| Notes to the consolidated financial statements | Note 7 |
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| |
|
2016
R’000 |
|
|
2015
R’000 |
|
| 7. |
CASH GENERATED BY OPERATIONS |
|
|
|
|
|
| |
Operating profit |
4 626 518 |
|
|
3 601 399 |
|
| |
Costs incurred in respect of acquisitions |
8 947 |
|
|
43 611 |
|
| |
Dividends received from associates |
23 467 |
|
|
– |
|
| |
Adjustment for depreciation and amortisation |
1 237 482 |
|
|
990 121 |
|
| |
Adjustment for other non-cash items |
207 872 |
|
|
(38 561) |
|
| |
Reduction in post-retirement obligations |
(224 391) |
|
|
(26 804) |
|
| |
Working capital changes |
762 572 |
|
|
525 234 |
|
| |
Increase in inventories |
(497 329) |
|
|
(335 999) |
|
| |
Increase in trade and other receivables |
(393 055) |
|
|
(404 847) |
|
| |
Increase in trade and other payables and provisions |
1 652 956 |
|
|
1 266 080 |
|
|
|
|
|
|
|
|
| |
Cash generated by operations |
6 642 467 |
|
|
5 095 000 |
|
|
|
|
|
|
|
|
| Notes to the consolidated financial statements | Note 7 |
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|