Adcock Ingram Integrated Report 2018

Notes to the Group annual financial statements continued 97 ADCOCK INGRAM  Integrated Report 2018 26 NOTES TO THE STATEMENTS OF CASH FLOWS (continued) 2018 2017 R’000 R’000 26.5 NET CASHFLOW ON ACQUISITION OF BUSINESSES Inventories 87 003 16 485 Trade and other receivables 89 383 5 288 Property, plant and equipment 18 291 2 880 Marketing-related intangible assets 121 385 462 Taxation receivable 1 579 94 Trade and other payables (99 602) (11 015) Cash and cash equivalents/(bank overdraft) 9 082 (2 275) Short-term borrowings (24 297) (1 198) Long-term borrowings – (920) Deferred tax (27 622) 204 Provisions (2 255) – Fair value of net assets 172 947 10 005 Goodwill arising on acquisition 163 758 5 595 Deferred consideration – (8 000) Consideration paid 336 705 7 600 Net (cash)/bank overdraft acquired with the business (9 082) 2 275 Cash outflow on business combination 327 623 9 875 26.6 FINANCE INCOME RECEIVED Finance income – continuing operations 18 270 15 665 – discontinued operations – 1 273 18 270 16 938 Less movement in receivable (907) – 17 363 16 938 26.7 FINANCE COSTS PAID Finance costs – continuing operations (26 187) (38 239) – discontinued operations – (2 014) (26 187) (40 253) Add/(Less) movement in accrual 582 (1 359) (25 605) (41 612) 26.8 DIVIDEND INCOME RECEIVED Dividend income (note 3) 4 340 5 979 Dividend received from joint ventures 25 760 15 389 30 100 21 368