| Notes to company financial statements l Note 15 |
|
| |
|
|
|
2016
R’000 |
|
| 15 |
NOTES TO THE STATEMENT OF CASH FLOW |
|
|
|
|
|
|
| 15.1 |
Cash utilised in operations |
|
|
|
|
|
|
| |
Profit before taxation |
|
3 214 951 |
|
|
1 182 565 |
|
| |
Adjusted for: |
|
(3 782 679) |
|
|
(1 187 847) |
|
| |
– dividends received |
|
(3 125 085) |
|
|
(1 176 071) |
|
| |
– interest received |
|
(97 814) |
|
|
(64 870) |
|
| |
– impairment of available-for-sale listed investments |
|
927 |
|
|
30 344 |
|
| |
– other income |
|
(560 707) |
|
|
— |
|
| |
– finance costs |
|
— |
|
|
22 750 |
|
|
|
|
|
|
|
|
|
| |
|
|
(567 728) |
|
|
(5 282) |
|
| 15.2 |
Movements in working capital |
|
|
|
|
|
|
| |
Movement in other receivables |
|
(133 276) |
|
|
(186 193) |
|
| |
Movement in other payables (excluding escrow investment interest accrual) |
|
3 412 |
|
|
(13 686) |
|
| |
|
|
(129 864) |
|
|
(199 879) |
|
| 15.3 |
Taxation paid |
|
|
|
|
|
|
| |
Unpaid at beginning of year |
|
(1 489) |
|
|
(955) |
|
| |
Charged to the income statement |
|
(28 337) |
|
|
(8 113) |
|
| |
Movement in deferred taxation |
|
— |
|
|
(10 016) |
|
| |
Unpaid at end of year |
|
3 226 |
|
|
1 489 |
|
| |
|
|
(26 600) |
|
|
(17 595) |
|
| 15.4 |
Dividends paid |
|
|
|
|
|
|
| |
Unpaid at beginning of year |
|
(2 623) |
|
|
(2 451) |
|
| |
Declared during the year (refer note 14) |
|
(1 535 677) |
|
|
(698 035) |
|
| |
Unpaid at end of year |
|
3 112 |
|
|
2 623 |
|
| |
|
|
(1 535 188) |
|
|
(697 863) |
|
|
|
|
|
|
|
|
|
| Notes to company financial statements l Note 15 |
|
|