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Cash flow from operations

12 Months Ended

Jun. 30, 2025

Cash flow from operations

Cash flow from operations

27 Cash flow from operations

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​	​	​	​	​	​	​	​	​
​	​	​	​	2025	​	2024	​	2023
for the year ended 30 June		Note		Rm		Rm		Rm
Earnings/(loss) before interest and tax (EBIT/(LBIT))	​	​	​	18 819	​	(27 305)	​	21 520
Adjusted for				​		​
share of profits of equity accounted investments		​		(1 623)		(1 758)		(2 623)
equity-settled share-based payment		32		914		986		1 033
depreciation and amortisation		​	​	14 002		15 644		16 491
effect of remeasurement items		8		19 645		75 414		33 898
movement in long-term provisions		​	​	​		​		​
income statement charge		29		(2 807)		(651)		(718)
utilisation		29		(769)		(459)		(811)
movement in short-term provisions		​	​	87		280		(261)
movement in post-retirement benefits		​	​	272		373		381
translation effects	​	​	​	799	​	673	​	(1 821)
write-down of inventories to net realisable value		​	​	171		370		948
movement in financial assets and liabilities		​	​	(3 063)		(4 588)		(6 708)
movement in other receivables and payables		​	​	334		(1 119)		(5 205)
other non-cash movements1		​	​	(254)		(698)		463
​		​	​	46 527		57 162		56 587

1 Other non-cash movements include movements in deferred income, expected credit losses and long-term prepaid expenses.

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The entire disclosure for the cash flow from operations.

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