Condensed consolidated statement of cash flows

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    Unaudited 
six months 
31 December 2019 
R'000 		   Unaudited 
six months 
31 December 2018 
R'000 		 Audited 
12 months 
30 June 2019 
R'000 		    
Cash flows utilitsed by operating activities    (83 067)   (147 832) (186 730)    
  Cash flows generated from operating activities before distributions    834 400    823 496  1 769 737     
    Cash generated from operations    1 094 000    1 054 372  2 149 932     
    Interest received    61 457    54 133  174 128     
    Interest paid    (321 057)   (282 721) (550 115)    
    Taxation paid    –    (2 288) (4 208)    
  Dividends paid    (917 467)   (971 328) (1 956 467)    
Cash flows from investing activities    467 997    75 414  567 235     
  Acquisition of and additions to investment property    (105 319)   (58 777) (95 064)    
  Additions to building appurtenances and tenant installations    (23 247)   (10 461) (45 051)    
  Proceeds on disposal of assets classified as held-for-sale    –    –  201 437     
  Repayments and advances of loans receivable    557 022    47 835  224 517     
  Dividends received    39 541    96 817  281 396     
Cash flows (applied to)/from financing activities    (1 266 295)   257 460  275 645     
  Loans repaid    (2 466 427)   (3 446) (1 414 851)    
  Loans raised    1 200 132    260 906  1 708 078     
  Purchase of Hyprop shares by Hyprop Share Scheme    –    –  (17 582)    
Net (decrease)/increase in cash and cash equivalents    (881 365)   185 042  656 150     
Cash and cash equivalents at the beginning of the period/year    1 285 337    715 493  715 493     
Effects of changes in exchange rates (FCTR)   (11 008)   587  (44 950)    
Cash and cash equivalents transferred from/ (to) non-current assets held-for-sale    16 665    –  (41 356)    
Cash and cash equivalents at the end of the period/year    409 629    901 122  1 285 337