Consolidated statements of cash flows

 View as excel [XLS - 36KB]


      Audited


year ended
30 June
2015
R'000
  Reviewed
twelve-month
period
ended
30 June
2014
R'000
  Audited
nine-month
period
ended
30 June
2014
R'000
 
Cash flows from operating activities                
Operating profit/(loss)     344 658   (798 214)   (974 735)  
Non-cash items     379 892   1 277 267   1 165 275  
Operating profit before working capital changes     724 550   479 053   190 540  
Working capital changes     (126 423)   (80 960)   227 561  
Cash generated from operations     598 127   398 093   418 101  
Finance income, excluding receivable     14 409   23 440   17 287  
Finance costs, excluding accrual     (103 871)   (136 240)   (101 480)  
Dividend income     10 670   33 992   20 504  
Dividends paid     (4 537)   (152 311)   (6 746)  
Taxation paid     (87 312)   (137 662)   (36 869)  
Net cash inflow from operating activities     427 486   29 312   310 797  
Cash flows from investing activities                
Decrease in other financial assets     37 962   118    
Disposal of business     (2 663)      
Purchase of property, plant and equipment – Expansion   (23 560)   (35 727)   (12 278)  
  – Replacement   (56 304)   (128 122)   (83 187)  
Proceeds on disposal of property, plant and equipment     2 243   407   54  
Increase in loans receivable       (1 183)    
Net cash outflow from investing activities     (42 322)   (164 507)   (95 411)  
Cash flows from financing activities                
Acquisition of non-controlling interests in Ayrton Drug Manufacturing Limited     (132)   (243)   (241)  
Proceeds from issue of share capital     2 028   7 311   6 902  
Increase in borrowings     23 915   1 002 371   1 004 635  
Repayment of borrowings     (506 031)   (202 980)   (100 000)  
Purchase of treasury shares       (21 162)    
Share issue expenses incurred by subsidiary       (3 669)    
Net cash (outflow)/inflow from financing activities     (480 220)   781 628   911 296  
Net (decrease)/increase in cash and cash equivalents     (95 056)   646 433   1 126 682  
Net foreign exchange difference on cash and cash equivalents     9 986   3 023   11 958  
Cash and cash equivalents at beginning of year/period     (71 761)   (721 217)   (1 210 401)  
Cash and cash equivalents at end of year/period     (156 831)   (71 761)   (71 761)