Calculate Free Cash Flows

Note 2019 R0 4000 Group 2018 R0 000 (as restated- note 32) Parent Company 2019 2018 RO 4040 RO 'q0D (as restated note 32) 40,722 37 43,194 37 12,585 37 12,452 37 5 6 7 8 a) 8b) 173 154 12,715 ASSETS Non-current assets Property, plant and equipment Investment property Intangible assets Investment in subsidiaries Investment in associates and a joint venture Investments at fair value through other comprehensive income Biological assets Right-of-use assets Total non-curront assets 16,850 2,306 2,565 355 355 355 8 c) 9 27b) 355 1,425 3,852 47,445 75 25,767 47 730 29,694 Current assets Inventories Trade and other receivables Due from the subsidiaries and related parties Investments at fair value through profit or loss Short term deposits Bank balances and cash Assels held for sale Total current assets 10 11 21 ) 8c) 12 b) 12 a) 31 17,633 18,181 1,067 2,592 3,000 11,093 11,453 65,009 11,470 19,078 654 1,872 14,147 11,179 14,822 12,179 8,392 2,592 3,000 9,475 4,650 55,110 8,840 12,487 6,719 1,872 14.147 9.632 58.400 53,897 Tolal assets 112,464 106,130 80,877 83,391 13 14 15 SHAREHOLDERS' EQUITY AND LIABILITIES Shareholders' equity Share capital Legal reserve General reserve Relained earings Fair value reserve Shareholders' Interest attributable to shareholders of the Parent Company Non-controlling interest Total sharehoklers' equity and non-controlling interest 15,750 6,467 2,500 51,569 105 15,750 6,351 2,500 53,335 105 15,750 5,250 2,500 52,651 105 15.750 5,250 2,500 54,301 105 78,391 1,273 78,041 1.951 76,256 77,906 77 664 79,992 76,256 77.906 LIABILITIES Non-current liabilities Non-current portion of term loans Deferred taxation Employees' end of service benefits Non-current portion of lease liabilities Total non-current liabilities 17 19 25 ) 27 ) 16,697 810 914 3,979 22,400 14,162 860 980 497 422 462 447 66 975 16,002 919 Current liabilities Current portion of term loans Bank borrowings Trade and other payables Contract liabilities Current portion of loose liabilities Taxation Liabilities directly associated with assets held for sale Total current liabilities 17 18 20 47) 27 c) 19 31 1.725 802 4,730 95 1,862 95 1,173 1,513 4,126 258 66 1,428 3,826 12,390 2,164 204 11 1,267 2.784 2,609 10,136 3,646 4,566 Total liabilities 34,790 26,138 4,621 5,485 Total Shareholders' equity and liabilities 112,454 106,130 80,877 83,391 Not assets per share 16 ) 0.485 0.495 0.484 0.495 Note 2019 (12 months) R0 000 Group Parent Company 2018 2019 2018 (18 months) (12 months) (18 months) R0 000 R0 000 R0 000 (as (as restated- represented note 32) note 31) Continuing operations: INCOME Revenue from contract with customers Cost of sales Gross profit 4b) 22 86,887 (70,807) 16,080 119,456 (90,101) 29.355 77,225 (66,805) 10,420 106,690 (86,338) 20 352 EXPENSES Selling and distribution General and administration Profit from operations 23 24 (3,451) (4,916) 7.713 (4,578) 16,276) 18,501 (313) (2 666) 7,441 (349) (3,747) 16,258 (114) 335 26 8 a) 8b) 786 (820) 802 1,780 Investment, finance and other income (net) Share of results in subsidiaries Share of resuk in an associate and joint venture Profit before taxation Taxation Net profit for the year / period from continuing operations (426) 7,173 (1,464) (207) 18.629 (3,008) 19 7,407 (1,182) 18,838 (2.578) 5,709 15,621 6,225 16,260 31 (537) 702 Discontinuing operations: (Loss) / profit from discontinuing operations Net profit for the year / period Net profit for the year / period attributable to: Shareholders of the Parent Company Non-controlling interest in the subsidiary 5,172 16,323 6,225 16,260 6,225 16,260 6,225 (1,053) 5,172 16,429 (106 16,323 6,225 16 260 105 105 Other comprehensive income for the year / period: Fair value changes in investment at fair value through other comprehensive income Net profit and total comprehensive income for