Consolidated statement of cash flows for the year ended 30 June
| Notes | 2022 R'000 |
2021 R'000 |
|||
| Cash flows from operating activities | 5 587 689 | 9 743 707 | |||
|---|---|---|---|---|---|
| Cash generated by operations | 5.6 | 11 378 931 | 13 547 301 | ||
| Finance income | 10.1 | 114 034 | 41 166 | ||
| Finance charges | 10.1 | (1 502 398) | (1 452 812) | ||
| Taxation paid | 6.2 | (1 989 508) | (1 814 274) | ||
| Dividend income received | 86 718 | 97 767 | |||
| Distributions to shareholders | 13.2 | (2 500 088) | (1 068 734) | ||
| Net operating cash flows from discontinued operations | 14 | – | 393 293 | ||
| Cash flows from investment activities | (2 948 296) | (1 786 943) | |||
| Amounts advanced to associates | (56 712) | (61 954) | |||
| Proceeds on disposal of investments | 2 734 390 | 2 747 929 | |||
| Investments acquired | (2 351 949) | (2 364 541) | |||
| Additions to property, plant and equipment | (2 925 974) | (2 270 439) | |||
| Additions to intangible assets | (331 698) | (328 710) | |||
| Proceeds on disposal of property, plant and equipment | 255 453 | 353 537 | |||
| Proceeds on disposal of intangible assets | 65 | 4 555 | |||
| Acquisition of businesses, subsidiaries and associates | 9.2 | (557 807) | (1 508 717) | ||
| Proceeds on disposal of interests in subsidiaries and associates | 9.3 | 285 936 | 201 211 | ||
| Net investing activities from discontinued operations | 14 | – | 1 440 186 | ||
| Cash flows from financing activities | 2 029 927 | (7 083 290) | |||
| Transactions with non-controlling interests | (1 557) | (481 410) | |||
| Repayment of lease liabilities | 8.2 | (1 251 802) | (1 294 769) | ||
| Settlement of puttable non-controlling interest liabilities | 10.5 | (39 299) | – | ||
| Borrowings raised | 10.4 | 20 492 288 | 5 424 273 | ||
| Borrowings repaid | 10.4 | (17 169 703) | (10 372 402) | ||
| Net financing activities from discontinued operations | 14 | – | (358 982) | ||
| Net increase in cash and cash equivalents | 4 669 320 | 873 474 | |||
| Cash and cash equivalents at beginning of year | 5 818 129 | 5 343 865 | |||
| Effects of exchange rate fluctuations on cash and cash equivalents | (10 761) | (399 210) | |||
| Cash and cash equivalents at end of year | 10 476 688 | 5 818 129 | |||
| Cash and cash equivalents comprise | |||||
| Cash and cash equivalents – continuing operations | 10.2 | 11 521 461 | 7 438 073 | ||
| Bank overdrafts included in short-term portion of borrowings | 10.3 | (1 044 773) | (1 619 944) | ||
| 10 476 688 | 5 818 129 | ||||