Company statement of cash flows
for the year ended June 30
     
 
  Note   2010  
R’000  
  2009  
R’000  
Cash outflow from operating activities     (131 600)    (665 360) 
Cash generated by operations   2   1 248 672     606 261  
Taxation paid   3   (803)    (26 423) 
Refunds of share premium to shareholders in lieu of dividends     (1 379 469)    (912 553) 
Dividends paid     –     (332 645) 
Cash effects of investment activities     (1 037 103)    532 205  
Increase in advances to subsidiaries     (1 113 044)    (254 327) 
Acquisition of subsidiaries and associates   4   (540 820)    (38 495) 
Proceeds on disposal of subsidiaries, joint ventures and associates   5   616 761     825 027  
Cash effects of financing activities          
Proceeds from share issues     1 233 119     51 116  
Net increase (decrease) in cash and cash equivalents     64 416     (82 039) 
Cash and cash equivalents at beginning of year     51 657     133 696  
Cash and cash equivalents at end of year     116 073     51 657