Company cash flow statement
for the year ended 31 May 2009
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2009 |
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2008 |
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Note |
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R’000 |
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R’000 |
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Cash flows from operating activities |
16 |
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20 796 |
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(12 015) |
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Finance income |
14 |
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5 559 |
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3 706 |
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Finance costs |
14 |
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(120) |
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(11) |
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Taxation paid |
17 |
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(2 014) |
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— |
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Net cash flows from operating activities |
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24 221 |
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(8 320) |
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Cash flows from investing activities |
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Acquisition of property, plant and equipment |
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(2 988) |
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(1 244) |
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Disposal of property, plant and equipment |
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40 |
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— |
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Acquisition of intangible assets |
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(4 290) |
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(1 719) |
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Acquisition of investment in subsidiaries |
6 |
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(28 577) |
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(180 203) |
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Disposal of investment in subsidiaries |
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1 429 |
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— |
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Loans repaid by/(advanced to) subsidiaries |
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22 053 |
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(1 128 806) |
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Acquisition of investment in joint venture |
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(3 030) |
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— |
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Loans advanced to joint venture |
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(149) |
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— |
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Net cash flows from investing activities |
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(15 512) |
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(1 311 972) |
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Cash flows from financing activities |
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Proceeds from issue of shares |
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— |
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1 360 579 |
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Treasury shares acquired |
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(9 567) |
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— |
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Share issue costs |
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— |
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(39 724) |
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Net cash flows from financing activities |
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(9 567) |
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1 320 855 |
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(Decrease)/increase in cash and cash equivalents |
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(858) |
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563 |
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Cash and cash equivalents at the beginning of the period |
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563 |
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* |
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Cash and cash equivalents at the end of the period |
9 |
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(295) |
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563 |
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* Less than R1 000.
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