Reconciliation of operating profit to cash generated by operations: |
|
|
|
Operating profit |
1 126 486 |
1 524 449 |
Adjustments for: |
|
|
Depreciation of property, plant and equipment |
72 464 |
64 703 |
Depreciation on leased assets |
30 793 |
29 341 |
Amortisation of intangible assets |
446 300 |
338 115 |
Fair value gain on financial instruments |
(47 497) |
(47 383) |
Fair value loss on financial instruments |
11 050 |
— |
Fair value gain on contingent consideration |
— |
(45 823) |
Impairment of property, plant and equipment |
12 145 |
3 580 |
Impairment of loans |
69 578 |
73 |
Impairment of inventory |
8 495 |
4 205 |
Loan forgiveness |
(2 778) |
— |
Brokerage income fee capitalised |
— |
(2 347) |
Fraud recoupment of assets still to be collected |
— |
(113 141) |
Fair value gain on surety receivable |
(32 743) |
(12 859) |
Lease modification income |
(86) |
(1 106) |
Lease incentive received |
5 018 |
— |
Loss on modification of financial instrument |
57 453 |
— |
Loss on dilution of joint venture |
— |
545 |
Profit on disposal of property, plant and equipment |
(1 919) |
(1 383) |
Financial guarantee release |
— |
(671) |
Equity compensation benefit expense |
40 012 |
32 278 |
Net unrealised forex profit |
(200) |
(364) |
Changes in working capital:
Increase in inventories |
(1 695 313) |
(181 183) |
Decrease/(increase) in trade and other receivables |
655 641 |
(846 727) |
Increase in trade and other payables |
37 640 |
45 525 |
(Increase)/decrease in advances to customers |
(589 663) |
144 750 |
|
202 876 |
934 577 |