| |
R millions |
Audited
Annual
30 June
2011 |
|
Audited
Annual
30 June
2010 |
|
| |
(Loss)/profit before interest, depreciation and amortisation |
(734) |
|
2 586 |
|
| |
– Continuing |
(93) |
|
2 123 |
|
| |
– Discontinued |
(641) |
|
463 |
|
| |
Non-cash items |
1 380 |
|
(204) |
|
| |
– Non-cash charges including impairments |
1 009 |
|
79 |
|
| |
– Non-cash contract completion expenses |
585 |
|
– |
|
| |
– Fair value adjustments |
(214) |
|
(283) |
|
| |
Cash outflow from headlease and other property activities |
(6) |
|
(47) |
|
| |
Decrease/(increase) in working capital |
232 |
|
(931) |
|
| |
Cash generated from operations |
872 |
|
1 404 |
|
| |
Interest and taxation paid (net) |
(538) |
|
(713) |
|
| |
Operating cash flow |
334 |
|
691 |
|
| |
Dividends paid to owners of Murray & Roberts Holdings Limited |
(187) |
|
(572) |
|
| |
Dividends paid to non-controlling interests |
(87) |
|
(95) |
|
| |
Cash flow from operating activities |
60 |
|
24 |
|
| |
Property, plant and equipment and intangible assets (net) |
(747) |
|
(943) |
|
| |
Acquisition of associates |
(7) |
|
(341) |
|
| |
Acquisition of non-controlling interests |
– |
|
(59) |
|
| |
Business (acquisitions)/disposals (net) |
(70) |
|
592 |
|
| |
Assets classified as held-for-sale (net) |
741 |
|
(154) |
|
| |
Other investments (net) |
– |
|
183 |
|
| |
Other (net) |
21 |
|
(14) |
|
| |
Cash flow from investing activities |
(62) |
|
(736) |
|
| |
Net increase in borrowings |
529 |
|
377 |
|
| |
Treasury share disposals (net) |
20 |
|
19 |
|
| |
Cash flow from financing activities |
549 |
|
396 |
|
| |
Net increase/(decrease) in cash and cash equivalents |
547 |
|
(316) |
|
| |
Net cash and cash equivalents at beginning of year |
2 566 |
|
2 876 |
|
| |
Effect of foreign exchange rates |
(59) |
|
6 |
|
| |
Net cash and cash equivalents at end of year |
3 054 |
|
2 566 |
|
