| 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 |
