Separate statement of cash flows
| for the year ended June 30 | 2019 R’000 |
2018 R’000 |
|||
| Cash flows from operating activities | 1 645 | 23 153 | |||
|---|---|---|---|---|---|
| Cash utilised by operations | (21 109) | (20 048) | |||
| Finance income | 5 424 | 4 375 | |||
| Taxation paid | (2 290) | (8 894) | |||
| Dividends received | 1 998 504 | 1 825 363 | |||
| Dividends paid | (1 978 884) | (1 777 643) | |||
| Cash effects from financing activities | |||||
| Increase in amounts owing by subsidiaries | (509) | (462) | |||
| Net increase in cash and cash equivalents | 1 136 | 22 691 | |||
| Cash and cash equivalents at beginning of year | 31 349 | 8 658 | |||
| Cash and cash equivalents at end of year | 32 485 | 31 349 | |||