Summarised group statement of cash flows
For the year ended 31 May
View as excel [XLS - 41KB]
| 2016 R’000 |
2015 R’000 |
|||
|---|---|---|---|---|
| Cash generated by operations | 744 185 | 429 806 | ||
| Interest received | 42 082 | 15 995 | ||
| Interest paid | (48 207) | (67 811) | ||
| Taxation paid | (305 118) | (245 495) | ||
| Net cash generated from operating activities | 432 942 | 132 495 | ||
| Cash flows from investing activities | ||||
| Acquisition of intangible assets and property, plant and equipment | (127 131) | (178 684) | ||
| Acquisition of subsidiaries net of cash acquired | — | (157 460) | ||
| Disposal of subsidiary net of cash disposed | 13 219 | — | ||
| Proceeds on disposal of associate | — | 94 897 | ||
| Loans advanced to Blue Label Mexico* | — | (48 979) | ||
| Capital contribution to Blue Label Mexico | (42 654) | — | ||
| Capital contribution to Oxigen Services India | (159 425) | — | ||
| Equity loan granted to Lornanox | (58 883) | — | ||
| Loans granted | (27 306) | (10 315) | ||
| Loans granted to associates | (1 620) | (14 353) | ||
| Other investing activities | 7 467 | (13 857) | ||
| Net cash utilised in investing activities | (396 333) | (328 751) | ||
| Cash flows from financing activities | ||||
| Acquisition of treasury shares | (23 052) | (19 131) | ||
| Dividends paid to non-controlling interest | (4 000) | (4 874) | ||
| Dividends paid to equity holders of the parent | (209 098) | (182 117) | ||
| Other financing activities | — | 846 | ||
| Net cash utilised in financing activities | (236 150) | (205 276) | ||
| Net decrease in cash and cash equivalents | (199 541) | (401 532) | ||
| Cash and cash equivalents at the beginning of the year | 788 411 | 1 184 131 | ||
| Exchange gains on cash and cash equivalents | 157 | 5 812 | ||
| Cash and cash equivalents at the end of the year | 589 027 | 788 411 |
| * | These loans were subsequently capitalised. |