the year / period Net profit and total comprehensive income for the year / period attributable to: Shareholders of the Parent Company Non-controlling interest in the subsidiary 5,172 16,428 6,225 16.365 6,225 16,365 6,225 (1,053) 5,172 16,534 (106) 16,428 6,225 16,365 Group Parent Company 2019 2018 2019 2018 RO 000 R0 000 RO '000 R0 000 (12 months) (18 months) (12 months) (18 months) CASH FLOWS FROM OPERATING ACTIVITIES 2,659 (2,724) 20,594 (1,973) 2,205 (2,559) 14,049 (1,846 (65) 18 621 (354) 12.203 (6,292) (24) (12,599) (1,496) (1,706) 29 64 (167) 11,147 19 (1,335) 11,147 18 (102) 6,394 8,394 (680) 332 274 767 (679) (568) 371 96 274 111 (615) 111 96 111 3,948 16.295) 8,083 5.756 Cash generated from operations (note 28) Taxation Net cash (used in) / generated from operating activities CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property, plant and equipment Purchase of intangible assets Proceeds from disposal of property, plant and equipment Investment in subsidiaries and associates of Al Maturity of short term deposits Movement in investments at fair value through profit or loss (net) Net interest (expense) /income Net movement in non-controlling interest Dividend income Net cash generated from / (used in) investing activities CASH FLOWS FROM FINANCING ACTIVITIES Lease liability paid Net movement in term loans Dividend payment Net cash used in financing activities Net increase / decrease) in cash and cash equivalents during the year / period Cash and cash equivalents at the beginning of the year / period Cash and cash equivalents at the end of the year / period Cash and cash equivalents at the end of the year/period comprise of: Bank balances and cash Bank borrowings (note 18) (11) (283) 4,987 (7 875) (3,171) 4,102 (15,750) (11.648) (7,875) (7,886) (15,750 (15.750) 712 678 (157) 2,209 10,377 9,699 9,632 7,423 11,089 10,377 9,475 9.632 9,475 9.632 11,352 (263) 11,089 11,179 (802) 10,377 9,475 9.632 Note 2019 R0 4000 Group 2018 R0 000 (as restated- note 32) Parent Company 2019 2018 RO 4040 RO 'q0D (as restated note 32) 40,722 37 43,194 37 12,585 37 12,452 37 5 6 7 8 a) 8b) 173 154 12,715 ASSETS Non-current assets Property, plant and equipment Investment property Intangible assets Investment in subsidiaries Investment in associates and a joint venture Investments at fair value through other comprehensive income Biological assets Right-of-use assets Total non-curront assets 16,850 2,306 2,565 355 355 355 8 c) 9 27b) 355 1,425 3,852 47,445 75 25,767 47 730 29,694 Current assets Inventories Trade and other receivables Due from the subsidiaries and related parties Investments at fair value through profit or loss Short term deposits Bank balances and cash Assels held for sale Total current assets 10 11 21 ) 8c) 12 b) 12 a) 31 17,633 18,181 1,067 2,592 3,000 11,093 11,453 65,009 11,470 19,078 654 1,872 14,147 11,179 14,822 12,179 8,392 2,592 3,000 9,475 4,650 55,110 8,840 12,487 6,719 1,872 14.147 9.632 58.400 53,897 Tolal assets 112,464 106,130 80,877 83,391 13 14 15 SHAREHOLDERS' EQUITY AND LIABILITIES Shareholders' equity Share capital Legal reserve General reserve Relained earings Fair value reserve Shareholders' Interest attributable to shareholders of the Parent Company Non-controlling interest Total sharehoklers' equity and non-controlling interest 15,750 6,467 2,500 51,569 105 15,750 6,351 2,500 53,335 105 15,750 5,250 2,500 52,651 105 15.750 5,250 2,500 54,301 105 78,391 1,273 78,041 1.951 76,256 77,906 77 664 79,992 76,256 77.906 LIABILITIES Non-current liabilities Non-current portion of term loans Deferred taxation Employees' end of service benefits Non-current portion of lease liabilities Total non-current liabilities 17 19 25 ) 27 ) 16,697 810 914 3,979 22,400 14,162 860 980 497 422 462 447 66 975 16,002 919 Current liabilities Current portion of term loans Bank borrowings