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Unaudited interim results presentation (pdf) - Imperial

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Cash flow – investing activities<br />

Rm 2012 2011 % Change<br />

Net disposal/(acquisition)of subs and businesses 38 (77)<br />

Capital expenditure (1 128) (1 001) 13%<br />

Expansion (597) (346)<br />

Replacement (531) (655)<br />

Dividend received from Ukhamba - 387<br />

Net movement in associates and JVs (25) (37)<br />

Net movement in equities, loans and other (854) (173) 394%<br />

Total investing activities (1 969) (901) 118%<br />

» Net replacement and expansion capital expenditure excluding car rental vehicles was R127m higher<br />

» Increase in equities, loans and other due to Regent increasing its equity exposure<br />

46

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