Company statement of cash flows

For the year ended 31 May 2012

[XLS - 27KB]


	Note	2012 R’000	2011 R’000

Cash flows from operating activities	18	48 913	1 834
Finance income	16	2 968	9 116
Finance costs	16	(36)	(121)
Taxation paid	19	(10 950)	(8 455)
Dividends received		4 798	631
Net cash flows from operating activities		45 693	3 005
Cash flows from investing activities
Acquisition of property, plant and equipment	3	(614)	(15 027)
Proceeds on sale of property, plant and equipment		—	310
Acquisition of intangible assets	4	(249)	(807)
Loans repaid by subsidiaries		522 039	139 081
Loans advanced to subsidiaries		(28 298)	(23 334)
Proceeds on sale of subsidiary		3 907	—
Acquisition of investment in joint venture		—	(1)
Loans granted to associate and joint venture		(27 572)	(112)
Net cash flows from investing activities		469 213	100 110
Cash flows from financing activities
Dividends paid		(107 044)	(91 457)
Acquisition of shares		(392 378)	—
Treasury shares acquired		(16 095)	(8 790)
Net cash flows from financing activities		(515 517)	(100 247)
Decrease in cash and cash equivalents		(611)	2 868
Cash and cash equivalents at the beginning of the period		1 811	(1 057)
Cash and cash equivalents at the end of the period	9	1 200	1 811