Download excel
| For the six months ended | ||
| 30 June 2022 Unaudited R'000 |
30 June 2021 Unaudited R'000 |
|
| Profit before taxation | 1 279 016 | 803 572 |
|---|---|---|
| Finance expense | 774 | 981 |
| Finance income | (11 101) | (3 743) |
| Depreciation and amortisation | 105 452 | 12 893 |
| Impairment | – | 5 824 |
| Movement in provision | 14 127 | 14 346 |
| Share-based payment expense | 6 677 | 2 538 |
| Share grants exercised | (2 324) | (1 132) |
| Profit on sale of property, plant and equipment | – | (53) |
| Income from equity accounted investment | (1 154) | (719) |
| Non-cash movement | 994 | 6 |
| Effect of exchange rate fluctuation | (1 584) | (70 686) |
| Embedded derivative expense | 58 940 | (29 980) |
| Adjusted for working capital changes | (426 253) | (91 590) |
| Cash generated from operating activities | 1 023 564 | 642 257 |
| Interest paid | (2 034) | (370) |
| Interest received | 11 050 | 3 233 |
| Taxation paid | (284 206) | (10 421) |
| Net cash from operating activities | 748 374 | 634 699 |
| Sustaining capital expenditure | (142 505) | (175 999) |
| Expansionary capital expenditure | (12 757) | (1 787) |
| Proceeds on disposal of property, plant and equipment | – | 53 |
| Net cash utilised in investing activities | (155 262) | (177 733) |
| Payment for repurchase of shares | – | (5 775) |
| Costs incurred for the repurchase of shares | – | (32) |
| Dividends paid | (549 367) | – |
| Repayment of capital portion of lease liabilities | (2 205) | (2 017) |
| Net cash utilised in financing activities | (551 572) | (7 824) |
| Net increase in cash and cash equivalents | 41 540 | 449 142 |
| Cash and cash equivalents at the beginning of the period | 972 130 | 277 629 |
| Effect of foreign exchange rate changes on cash balances | 1 584 | 70 686 |
| Cash and cash equivalents at the end of 30 June | 1 015 254 | 797 457 |