Consolidated Statement of Cash Flows
for the year ended 31 August 2012

  2012
R’000
2011
R’000
Cash effects from operating activities    
Profit before working capital changes 1 235 114 1 075 227
Working capital changes (161 586) (105 055)
Cash generated by operations 1 073 528 970 172
Interest received 5 787 8 156
Interest paid (39 252) (29 269)
Taxation paid (276 458) (271 988)
Cash inflow from operating activities before distributions 763 605 677 071
Distributions paid to shareholders (337 285) (295 507)
Net cash effects from operating activities 426 320 381 564
     
Cash effects from investing activities    
Investment in property, plant and equipment and intangible assets to maintain operations (84 322) (70 160)
Investment in property, plant and equipment and intangible assets to expand operations (171 467) (145 541)
Acquisition of business, net of cash acquired – (10 225)
Proceeds from disposal of property, plant and equipment 2 651 1 572
Decrease in loans receivable 5 189 15 001
Net cash effects from investing activities (247 949) (209 353)
     
Cash effects from financing activities    
Purchase of treasury shares (12 013) (552 406)
Proceeds from disposal of treasury shares 1 973 2 579
Interest-bearing borrowings (repaid)/raised (160 670) 243 354
Net cash effects from financing activities (170 710) (306 473)
     
Net increase/(decrease) in cash and cash equivalents 7 661 (134 262)
Cash and cash equivalents at the beginning of the year 17 790 152 052
Cash and cash equivalents at the end of the year 25 451 17 790