Consolidated statement of cash flowsFOR THE YEAR ENDED 30 JUNE
| Notes | 2021 R'000 |
2020 R'000 |
||
| Cash flows from operating activities | 9 743 707 | 4 258 631 | ||
|---|---|---|---|---|
| Cash generated by operations | 5.6 | 13 547 301 | 9 055 797 | |
| Finance income | 10.2 | 41 166 | 63 688 | |
| Finance charges | 10.2 | (1 452 812) | (1 495 743) | |
| Taxation paid | 6.2 | (1 814 274) | (1 454 118) | |
| Dividend income received | 97 767 | 123 910 | ||
| Distributions to shareholders | 13.2 | (1 068 734) | (2 267 564) | |
| Net operating cash flows from discontinued operations | 14 | 393 293 | 232 661 | |
| Cash flows from of investment activities | (1 786 943) | (3 319 199) | ||
| Amounts advanced to associates | (61 954) | (58 632) | ||
| Proceeds on disposal of investments | 2 747 929 | 3 964 433 | ||
| Investments acquired | (2 364 541) | (4 258 585) | ||
| Additions to property, plant and equipment | (2 270 439) | (2 019 560) | ||
| Additions to intangible assets | (328 710) | (190 109) | ||
| Proceeds on disposal of property, plant and equipment | 353 537 | 341 509 | ||
| Proceeds on disposal of intangible assets | 4 555 | 48 699 | ||
| Cash and cash equivalents arising on consolidation of Adcock Ingram | – | 467 913 | ||
| Acquisition of businesses, subsidiaries and associates | 9.2 | (1 508 717) | (1 011 785) | |
| Proceeds on disposal of interests in subsidiaries and associates | 9.3 | 201 211 | 49 934 | |
| Net investing activities from discontinued operations | 14 | 1 440 186 | (653 016) | |
| Cash flows from financing activities | (7 083 290) | 2 041 278 | ||
| Part held subsidiary share buy-back from non-controlling interests | – | (154 056) | ||
| Transactions with non-controlling interests | (481 410) | (200 650) | ||
| Repayment of lease liabilities | 8.2 | (1 294 769) | (1 017 544) | |
| Settlement of puttable non-controlling interest liabilities | 10.5 | – | (57 050) | |
| Borrowings raised | 10.4 | 5 424 273 | 19 954 763 | |
| Borrowings repaid | 10.4 | (10 372 402) | (16 774 408) | |
| Net financing activities from discontinued operations | 14 | (358 982) | 290 223 | |
| Net increase in cash and cash equivalents | 873 474 | 2 980 710 | ||
| Cash and cash equivalents at beginning of year | 5 343 865 | 2 034 523 | ||
| Effects of exchange rate fluctuations on cash and cash equivalents | (399 210) | 328 632 | ||
| Cash and cash equivalents at end of year | 5 818 129 | 5 343 865 | ||
| Cash and cash equivalents comprise | ||||
| Cash and cash equivalents – continuing operations | 10.2 | 7 438 073 | 10 412 475 | |
| Cash and cash equivalents – discontinued operations | 14 | – | (746 561) | |
| Bank overdrafts included in short-term portion of borrowings | 10.2 | (1 619 944) | (4 322 049) | |
| 5 818 129 | 5 343 865 | |||