Statements of cash flows
For the year ended 30 June
| Group | Company | ||||||
| Notes | 2011 R’000 |
2010 R’000 |
2011 R’000 |
2010 R’000 |
|||
| Cash flows from operating activities | (33 726) | 456 800 | 6 732 | 24 696 | |||
| Cash received from customers | 27 | 1 806 781 | 4 143 232 | — | — | ||
| Cash paid to suppliers and employees | 28 | (1 827 986) | (3 714 983) | — | — | ||
| Cash (utilised in)/generated from operations | 29 | (21 205) | 428 249 | — | — | ||
| Interest received | 26 011 | 35 428 | 4 493 | 2 690 | |||
| Interest paid | (51 435) | (109 478) | (230) | (5 789) | |||
| Investment income | 74 301 | 174 122 | 50 | 31 110 | |||
| Taxation (paid)/refunded | 31 | (61 398) | (71 521) | 2 419 | (3 315) | ||
| Cash flows from investing activities | 196 021 | 114 484 | 8 097 | (72 363) | |||
| Net (disposal)/acquisition of subsidiaries | 32 | (188 368) | 4 138 | 653 288 | — | ||
| Additions to property, plant and equipment and other intangible assets | (59 890) | (197 700) | (442) | (1 148) | |||
| Proceeds from disposal of property, plant and equipment | 6 485 | 6 415 | — | — | |||
| Proceeds from disposal of investments | 614 152 | 769 528 | — | — | |||
| Decrease in investments | (176 358) | (467 897) | (644 749) | (71 215) | |||
| Cash flows from financing activities | (624 519) | (514 693) | (14 790) | (30 008) | |||
| Decrease in non-current liabilities | (606 272) | (497 478) | — | — | |||
| (Decrease)/increase in current liabilities | (3 210) | 14 492 | — | — | |||
| Decrease in minority interest | (398) | (1 699) | — | — | |||
| Share issue costs | 151 | — | — | — | |||
| Preference dividends paid | (14 790) | (30 008) | (14 790) | (30 008) | |||
| Net (decrease)/increase in cash and cash equivalents | (462 224) | 56 591 | 39 | (77 675) | |||
| Cash and cash equivalents at the beginning of the year | 526 143 | 469 552 | 215 | 77 890 | |||
| Cash and cash equivalents at the end of the year | 9 | 63 919 | 526 143 | 254 | 215 | ||