Financial statements

Consolidated statement of cash flows

for the year ended June 30  Note  2018 
R’000 		 2017 
R’000 		   
Cash flows from operating activities  2 427 578  2 254 867    
   Cash generated by continuing operations  4.4  5 780 241  5 698 847    
   Finance income received  10.2  80 785  96 752    
   Finance charges paid  10.2  (296 437) (294 364)   
   Taxation paid  5.3  (1 395 595) (1 341 242)   
   Dividends paid  12.2  (1 777 643) (1 646 835)   
   Net operating cash flows from discontinued operation  13  36 227  (258 291)   
Cash effects of investment activities  (3 136 908) (2 230 046)   
   Advances to associates and increases in shareholding of associates  (11 643) (80 575)   
   Proceeds on disposal of investments  26 902  680 235    
   Investments acquired  (45 575) (9 858)   
   Additions to property, plant and equipment  (2 319 586) (2 140 958)   
   Additions to intangible assets  (123 917) (113 046)   
   Proceeds on disposal of property, plant and equipment  292 292  323 042    
   Proceeds on disposal of intangible assets  5 775  11 848    
   Acquisition of businesses and subsidiaries  8.1  (965 611) (1 315 161)   
   Proceeds on disposal of interests in subsidiaries and associate  8.2  16 946  429 811    
   Net investing activities from discontinued operation  13  (12 491) (15 384)   
Cash effects of financing activities  708 841  1 471 746    
   Proceeds on disposal of treasury shares  193 279  154 544    
   Borrowings raised  10.3  5 381 256  5 499 736    
   Borrowings repaid  10.3  (4 711 152) (4 086 098)   
   Payments to puttable non-controlling interests and vendors for acquisition  (160 037) (39 927)   
   Receipts from (payments to) non-controlling interests  5 495  (56 509)   
Net (decrease) increase in cash and cash equivalents  (489) 1 496 567    
   Cash and cash equivalents at beginning of year  6 348 049  5 505 509    
   Effects of exchange rate fluctuations on cash and cash equivalents  295 589  (654 027)   
Cash and cash equivalents at end of year  6 643 149  6 348 049    
Cash and cash equivalents comprise 
   Cash and cash equivalents for continuing operations  5 964 802  6 497 938    
   Cash and cash equivalents for discontinued operation  678 347  (149 889)   
6 643 149  6 348 049