Notes | 2024 R’000 |
2023 R’000 |
|||
---|---|---|---|---|---|
Cash flows from operating activities | |||||
Cash received/(utilised) by operations | 18 | 11 972 | (2 335) | ||
Interest received | 16 | 1 822 | 432 | ||
Taxation received/(paid) | 44 | (44) | |||
Dividends received | 2 000 | 37 464 | |||
Net cash generated from operating activities | 15 838 | 35 517 | |||
Cash flows from investing activities | |||||
Loans to group companies repaid | 9 136 | 58 000 | |||
Loans advanced to group companies | (22 118) | (45 489) | |||
Net cash (utilised in)/generated by investing activities | (12 982) | 12 511 | |||
Cash flows from financing activities | |||||
Treasury shares acquired | 9 | — | (69 633) | ||
Shares sold to subsidiaries and associates | 1 277 | 30 365 | |||
Purchase of shares forfeited by subsidiaries and associates | (2 212) | (10 236) | |||
Net cash utilised in financing activities | (935) | (49 504) | |||
Net increase/(decrease) in cash and cash equivalents | 1 921 | (1 476) | |||
Cash and cash equivalents at the beginning of the year | 1 389 | 2 865 | |||
Cash and cash equivalents at the end of the year | 8 | 3 310 | 1 389 |
The notes, which include the accounting policies, form an integral part of the annual financial statements.