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Hyprop Investments Limited
Integrated annual report and consolidated financial statements
2017
Consolidated statement of
cash flows
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