| |
|
Group |
| Company |
| For the year ended 31 December |
Note |
2020
Rm |
2019
Rm |
| 2020
Rm |
(Re-
presented)1
2019
Rm |
| Net operating profit/(loss) |
| 4 293 |
6 399 |
| (1 511) |
2 483 |
| – Continuing operations |
| 4 293 |
4 269 |
| (2 267) |
378 |
| – Discontinued operations |
|
| 2 130 |
| 756 |
2 105 |
| Adjusted for non-cash movements: |
|
|
|
|
| |
| – Depreciation and amortisation |
|
2 436 |
1 912 |
| 148 |
129 |
| – Gain on remeasurement of associate to fair value less costs of disposal |
6.1.4 |
|
|
| (756) |
(723) |
| – Net impairment charges of non-current assets |
8.5 |
1 882 |
35 |
| 2 235 |
285 |
| – ECLs on financial assets at amortised costs |
| (144) |
165 |
| 83 |
15 |
| – Write-off of trade and other receivables |
|
35 |
10 |
| 10 |
|
| – Movement in provisions |
|
(1 100) |
127 |
| (3) |
(3) |
| – Movement in retirement employee obligations |
| 4 |
14 |
|
| |
| – Net currency exchange differences |
| (8) |
(103) |
| 45 |
(25) |
| – Fair value adjustments on financial instruments |
| (73) |
(474) |
| 2 |
(368) |
| – Gain on termination of lease |
|
| (1) |
|
| |
| – Net loss on disposal of property, plant and equipment |
| 92 |
|
| 14 |
18 |
| – Net loss on liquidation of subsidiary |
|
|
|
| 1 |
|
| – Net gain on disposal of operation and subsidiaries |
|
| (76) |
| (122) |
|
| – Gain on deemed disposal of JV |
| (1 321) |
|
|
| |
| – Gain on disposal of joint operation |
| (17) |
|
|
| |
| – Gain on transfer of operation |
| (4) |
|
|
| |
| – Loss on loss of control of subsidiary |
|
| 35 |
|
| |
| – Gain on disposal of associates |
6.1.4; 8.6 |
| (1 504) |
|
| (1 823) |
| – Loss on dilution of investment in associates |
|
20 |
42 |
|
| |
| – Indemnification asset movement |
| 798 |
(139) |
|
| (65) |
| – Share-based payment expense |
| 250 |
266 |
| 150 |
166 |
| – Hedge ineffectiveness on cash flow hedges |
| 57 |
|
|
| |
| – Translation of net investment in foreign operations |
| (1) |
|
|
| |
| – Translation of foreign currency items |
| (12) |
127 |
|
| |
| – Amortisation of transaction costs |
| 5 |
(5) |
| 5 |
(5) |
| – Non-cash recoveries |
| 132 |
239 |
|
| |
| – Net gains on translation differences recycled to profit or loss |
| (116) |
(840) |
|
| 3 |
| – Losses on cash flow hedge reserve recycled to profit or loss on deemed disposal of JV |
| 59 |
|
|
| |
| – Other non-cash movements |
| (8) |
(13) |
|
| 52 |
| Cash before working capital movements |
| 7 259 |
6 216 |
| 301 |
139 |
| Working capital movements |
|
|
|
|
| |
| – Increase in inventories |
| (157) |
(286) |
| (4) |
(3) |
| – Decrease/(increase) in trade and other receivables |
| 515 |
(392) |
| (43) |
(533) |
| – Increase in receivable treasury facilities with subsidiaries |
|
|
|
| (848) |
(2 428) |
| – Increase/(decrease) in trade and other payables |
| 193 |
(192) |
| (3) |
70 |
| – Increase in payable treasury facilities with subsidiaries |
|
|
|
| 1 952 |
3 561 |
| – Utilisation of provisions |
13.3 |
(40) |
(73) |
|
| (1) |
| Cash generated by operations |
| 7 770 |
5 273 |
| 1 355 |
805 |
