Senwes Integrated Reports Senwes 2018/2019 Integrated Report (b) | Page 68

THE PERFORMANCE
CONSOLIDATED STATEMENT OF CHANGE IN EQUITY
CONSOLIDATED STATEMENT OF CASH FLOWS
for the year ended 30 April 2019
Issued
share
Share
capital premium
R’m
R’m
11

GROUP
Share- Changes
based
in
Treasury payment
owner-
shares
reserve
ship
R’m
R’m
R’m
12.1

12.2

13.2

Fair
value
adjust- Retained
ments* earnings
R’m
R’m
12.4

Non-
con-
trolling
interest
R’m
12.3

for the year ended 30 April 2019
GROUP
Total
equity
R’m
3.3

1 67 (126) 41 (14) 6 1 995 19 1 989
Total comprehensive income - - - - - (1) 310 1 310
Profit for the year - - - - - - 310 1 311
Other comprehensive income - - - - - (1) - - (1)
Dividends - - - - - - (90) - (90)
Equity-settled share-based
payment scheme - Vesting - - 2 ( 5) - - - - (3)
Treasury shares purchased - - (44) - - - - - (44)
Equity-settled share-based
payment scheme - Expense - - - 17 - - - - 17
Balance as at 30 April 2018 1 67 (168) 53 (14) 5 2 215 20 2 179
Total comprehensive income - - - - - - 281 2 283
Profit for the year - - - - - - 281 2 283
Other comprehensive income - - - - - - - - -
Dividends - - - - - - (99) - (99)
Acquisition of subsidiary - - - - - - - 5 5
Change in ownership of joint
venture
-
-
-
- (14)
-
-
2019
R’m 2018
R’m Net cash flows from operating activities 139 286 28 56
Cash from operating activities 708 813 638 783
Finance costs paid
Balance as at 30 April 2017 - (14)
Equity-settled share-based
payment scheme - Vesting - - 8 (8) - - - - -
Equity-settled share-based
payment scheme - Expense - - - 9 - - - - 9
Balance as at 30 April 2019 1 67 (160) 54 (28) 5 2 397 27 2 363
COMPANY
2019
R’m
2018
R’m
(213) (223) (214) (224)
Tax paid (64) (86) (57) (81)
Dividends paid (99) (90) (103) (94)
Changes in working capital (193) (128) (236) (328)
Net cash flows used in investment activities (104) (256) (8) (75)
Purchase of property, plant and equipment (188) (141) (184) (127)
3 3 3 3
(25) - - -
Grant to Senwes Share Incentive Trust - - (2) (2)
Dividends received from investments in joint ventures 2 4 2 4
Proceeds from the disposal of property, plant and equipment
Acquisition of subsidiary
Additional loans received from related parties
14 55 39 30
Repayment of loans from related parties (11) (56) (11) (55)
Additional loans advanced to related parties (49) (124) (98) (156)
Repayment of loans to related parties 150 3 243 228
Net cash flows before financing activities 35 30 20 (19)
Net cash from financing activities (1) (47) - -
Treasury shares purchased (1) (47) - -
Net increase/(decrease) in cash and cash equivalents 34 (17) 20 (19)
Cash and cash equivalents at the beginning of the year (3) 14 (19) -
Cash and cash equivalents at the end of the year 31 (3) 1 (19)
*R2,7 million relates to fair value adjustment on Suidwes Holdings and R3 million to fair value adjustments on Molemi Sele Management.
COMPANY

Balance as at 30 April 2017 1 67 - 41 - 3 1 948 - 2 060
Total comprehensive income - - - - - - 248 - 248
Profit for the year - - - - - - 248 - 248
Other comprehensive income - - - - - - - - -
Dividends - - - - - - (94) - (94)
Equity-settled share-based pay-
ment scheme - Vesting - - - (5) - - - - ( 5)
Equity-settled share-based pay-
ment scheme - Expense - - - 17 - - - - 17
Balance as at 30 April 2018 1 67 - 53 - 3 2 102 - 2 226
Total comprehensive income - - - - - - 228 - 228
Profit for the year - - - - - - 228 - 228
Other comprehensive income - - - - - - - - -
Dividends - - - - (8) - - - (103) - (103)
Equity-settled share-based
payment scheme - Expense - - - 9 - - - - 9
Balance as at 30 April 2019 1 67 - 54 - 3 2 227 - 2 352
Equity-settled share-based
payment scheme - Vesting
66
-
-
SENWES INTEGRATED REPORT 2019
-
-
-
-
(8)
SENWES INTEGRATED REPORT 2019
67