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company statement of cash flows

for the year ended 31 August 2006
  2006   2005  
  R’000   R’000  
Cash effects of operating activities        
Cash generated by operations 105 025   141 967  
Tax paid (12 668)   (16 035)  
Cash inflow from operating activities before distributions 92 357   125 932  
Distributions paid to shareholders (108 144)   (123 640)  
Net cash effects of operating activities (15 787)   2 292  
Cash effects of investing activities        
Purchase of treasury shares from subsidiary company (282 785)    
Decrease/(increase) in loans receivable 224 178   (59 353)  
Net cash effects of investing activities (58 607)   (59 353)  
Cash effects of financing activities        
Proceeds from the issue of share capital 74 583   57 334  
Share issue expenses (189)   (273)  
Net cash effects of financing activities 74 394   57 061  
Net movement in cash and cash equivalents    
Cash and cash equivalents at the beginning of the year    
Cash and cash equivalents at the end of the year