CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 MARCH 2000

GROUP
2000 1999
Notes R’000 R’000
앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥앥
CASH FLOW FROM OPERATING ACTIVITIES 285 676 (241 205)
Cash from activities 25.1 472 430 (100 357)
Investment income received 2 765 2 301
Dividends received from equity-accounted companies 29 558 29 233
ҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀ
Cash generated from operating activities 504 753 (68 823)
Finance cost paid (154 113) (67 350)
Taxation paid (37 256) (80 643)
ҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀ
313 384 (216 816)
Dividends paid (27 708) (24 389)

CASH FLOW FROM INVESTMENT ACTIVITIES (1 582 678) (493 816)

Property, plant and equipment acquired (670 080) (372 388)
2 0 0 0

Proceeds from sale of property, plant and equipment 26 260 66 745

Additional investment in existing subsidiaries (986 336) –
Acquisition of subsidiaries 25.2 (158 962) 992 997
R E P O R T

Proceeds from sale of subsidiaries – 6 039

Proceeds from sale of investments 882 811 –
Net investment in associated and other companies (537 887) (1 024 013)
Investment in intangible assets (138 484) (163 196)
A N N U A L

CASH FLOW FROM FINANCING ACTIVITIES 3 581 586 660 162

(Decrease)/increase in long-term liabilities (33 539) 63 149
Increase in short-term loans 14 121 216 435
Issue of shares: capital and premium 1 185 474 209 220
Contributions of minority shareholders 2 415 530 11 358
Issue of convertible debentures – 160 000
ҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀ
Net increase/(decrease) in cash and cash equivalents 2 284 584 (74 859)
Forex translation adjustments on cash and cash equivalents (5 878) 174 930
Cash and cash equivalents at beginning of year 59 457 (40 614)
ҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀ
Cash and cash equivalents at end of year 25.3 2 338 163 59 457
ҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀҀ

32 H T T P : / / W W W . N A S P E R S . C O M