Company statement of cash flows

for the year ended June 30

	Note	2016 R’000	2015 R’000
Cash flows from operating activities		741 726	749 932
Cash (utilised) generated by operations	6	(3 805)	349
Finance income		2 437	375
Finance charges		(2 251)	–
Taxation paid	7	(4 426)	(1 043)
Dividends received		1 036 584	750 251
Dividends paid		(286 813)	–
Cash flows from investment activities		3 613	(1 500)
Increase in investment of subsidiaries		(4 199)	(1 500)
Proceeds on disposal of interests in subsidiaries		7 812	–
Cash flows from financing activities		(740 452)	(748 432)
Movement in amounts to subsidiaries		3 746	(801)
Other payables repaid	5	(744 198)	(747 631)

Net increase in cash and cash equivalents		4 887	–
Cash and cash equivalents at beginning of year		–	–
Cash and cash equivalents at end of year		4 887	–