| For the six months ended | Note | 30 November 2021 Unaudited R'000 |
30 November 2020 Unaudited R'000 |
|
| Cash flows from operating activities | ||||
| Cash generated by operations | 953 746 | 1 125 291 | ||
| Interest received | 35 542 | 27 530 | ||
| Interest paid | (68 384) | (67 013) | ||
| Taxation paid | (59 117) | (115 638) | ||
| Net cash generated from operating activities | 861 787 | 970 170 | ||
| Cash flows from investing activities | ||||
| Acquisition of intangible assets and property, plant and equipment* | (436 656) | (65 037) | ||
| Liquidity support granted | — | (331 000) | ||
| Loans repaid/(granted) | 295 | (17 361) | ||
| Loans granted to associates and joint ventures | (15 303) | (1 839) | ||
| Acquisition of shares in associate | (5 340) | — | ||
| Proceeds from disposal of joint venture | — | 190 555 | ||
| Other investing activities | 3 252 | 17 213 | ||
| Net cash utilised in investing activities | (453 752) | (207 469) | ||
| Cash flows from financing activities | ||||
| Borrowings raised | 6 | 157 250 | 5 010 | |
| Acquisition of treasury shares** | — | (44 064) | ||
| Settlement of financial guarantee | — | (62 047) | ||
| Principal element of lease payments | (18 894) | (31 317) | ||
| Dividends paid to non-controlling interest | (21 200) | (13 200) | ||
| Net cash generated from/(utilised in) financing activities | 117 156 | (145 618) | ||
| Net increase in cash and cash equivalents | 525 191 | 617 083 | ||
| Cash and cash equivalents at the beginning of the period | 2 417 207 | 2 014 725 | ||
| Cash and cash equivalents at the end of the period | 2 942 398 | 2 631 808 |
| * | Acquisitions of intangible assets in the current period include significant cash outflows of R385 million relating to the subscription income sharing arrangement that commenced during the 2021 financial year. |
| ** | Approximately 14.5 million shares were repurchased over the period 27 August 2020 to 31 August 2020 at a weighted average price of R3.06 per share. |