Statements of cash flows
for the year ended 30 June 2020
| Group | Company | |||||||
| Note | June 2020 R'000 |
June 2019 R'000 |
June 2020 R'000 |
June 2019 R'000 |
||||
|---|---|---|---|---|---|---|---|---|
| Net cash flows from operating activities | 316 711 | (186 730) | 315 388 | (142 102) | ||||
| Cash generated from operations | N1 | 1 733 439 | 2 149 932 | 1 612 127 | 2 034 024 | |||
| Interest received | 84 961 | 174 128 | 57 128 | 77 152 | ||||
| Interest paid | (587 807) | (550 115) | (434 336) | (293 650) | ||||
| Taxation paid | N2.1 | 3 586 | (4 208) | – | – | |||
| Cash flows from operating activities before distributions | 1 234 179 | 1 769 737 | 1 234 919 | 1 817 526 | ||||
| Dividends paid | N2.3 | (917 468) | (1 956 467) | (919 531) | (1 959 628) | |||
| Net cash flows from investing activities | 509 127 | 567 235 | (491 400) | (1 159 509) | ||||
| Acquisition of and additions to investment property | E1.5 | (140 896) | (95 064) | (140 629) | (94 670) | |||
| Additions to property, plant and equipment | E2.3 | (83 695) | (45 051) | (71 379) | (43 457) | |||
| Proceeds on disposal of assets classified as held-for-sale | – | 201 437 | – | 201 437 | ||||
| Increase in investment in subsidiary | E4.4 | – | – | (398 020) | – | |||
| Increase in investment in joint venture | E5.5.1 | (1 730) | – | (1 730) | – | |||
| Advances of shareholder loans receivable | F1.5 | – | – | – | (1 486 633) | |||
| Loans receivable repaid | F1.5 | 669 396 | 224 517 | – | – | |||
| Loans receivable advanced | F1.5 | (70 856) | – | (16 550) | (17 582) | |||
| Dividends received | N2.2 | 136 908 | 281 396 | 136 908 | 281 396 | |||
| Net cash flows from financing activities | (1 248 006) | 275 645 | (160 038) | 1 708 078 | ||||
| Loans repaid | H1.3 | (2 469 969) | (1 414 851) | (1 408 020) | – | |||
| Loans raised | H1.3 | 1 247 982 | 1 708 078 | 1 247 982 | 1 708 078 | |||
| Purchase of Hyprop shares by Hyprop Share Scheme | G1.2 | (26 019) | (17 582) | – | – | |||
| Net (decrease)/increase in cash and cash equivalents | (422 168) | 656 150 | (336 050) | 406 467 | ||||
| Cash and cash equivalents at the beginning of the year | 1 285 337 | 715 493 | 1 062 412 | 655 789 | ||||
| Effects of changes in exchange rates | (28 137) | (44 950) | – | – | ||||
| Cash and cash equivalents transferred (to)/from assets classified as held-for-sale | (155) | (41 356) | – | 156 | ||||
| Cash and cash equivalents at the end of the year | F3.2 | 834 877 | 1 285 337 | 726 362 | 1 062 412 | |||