Company statements of cash flows
| Notes | 2016 R’000 |
2015 R’000 |
||||
| Cash flows from operating activities | ||||||
| Operating loss before working capital changes | L.1 | (354) | (266) | |||
| Cash utilised in operations | (354) | (266) | ||||
| Finance income | 49 490 | 65 247 | ||||
| Finance costs, excluding accrual | (42 420) | (59 577) | ||||
| Dividend income | A | 304 656 | – | |||
| Dividends paid, excluding accrual | (196 291) | (81) | ||||
| Taxation paid | L.2 | (2 651) | (2 771) | |||
| Net cash inflow from operating activities | 112 430 | 2 552 | ||||
| Cash flows from investing activities | ||||||
| Decrease in investments | L.3 | – | 345 | |||
| Net cash inflow from investing activities | – | 345 | ||||
| Cash flows from financing activities | ||||||
| Proceeds from issue of share capital | 190 | 2 028 | ||||
| Net increase in amounts owing to Group companies | 287 976 | 249 062 | ||||
| Net cash inflow from financing activities | 288 166 | 251 090 | ||||
| Net increase in cash and cash equivalents | 400 596 | 253 987 | ||||
| Cash and cash equivalents at beginning of year | (398 229) | (652 216) | ||||
| Cash and cash equivalents at end of year | E | 2 367 | (398 229) |