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 | ||||||