| NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS l NOTE 18 |
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| |
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|
2014
R’000 |
|
2013
R’000 |
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| 18. |
CASH (UTILISED)/GENERATED BY OPERATIONS |
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|
|
|
|
| |
Reconciliation of operating loss to cash flows
from operating activities |
|
|
|
|
|
| |
Operating loss |
|
(30 273) |
|
(67 090) |
|
| |
Adjustments for: |
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|
|
|
|
| |
Dividends received |
|
(10 107) |
|
— |
|
| |
Depreciation of property, plant and equipment |
|
6 786 |
|
7 217 |
|
| |
Amortisation on intangible assets |
|
233 |
|
225 |
|
| |
Impairment of loans and investments |
|
30 136 |
|
61 323 |
|
| |
Profit on disposal of property, plant and equipment |
|
(23) |
|
(73) |
|
| |
Loss on disposal of subsidiaries |
|
— |
|
2 000 |
|
| |
Equity compensation benefit expense |
|
4 972 |
|
8 138 |
|
| |
Net unrealised foreign exchange profit |
|
(2 864) |
|
— |
|
| |
Changes in working capital: |
|
|
|
|
|
| |
Decrease/(increase) in trade and other receivables |
|
4 723 |
|
(5 858) |
|
| |
(Decrease)/increase in trade and other payables |
|
(21 552) |
|
2 706 |
|
| |
Increase in loans receivable |
|
— |
|
(62) |
|
| |
|
|
(17 969) |
|
8 526 |
|
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| NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS l NOTE 18 |
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