Downloads | | ◄ Commentary Value added statement Exchanges with government Directors’ responsibility for the  financial statements Declaration by company secretary Independent auditors’ report Directors’ report Accounting policies Consolidated income statement Consolidated statement of  recognised income and expenses Consolidated cash flow statement Consolidated balance sheet Notes to the consolidated  financial statements Company income statement Company cash flow statement Company balance sheet Notes to the Company  financial statements Interest in subsidiaries, joint  ventures and associates   Company cash flow statement   for the year ended June 30     Note   2007  R000      2006  R000  Cash outflow from operating activities     (238 806)     (73 280) Cash generated by operations 3   1 087 468      996 167  Taxation refund received (taxation paid) 4   (246)     4 576  Refunds of share premium to shareholders in lieu of dividends     (1 326 028)     (1 074 023) Cash effects of investment activities     (279 529)     (128 201) Decrease (increase) in advances to subsidiaries     (230 937)     556 985  Increase in advances to associates     –      (20 095) Acquisitions of subsidiaries and associates 5   (67 262)     (672 783) Proceeds on disposals of subsidiaries and associates 6   18 670      7 692  Cash effects of financing activities             Proceeds from share issues     494 094      180 274  Net decrease in cash and cash equivalents     (24 241)     (21 207) Cash and cash equivalents at beginning of year     64 371      85 578  Cash and cash equivalents at end of year     40 130      64 371  Top ▲