Trade and other payables Contract liabilities Current portion of loose liabilities Taxation Liabilities directly associated with assets held for sale Total current liabilities 17 18 20 47) 27 c) 19 31 1.725 802 4,730 95 1,862 95 1,173 1,513 4,126 258 66 1,428 3,826 12,390 2,164 204 11 1,267 2.784 2,609 10,136 3,646 4,566 Total liabilities 34,790 26,138 4,621 5,485 Total Shareholders' equity and liabilities 112,454 106,130 80,877 83,391 Not assets per share 16 ) 0.485 0.495 0.484 0.495 Note 2019 (12 months) R0 000 Group Parent Company 2018 2019 2018 (18 months) (12 months) (18 months) R0 000 R0 000 R0 000 (as (as restated- represented note 32) note 31) Continuing operations: INCOME Revenue from contract with customers Cost of sales Gross profit 4b) 22 86,887 (70,807) 16,080 119,456 (90,101) 29.355 77,225 (66,805) 10,420 106,690 (86,338) 20 352 EXPENSES Selling and distribution General and administration Profit from operations 23 24 (3,451) (4,916) 7.713 (4,578) 16,276) 18,501 (313) (2 666) 7,441 (349) (3,747) 16,258 (114) 335 26 8 a) 8b) 786 (820) 802 1,780 Investment, finance and other income (net) Share of results in subsidiaries Share of resuk in an associate and joint venture Profit before taxation Taxation Net profit for the year / period from continuing operations (426) 7,173 (1,464) (207) 18.629 (3,008) 19 7,407 (1,182) 18,838 (2.578) 5,709 15,621 6,225 16,260 31 (537) 702 Discontinuing operations: (Loss) / profit from discontinuing operations Net profit for the year / period Net profit for the year / period attributable to: Shareholders of the Parent Company Non-controlling interest in the subsidiary 5,172 16,323 6,225 16,260 6,225 16,260 6,225 (1,053) 5,172 16,429 (106 16,323 6,225 16 260 105 105 Other comprehensive income for the year / period: Fair value changes in investment at fair value through other comprehensive income Net profit and total comprehensive income for the year / period Net profit and total comprehensive income for the year / period attributable to: Shareholders of the Parent Company Non-controlling interest in the subsidiary 5,172 16,428 6,225 16.365 6,225 16,365 6,225 (1,053) 5,172 16,534 (106) 16,428 6,225 16,365 Group Parent Company 2019 2018 2019 2018 RO 000 R0 000 RO '000 R0 000 (12 months) (18 months) (12 months) (18 months) CASH FLOWS FROM OPERATING ACTIVITIES 2,659 (2,724) 20,594 (1,973) 2,205 (2,559) 14,049 (1,846 (65) 18 621 (354) 12.203 (6,292) (24) (12,599) (1,496) (1,706) 29 64 (167) 11,147 19 (1,335) 11,147 18 (102) 6,394 8,394 (680) 332 274 767 (679) (568) 371 96 274 111 (615) 111 96 111 3,948 16.295) 8,083 5.756 Cash generated from operations (note 28) Taxation Net cash (used in) / generated from operating activities CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property, plant and equipment Purchase of intangible assets Proceeds from disposal of property, plant and equipment Investment in subsidiaries and associates of Al Maturity of short term deposits Movement in investments at fair value through profit or loss (net) Net interest (expense) /income Net movement in non-controlling interest Dividend income Net cash generated from / (used in) investing activities CASH FLOWS FROM FINANCING ACTIVITIES Lease liability paid Net movement in term loans Dividend payment Net cash used in financing activities Net increase / decrease) in cash and cash equivalents during the year / period Cash and cash equivalents at the beginning of the year / period Cash and cash equivalents at the end of the year / period Cash and cash equivalents at the end of the year/period comprise of: Bank balances and cash Bank borrowings (note 18) (11) (283) 4,987 (7 875) (3,171) 4,102 (15,750) (11.648) (7,875) (7,886) (15,750 (15.750) 712 678 (157) 2,209 10,377 9,699 9,632 7,423 11,089 10,377 9,475 9.632 9,475 9.632 11,352 (263) 11,089 11,179 (802) 10,377 9,475 9.632