   
Cash flow from investing activities  (593)    (2 200)   
Proceeds of share Rights Offer  –     1 565    
Increase in loans and borrowings  503          
Purchase of interest in subsidiary  (16)         
Treasury share movements  (46)    (176)   
Cash flow from financing activities  441     1 389    
Net movement in cash and cash equivalents for the year  522     168    
Cash and cash equivalents at the beginning of the year  679     511    
Cash and cash equivalents at the end of the year  1 201     679    

Investor contacts


Physical and registered address

The Italtile Building
Cnr William Nicol Drive and
Peter Place
Bryanston 2021
Gauteng, South Africa

Postal address

PO Box 1689
Randburg 2125
South Africa

Contact details

Telephone: +27 11 510 9050
Fax: +27 11 510 9060

Visit us

www.italtile.com