Annual integrated report 2016

2016

R’000

2015

R’000

FINANCE CHARGES

Charge per statement of profit or loss

(290 625)

(269 963)

Unwinding of discount on puttable non-controlling interest liabilities (refer to note 26)

23 085

18 363

Amounts capitalised to borrowings

161

145

Amounts paid

(267 379)

(251 455)

TAXATION PAID

Amounts payable at beginning of year

(417 438)

(302 759)

Current taxation charge

(1 060 128)

(881 855)

Businesses acquired

(9 340)

(40 189)

Businesses disposed of

717

–

Transfer as a result of unbundling

(18 489)

–

Exchange rate adjustments

(55 970)

(7 065)

Amounts payable at end of year

409 760

417 438

Amounts paid

(1 150 888)

(814 430)

10.

DISTRIBUTIONS TO SHAREHOLDERS

Dividends paid to shareholders

(537 283)

–

Dividends paid to non-controlling interests

(13 140)

(15 410)

Amounts paid

(550 423)

(15 410)

11.

ACQUISITION OF BUSINESSES, SUBSIDIARIES AND ASSOCIATES

Property, plant and equipment

(228 880)

(344 956)

Deferred taxation

(5 695)

100 482

Interest in associates

(5 726)

(27 176)

Investments and advances

–

(6 948)

Intangible assets

(800)

–

Inventories

(67 837)

(385 657)

Trade and other receivables

(185 102)

(1 528 364)

Cash and cash equivalents

(10 988)

(209 449)

Post-retirement obligations

–

12 314

Borrowings

108 663

343 841

Trade and other payables and provisions

183 773

938 757

Taxation

9 340

40 189

Net fair value of assets carried forward

(203 252)

(1 066 967)

Notes to the consolidated financial statements

for the year ended June 30

Page 82

| Bidcorp Limited Annual integrated report 2016