Consolidated statement of cash flows
for the year ended June 30 | Note | 2019 R’000 |
2018 R’000 Re-presented |
||||
---|---|---|---|---|---|---|---|
Cash flows from operating activities | 2 332 967 | 2 620 857 | |||||
Cash generated by continuing operations# | 4.4 | 6 580 935 | 5 984 381 | ||||
Finance income received | 10.2 | 103 797 | 80 745 | ||||
Finance charges paid | 10.2 | (366 610) | (294 188) | ||||
Taxation paid | 5.3 | (1 423 951) | (1 423 711) | ||||
Dividends paid | 12.2 | (1 978 885) | (1 777 643) | ||||
Net operating cash flows from discontinued operations | 13 | (582 319) | 51 273 | ||||
Cash effects from investment activities | (3 739 498) | (3 296 945) | |||||
Additions to property, plant and equipment | 7.1 | (2 957 607) | (2 315 516) | ||||
Additions to intangible assets | 7.2 | (156 023) | (123 872) | ||||
Proceeds on disposal of property, plant and equipment | 271 349 | 292 005 | |||||
Proceeds on disposal of intangible assets | 3 | 5 775 | |||||
Acquisition of businesses and subsidiaries | 8.1 | (448 640) | (965 611) | ||||
Proceeds on disposal of interests in subsidiary | 8.2 | – | 16 946 | ||||
Investment in jointly-controlled entity | 9.3 | (51 017) | – | ||||
Receipts from (payments) to associates | 70 409 | (11 643) | |||||
Proceeds on disposal of investments | 33 202 | 26 902 | |||||
Investments acquired | (79 166) | (45 575) | |||||
Payments made to puttable non-controlling interests# | 10.4 | (74 428) | (74 782) | ||||
Payments made to vendors for acquisition# | (297 443) | (85 255) | |||||
Net investing activities from discontinued operations | 13 | (50 137) | (16 319) | ||||
Cash effects from financing activities | 856 149 | 675 599 | |||||
Treasury shares purchased during the year# | 12.1 | (6 306) | – | ||||
Borrowings raised | 10.3 | 5 135 168 | 5 381 256 | ||||
Borrowings repaid | 10.3 | (4 232 742) | (4 711 152) | ||||
(Payments to) receipts from non-controlling interests | (39 971) | 5 495 | |||||
Net decrease in cash and cash equivalents | (550 382) | (489) | |||||
Cash and cash equivalents at beginning of year | 6 643 149 | 6 348 049 | |||||
Effects of exchange rate fluctuations on cash and cash equivalents | (34 498) | 295 589 | |||||
Cash and cash equivalents at end of year | 6 058 269 | 6 643 149 | |||||
Cash and cash equivalents comprise | |||||||
Cash and cash equivalents for continuing operations | 5 775 863 | 5 927 352 | |||||
Cash and cash equivalents for discontinued operations | 282 406 | 715 797 | |||||
6 058 269 | 6 643 149 | ||||||
# Refer to note 1 – “Basis of preparation”.