87 / 156
STATEMENTS OF CASH FLOWS
for the year ended 30 June 2015
Note
GROUP
Year to
June 2015
R000
GROUP
Year to
June 2014
R000
COMPANY
Year to
June 2015
R000
COMPANY
Year to
June 2014
R000
Cash flows from operating activities
97 774
218 169
85 847
180 848
Cash generated from operations
30.2
1 738 764
1 725 345
1 736 559
1 684 275
Interest received
105 084
65 645
10 328
19 678
Interest paid
(518 611)
(482 496)
(436 129)
(443 291)
Dividends paid
(639 034)
(3 321)
(639 034)
Distribution to Hyprop shareholders (2014: combined
unitholders)
30.3
(585 877)
(1 079 397)
(585 877)
(1 079 752)
Taxation paid
30.4
(2 552)
(7 607)
(62)
Cash applied to investing activities
667 056
(1 392 333)
447 193
(925 409)
Acquisition of and additions to investment property
2.2
(333 659)
(381 042)
(333 659)
(380 894)
Proceeds on disposal of investment property
2.2
3 783
8 789
3 783
8 789
Additions to building appurtenances and tenant installations
3
(42 718)
(13 541)
(42 505)
(20 051)
Proceeds on disposal of building appurtenances and tenant
installations
883
621
Proceeds on disposal of assets classified as held for sale
30.6
746 525
139 000
746 525
139 000
Proceeds on disposal of listed property securities
65 856
65 856
Acquisition of subsidiary
34.6
(735 757)
(747 769)
Proceeds on disposal of subsidiary
4.3
1 511 904
Equity loan advanced to subsidiary
(11 068)
Increase in investment in sub-Saharan Africa (excluding SA)
( 1 264 048)
(475 550)
Dividends received
30.5
19 153
26 498
Increase/(decrease) in loans receivable
44 386
(88)
53 275
(5 770)
Cash flows (applied to)/from financing activities
(752 410)
1 179 506
(530 691)
738 148
(Decrease)/increase in long-term and short-term loans
(634 386)
1 190 574
(530 691)
738 148
African Land share buy-back
(118 024)
Purchase of Hyprop shares
(long-term staff incentive
scheme (CUP))
17
(11 068)
Net increase/(decrease) in cash and cash equivalents
12 420
5 342
2 349
(6 413)
Cash and cash equivalents at beginning of year
77 353
74 821
61 257
70 625
Translation effects on cash and cash equivalents of foreign
entities
(5 296)
145
Cash and cash equivalents transferred to non-current assets
held for sale
(636)
(2 955)
(636)
(2 955)
Cash and cash equivalents at end of year
12
83 841
77 353
62 970
61 257
85
Hyprop Investments Limited
Integrated Report 2015