STATEMENT OF CASH FLOWS
for the year ended 30 June 2012
| ALL MONETARY AMOUNTS ARE EXPRESSED IN MILLIONS OF RANDS |
2012 |
|
2011 |
|
| (Loss)/profit before taxation |
(17,5) |
|
101,6 |
|
| Adjustment for: |
|
|
|
|
| Dividends received |
– |
|
(175,9) |
|
| Impairment of loan |
16,5 |
|
74,3 |
|
| Changes in working capital |
(0,2) |
|
– |
|
| Decrease in trade and other receivables |
0,3 |
|
– |
|
| Decrease in trade and other payables |
(0,5) |
|
– |
|
| |
|
|
|
|
| Operating cash flow |
(1,2) |
|
– |
|
| Dividends paid |
– |
|
(175,9) |
|
| Cash flows from operating activities |
(1,2) |
|
(175,9) |
|
| Dividends received |
– |
|
175,9 |
|
| Cash flows from investing activities |
– |
|
175,9 |
|
| Proceeds on rights issue to shareholders |
1 910,0 |
|
– |
|
| Increase in amounts owing from subsidiary company |
(1 947,5) |
|
(18,2) |
|
| Decrease in amounts owing from The Murray & Roberts Trust |
39,4 |
|
18,4 |
|
| Cash flows from financing activities |
1,9 |
|
0,2 |
|
| Net increase in cash and cash equivalents |
0,7 |
|
0,2 |
|
| Net cash and cash equivalents at beginning of the year |
1,0 |
|
0,8 |
|
| Net cash and cash equivalents at end of the year |
1,7 |
|
1,0 |
|
|
