Statements of Cash Flow

For the year ended 31 March

  Group Company
       
  20182017 20182017
 NotesR’000R’000 R’000R’000
       
Cash flow from operating activities   422,785   219,257    77,648   89,114
Cash generated from/(utilised by) operating activities30  926,194   666,703    (604)  (591)
Interest received   139,521   104,815    13,311   13,112
Interest paid   (35,288)  (32,997)   (1,316)  (1,362)
Dividends received - financial investments   20,129   47,604    -     -  
Dividends received - equity accounted investees   98,396   75,664    -     -  
Dividends received - subsidiaries   -     -      420,013   431,808
Dividends paid   (574,098)  (508,939)   (350,402)  (350,402)
Taxation paid31  (152,069)  (133,593)   (3,354)  (3,451)
       
Cash flow from investing activities    (252,785)  (346,267)   -     -  
Acquisition of property, plant and equipment 11  (15,980)  (57,977)   -     -  
Acquisition of subsidiary company, net of cash acquired32  (18,451)  -      -     -  
Acquisition of interest in equity accounted investee company33.1  -     (12,301)   -     -  
Acquisition of financial investments    (89,224)  (87,581)   -     -  
Disposal of interest in equity accounted investee company33.2  -     20,000    -     -  
Disposal of interest in subsidiary company   (467)  -      -     -  
De-recognition on loss of control of Hedge Fund   (100,624)  (679,830)   -     -  
De-recognition on unbundling of Sandown Capital Limited 12.2  (174,479)  -      -     -  
Loans advanced to equity accounted investees    (312)  (320)   -     -  
Settlement of loans advanced to equity accounted investees   300   264    -     -  
Proceeds on sale of intangible assets13  -     10,451    -     -  
Proceeds on sale of property, plant and equipment    153   398    -     -  
Proceeds on sale of financial investments    146,299   460,629    -     -  
       
Cash flow from financing activities                                                                    (241,339)  311,117    (77,735)  (89,201)
Shares repurchased    (105,425)  (82,918)   -     -  
Disposal of participating treasury shares23  117,273   107,070    -     -  
Settlement of Citadel deferred remuneration scheme29.2  (80,136)  (107,145)   -     -  
Additional capital contribution by non-controlling interest holders made to subsidiary company34.1  133,422   3,500    -     -  
Capital contribution by non-controlling interest holders made to new subsidiary company34.2  24,108   451    -     -  
Repurchase of shares from non-controlling interest holders35  (92,508)  (35,904)   -     -  
Loans and receivables advanced   (36,131)  (72,960)   (78,433)  (87,468)
Proceeds from loans and receivables settled   90,821   18,993    -     -  
Interest-bearing borrowings advanced   621,200   396,028    -     -  
Repayment of interest-bearing borrowings                                                                (544,252)  (335,809)   -     -  
Loans and other payables advanced   -     -      698   727
Repayment of loans and other payables                                               (267,999)  (26,825)   -     (2,460)
Proceeds received from financial instrument liability                            4,187   484,243    -     -  
Settlement of financial instrument liability                            (105,899)  (37,607)   -     -  
       
Net (decrease)/increase in cash and cash equivalents   (71,339)  184,107    (87)  (87)
Cash and cash equivalents at the beginning of the year   2,751,480   2,667,583    706   793
Effects of exchange rate changes on cash and cash equivalents   (13,418)  (100,210)   -     -  
       
Cash and cash equivalents at end of the year22  2,666,723   2,751,480    619   706