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AFRICAN DAWN ANNUAL REPORT 14

Notes to the Financial Statements Group Company 2014 2013 2014 2013 R '000 R '000 R '000 R '000 30. Cash used in operations (Loss) profit before taxation (16,719) (4,107) (3,831) (5,386) Adjustments for: Depreciation and amortisation 61 427 46 86 Profit on sale of assets (1) (25) (1) - Loss on sale of non-current assets and disposable groups 3,858 - - - Interest received - investment (77) (620) (7) (96) Finance costs 1,124 2,286 185 162 Fair value adjustments - 31 - - Impairment loss (reversal) 9,683 110 (2,842) (280) Movements in operating lease assets and accruals (21) 195 (21) 195 Other non-cash items - 305 - - Changes in working capital: Trade and other receivables (559) (13,617) 546 (397) Trade and other payables 810 (400) 758 (474) (1,841) (15,415) (5,167) (6,190) 31. Tax (paid) refunded Balance at beginning of the year (18,614) (10,351) (6,728) (6,728) Current tax for the year recognised in profit or loss (407) (627) - - Transferred to non-current asset held for sale 481 - - - Balance at end of the year 18,131 18,614 6,728 6,728 (409) 7,636 - - AFRICAN DAWN 6 6 ANNUAL REPORT 2014


AFRICAN DAWN ANNUAL REPORT 14
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