Company statement of cash flows

for the year ended June 30

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  Note   2014
R’000
    2013
R’000
 
Cash inflow (outflow) from operating activities     880 276     (687 844)  
   Cash generated by operations 2   2 669 719     1 498 271  
   Taxation paid 3   (3 778)     (3 400)  
   Dividends paid     (1 785 665)     (2 182 715)  
Cash effects of investment activities     (1 004 317)     697 747  
   Decrease (increase) in advances to subsidiaries     (135 697)     876 278  
   Decrease in advances to associates     10 260     8 779  
   Acquisition of subsidiaries and associates 4   (879 230)     (245 558)  
   Proceeds on disposal of subsidiaries, joint ventures and associates 5   350     58 248  
Cash effects of financing activities              
   Proceeds from share issues     55 872      
Net (decrease) increase in cash and cash equivalents     (68 169)     9 903  
Cash and cash equivalents at beginning of year     99 531     89 628  
Cash and cash equivalents at end of year     31 362     99 531  
Registered office South Africa
Bidvest House
18 Crescent Drive
Melrose Arch
Melrose
Johannesburg
2196
South Africa
 
Website: www.bidvest.com
Telephone: +27 (11) 772 8700
Email: info@bidvest.com

 
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