Senwes Interim Results 2022/2023 | Page 15

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
2022 Unaudited
R ’ m
6 MONTHS ENDED
31 OCTOBER
2021 * Unaudited
R ’ m
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
12 MONTHS ENDED
30 APRIL
2022 Audited
R ’ m
Cash from operating activities
918
659
1 302
Dividends received
3
2
-
Tax paid
( 98 )
( 70 )
( 182 )
Finance income received from the non-lending business
47
19
38
Finance costs paid on the non-lending business
( 110 )
( 59 )
( 93 )
Dividends paid
( 164 )
( 111 )
( 178 )
Changes in operating capital
33
( 881 )
( 800 )
Net cash flows from /( used in ) operating activities
629
( 441 )
87
Net cash flows used in investment activities
( 534 )
( 43 )
( 219 )
Net cash flows before financing activities
95
( 484 )
( 132 )
Net cash ( used in )/ from financing activities
( 64 )
904
585
Net increase in cash and cash equivalents
31
420
453
Cash and cash equivalents - beginning of the period
( 2 ) ( 455 ) ( 455 ) Cash and cash equivalents - end of the period 29 ( 35 ) ( 2 )
* During the prior year ( 30 April 2022 ), the group adjusted its presentation of other operating income , as well as other statement of comprehensive income and cash flows used in operating activities line items . This constituted a reclassification of amounts to ensure improved presentation and comparability . The impact of this voluntary change in presentation on the consolidated financial statements is limited to the statement of comprehensive income and the statement of cash flows , and consequently adjusted in the 31 October 2021 comparative figures as disclosed in these interim results .
Issued capital and share premium
R ’ m
Treasury shares
R ’ m
Retained earnings
R ’ m
Other reserves
R ’ m
Noncontrolling interest R ’ m
GROUP
Balance as at 30 April 2022
( audited )
68
( 129 )
3 366
11
424
3 740
Profit for the year
-
-
392
-
40
432
Other comprehensive income
-
-
-
( 5 )
-
( 5 )
Dividends
-
-
( 160 )
-
( 5 )
( 165 )
Change in ownership of subsidiary
-
-
-
( 7 )
( 20 )
( 27 )
Acquisition of subsidiary
-
-
-
-
17
17
Equity-settled share-based payment scheme - Vesting
-
23
( 3 )
( 20 )
-
-
Net treasury shares purchased
-
( 4 )
2
-
-
( 2 )
Equity-settled share-based payment scheme - Expense
-
( 4 )
-
8
-
4
Balance as at 31 October 2022
( unaudited )
68
( 114 )
3 597
( 13 )
456
3 994
Balance as at 30 April 2021
( audited )
68
( 98 )
2 938
29
376
3 313
Prior period adjustment
-
-
( 5 )
-
-
( 5 )
Profit for the period
-
-
302
-
15
317
Dividends paid
-
-
( 105 )
-
( 6 )
( 111 )
Change in ownership of subsidiaries
-
-
-
( 4 )
( 7 )
( 11 )
Net treasury shares purchased
-
( 3 )
-
-
-
( 3 )
Equity-settled share-based payment scheme - vesting
-
21
( 4 )
( 17 )
-
-
Equity-settled share-based payment scheme - expense
-
-
-
7
-
7
Balance as at 31 October 2021
( unaudited )
68
( 80 )
3 126
15
378
3 507
Total R ’ m
SENWES INTERIM RESULTS OCTOBER 2022
15