Annual Integrated Report 2019

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”. 90 / Bid Corporation Limited Annual integrated report 2019