Company statement of cash flow

for the year ended 30 June

  Notes   2019 
R’000 
    2018 
R’000 
 
Cash inflow from operating activities       85 754      42 312   
   Cash generated by operations  2    2 057 365      1 786 094   
   Taxation paid  3    (3 339)     (431)  
   Dividends paid       (1 968 272)     (1 743 351)  
Cash effects of investment activities       (553 151)     8 350   
   Decrease in advances to subsidiaries       280 000      8 350   
   Increase in advances to subsidiaries       (833 151)     –   
Cash effects of financing activities       (710 756)     403 501   
   Proceeds from issue of shares (net of costs)      301 589      418 028   
   Transactions with non-controlling interests       (757 645)     (1 027)  
   Decrease in amounts owing to Group companies       (254 700)     (13 500)  
Net increase (decrease) in cash and cash equivalents       (1 178 153)     454 163   
Cash and cash equivalents at beginning of year       471 512      17 349   
Cash and cash equivalents at end of year       (706 641)     471 512