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AFRICAN DAWN 2015 Annual Report

Statement of Cash Flows Group Company Notes 2015 R ‘000 Restated 2014 R ‘000 AFRICAN DAWN 39 ANNUAL REPORT 2015 2015 R ‘000 2014 R ‘000 Cash flows from operating activities Cash used in operations 34 (2,280) (1,125) (9,062) (5,167) Interest income 735 80 700 7 Finance costs (3,115) (3,838) (265) (185) Tax paid 35 (574) (968) - - Cash flows from discontinued operations 36 - (1,983) - - Net cash from operating activities (5,234) (7,834) (8,627) (5,345) Cash flows from investing activities Purchase of property, plant and equipment 3 (346) (549) (208) - Proceeds on disposal of property, plant and equipment 56 13 27 4 Purchase of intangible assets 5 - (1,263) - - Business combinations 37 16 - - - Sale of business 38 (396) - - - Proceeds from loans from group companies - - 664 5,376 Repayment of loans from group companies - - (11) - Net cash from investing activities (670) (1,799) 472 5,380 Cash flows from financing activities Proceeds on share issue 16 20,309 - 20,309 - Borrowings (repaid) / raised (4,003) 6,089 (1,700) 42 Finance lease payments (99) (112) - - Repayment of directors' loans acquired in business combinations (refer to note 37) (21) - - - Repayment of directors' loans 20 (243) - (243) - Net cash from financing activities 15,943 5,977 18,366 42 Total cash movement for the year 10,039 (3,656) 10,211 77 Cash at the beginning of the year 5,358 9,014 397 320 Total cash at end of the year 14 15,397 5,358 10,608 397


AFRICAN DAWN 2015 Annual Report
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