Financial statements
Separate statement of cash flows
for the year ended June 30 | Note | 2018 R'000 |
2017 R'000 |
||||
Cash flows from operating activities | 23 153 | 7 474 | |||||
---|---|---|---|---|---|---|---|
Cash utilised by operations | 7 | (20 048) | (481) | ||||
Finance income | 4 375 | 4 942 | |||||
Taxation paid | 8 | (8 894) | (392) | ||||
Dividends received | 1 825 363 | 1 650 240 | |||||
Dividends paid | (1 777 643) | (1 646 835) | |||||
Cash effects of financing activities | |||||||
Increase in amounts owing by subsidiaries | (462) | (3 703) | |||||
Net increase in cash and cash equivalents | 22 691 | 3 771 | |||||
Cash and cash equivalents at beginning of year | 8 658 | 4 887 | |||||
Cash and cash equivalents at end of year | 31 349 | 8 658 | |||||