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 | |||