| Notes to the consolidated annual financial statements l Note 31 |
|
| 31 Reconciliation of profit for the year to cash generated from operations |
|
Group |
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Company |
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| |
|
2017
Rm |
|
|
2016
Rm |
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|
2017
Rm |
|
|
2016
Rm |
|
|
|
|
|
|
|
|
|
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|
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| Cash generated from operations |
|
8 910 |
|
|
8 694 |
|
|
7 362 |
|
|
7 955 |
|
| Profit for the year |
|
3 854 |
|
|
2 376 |
|
|
4 705 |
|
|
2 585 |
|
| Finance charges and fair value movements |
|
888 |
|
|
622 |
|
|
801 |
|
|
618 |
|
| Taxation |
|
691 |
|
|
524 |
|
|
65 |
|
|
359 |
|
| Investment income |
|
(219) |
|
|
(203) |
|
|
(522) |
|
|
(812) |
|
| Interest received from trade receivables and subsidiaries |
|
(236) |
|
|
(261) |
|
|
(213) |
|
|
(255) |
|
| Non-cash items |
|
4 739 |
|
|
7 091 |
|
|
3 118 |
|
|
5 616 |
|
| Depreciation, amortisation, impairment and write-offs |
|
5 661 |
|
|
5 527 |
|
|
5 229 |
|
|
5 274 |
|
| Debtors impairment |
|
556 |
|
|
416 |
|
|
380 |
|
|
424 |
|
| Cost of equipment disposed when recognising finance leases |
|
|
|
|
42 |
|
|
– |
|
|
42 |
|
| Sale of Telkom enterprise |
|
– |
|
|
– |
|
|
(1 828) |
|
|
– |
|
| Post-retirement medical aid settlement gain |
|
– |
|
|
(19) |
|
|
– |
|
|
(19) |
|
| (Decrease)/increase in provisions |
|
(991) |
|
|
1 424 |
|
|
(790) |
|
|
399 |
|
| Profit on disposal of property, plant and equipment and intangible assets |
|
(222) |
|
|
(475) |
|
|
(161) |
|
|
(474) |
|
| Deferred revenue |
|
(265) |
|
|
176 |
|
|
288 |
|
|
(30) |
|
| (Decrease) / increase in working capital |
|
(807) |
|
|
(1 455) |
|
|
(592) |
|
|
(156) |
|
| Inventories |
|
(363) |
|
|
(23) |
|
|
(305) |
|
|
107 |
|
| Accounts receivable |
|
(1 112) |
|
|
(295) |
|
|
(2 225) |
|
|
(493) |
|
| Accounts payable |
|
668 |
|
|
(1 137) |
|
|
1 938 |
|
|
230 |
|
|
|
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|
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| Notes to the consolidated annual financial statements l Note 31 |
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|