company statement of cash flows
for the year ended 30 June
Note | 2018 R'000 |
2017 R'000 |
|||||
Cash inflow from operating activities | 42 312 | 21 652 | |||||
---|---|---|---|---|---|---|---|
Cash generated by operations | 2 | 1 786 094 | 1 562 055 | ||||
Taxation paid | 3 | (431) | (898) | ||||
Dividends paid | (1 743 351) | (1 539 505) | |||||
Cash effects of investment activities | 7 323 | (93 749) | |||||
Decrease (Increase) in advances to subsidiaries | 8 350 | (19 379) | |||||
Acquisition of subsidiaries and associates | (1 027) | (37 983) | |||||
Proceeds on disposal of subsidiaries and associates | 4 | – | (36 387) | ||||
Cash effects of financing activities | 404 528 | – | |||||
Proceeds from issue of shares (net of costs) | 418 028 | – | |||||
Decrease in amounts owing to Group companies | (13 500) | – | |||||
Net increase (decrease) in cash and cash equivalents | 454 163 | (72 097) | |||||
Cash and cash equivalents at beginning of year | 17 349 | 89 446 | |||||
Cash and cash equivalents at end of year | 471 512 | 17 349 | |||||