Consolidated statement of cash flows

Download (EXCEL)

for the year ended 30 June 2017

   Note     Year to 
June 2017 
R000 
   Year to 
June 2016 
R000 
  
Cash flows generated from/(utilised by) operating activities        319 908     (210 672)   
   Cash generated from operations  29     2 159 602     1 709 767    
   Interest received        266 423     191 515    
   Interest paid and capitalised        (441 049)    (692 192)   
   Dividends paid        (1 660 317)    (1 404 296)   
   Taxation paid  29     (4 751)    (15 466)   
Cash from/(applied to) investing activities        669 846     (1 716 759)   
   Acquisition of and additions to investment property  2     (123 721)    (108 481)   
   Additions to building appurtenances and tenant installations  3     (57 064)    (67 612)   
   Proceeds on disposal of assets classified as held-for-sale        874 233          
   Acquisition of subsidiary              (707 471)   
   Increase in investment in sub-Saharan Africa (excluding SA)       (109 506)    (884 113)   
   Dividends received        89 093          
   (Increase)/decrease in loans receivable        (3 189)    50 918    
Cash flows (applied to)/from financing activities        (44 833)    1 989 143    
   Loans repaid        (2 011 393)         
   Issue of shares  14     695 655          
   Loans raised        1 279 879     2 016 932    
   Purchase of Hyprop shares (long-term staff incentive scheme (CUP)) 14     (8 974)    (27 789)   
Net increase in cash and cash equivalents        944 921     61 712    
Cash and cash equivalents at beginning of year        198 957     83 841    
Cash (disposed)/acquired with subsidiary        (4 006)    48 964    
Translation effects on cash and cash equivalents of foreign entities        (12 336)    5 002    
Cash and cash equivalents transferred to non-current assets held-for-sale        (1 786)    (562)   
Cash and cash equivalents at end of year  12     1 125 750     198 957