 |
|
2006
Rm |
2005
Rm |
| 51. |
Cash generated from
trading operations |
|
|
| |
Profit before taxation |
295 |
657 |
| |
Cash items: |
|
|
| |
Cash from direct marketing entity
in run-off |
(41) |
(68) |
| |
Dividends received from associates |
13 |
6 |
| |
Non-cash items: |
|
|
| |
Financial effects of accounting
for policyholder investments as treasury shares |
81 |
30 |
| |
Net fair value gain (offset
by taxation expense attributable to policyholders) |
(18) |
(9) |
| |
Share of net profits of associates |
(17) |
(5) |
| |
Exceptional gains and losses
(non-cash component) |
466 |
70 |
| |
Depreciation of property and
equipment |
87 |
100 |
| |
Amortisation of purchased and
developed computer software |
26 |
22 |
| |
Amortisation of other intangible
assets |
5 |
3 |
| |
Impairment charges and other
capital gains and losses |
19 |
21 |
| |
Share option costs |
8 |
29 |
| |
Income statement charge for
retirement benefit obligations |
25 |
42 |
| |
IFRS adjustments relating to
employee benefits, revenue recognition and operating
leases |
18 |
25 |
| |
Premium accrual on the exchangeable
bonds |
—
|
13 |
| |
Movement in provisions and
other non-cash items |
(9) |
(5) |
| |
|
958 |
931 |
