Consolidated statement of cash flows
for the year ended June 30
| Note | 2017 R’000 |
2016 R’000 |
|||||
| Cash flows from operating activities | 2 254 867 | 4 740 623 | |||||
|---|---|---|---|---|---|---|---|
| Cash generated by operations | 7 | 5 446 111 | 6 642 467 | ||||
| Finance income received | 4 | 96 763 | 66 846 | ||||
| Finance charges paid | 8 | (297 821) | (267 379) | ||||
| Taxation paid | 9 | (1 343 351) | (1 150 888) | ||||
| Dividends paid | 10 | (1 646 835) | (550 423) | ||||
| Cash effects of investment activities | (2 230 046) | (2 349 552) | |||||
| Amounts (advanced to) repaid by associates | (80 575) | 29 075 | |||||
| Proceeds on disposal of investments | 680 235 | 344 319 | |||||
| Investments acquired | (9 858) | (105 222) | |||||
| Additions to property, plant and equipment | (2 158 660) | (1 988 422) | |||||
| Additions to intangible assets | (117 679) | (123 906) | |||||
| Proceeds on disposal of property, plant and equipment | 323 111 | 87 180 | |||||
| Proceeds on disposal of intangible assets | 18 730 | - | |||||
| Acquisition of businesses, subsidiaries and associate | 11 | (1 315 161) | (720 637) | ||||
| Proceeds on disposal of interests in subsidiaries and associate | 12 | 429 811 | 128 061 | ||||
| Cash effects of financing activities | 1 471 746 | (808 142) | |||||
| Proceeds on disposal of treasury shares | 154 544 | 12 420 | |||||
| Borrowings raised | 5 499 736 | 4 363 215 | |||||
| Borrowings repaid | (4 126 025) | (5 183 777) | |||||
| Payments to non-controlling interests | (56 509) | - | |||||
| Net increase in cash and cash equivalents | 1 496 567 | 1 582 929 | |||||
| Cash and cash equivalents at beginning of year | 5 505 509 | 3 632 604 | |||||
| Effects of exchange rate fluctuations on cash and cash equivalents | (654 027) | 289 976 | |||||
| Cash and cash equivalents at end of year | 6 348 049 | 5 505 509 | |||||