Company statement of cash flows
for the year ended 30 September 2010
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2010 |
|
2009 |
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Notes |
|
R'000 |
|
R'000 |
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CASH FLOWS FROM OPERATING ACTIVITIES |
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|
|
|
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Cash generated from operations |
12 |
|
517 443 |
|
432 313 |
|
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Tax paid |
|
|
– |
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– |
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Net cash generated from operating activities |
|
|
517 443 |
|
432 313 |
|
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CASH FLOWS FROM INVESTING ACTIVITIES |
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|
|
|
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Loans (granted)/received to subsidiary |
|
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(452 774) |
|
262 440 |
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Net cash utilised from investing activities |
|
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(452 774) |
|
262 440 |
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CASH FLOWS FROM FINANCING ACTIVITIES |
|
|
|
|
|
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Repayment of shareholders’ loans |
|
|
– |
|
(312 577) |
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Issue of shares |
|
|
4 736 006 |
|
– |
|
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Share repurchase |
|
|
(4 268 017) |
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(99 944) |
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Preference shares redeemed |
|
|
– |
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(23 633) |
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Preference dividend paid |
|
|
– |
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(1 549) |
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Ordinary dividend paid |
|
|
(532 658) |
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(257 050) |
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Net cash utilised from financing activities |
|
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(64 669) |
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(694 753) |
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Net increase/(decrease) in cash and cash equivalents |
|
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– |
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– |
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Cash and cash equivalents beginning of the year |
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– |
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– |
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Cash and cash equivalents – end of the year |
|
|
– |
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– |
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