| | GROUP
 | | | | COMPANY
|
| | 2003 | 2002 | | | | 2003 | 2002 |
| NOTES | R'000 | R'000 | | | | R'000 | R'000 |
| CASH FLOWS FROM OPERATING ACTIVITIES | | | | |
| Cash generated from/(utilised by) operations | 16.1 | 35 502 | 87 413 | | | | 905 | (1 922) |
| Interest received | | 7 820 | 8 418 | | | | 7 802 | 7 951 |
| Interest paid | | (8 564) | (14 492) | | | | (7 658) | (7 658) |
| Taxation (paid)/refunded | 16.2 | (1 091) | (6 088) | | | | 71 | (8) |
| | |
| Net cash inflow/(outflow) from operating activities | | 33 667 | 75 251 | | | | 1 120 | (1 637) |
| CASH FLOWS FROM INVESTING ACTIVITIES | | | | |
| Increase in investment in associate | | (2 277) | - | | | | (2 277) | - |
| Repayment of loan by subsidiary | | - | - | | | | 1 500 | - |
| Proceeds from disposal of equipment | | 1 | 11 | | | | - | - |
| | |
| Net cash (outflow)/inflow from investing activities | | (2 276) | 11 | | | | (777) | - |
| CASH FLOWS FROM FINANCING ACTIVITIES | | | | |
| Decrease in borrowings | | (26 856) | (78 834) | | | | - | - |
| | |
| Net cash outflow from financing activities | | (26 856) | (78 834) | | | | - | - |
| | |
| Increase/(Decrease) in cash and cash equivalents | | 4 535 | (3 572) | | | | 343 | (1 637) |
| Cash and cash equivalents at the beginning of the year | | 5 075 | 8 647 | | | | 25 | 1 662 |
| | |
| Cash and cash equivalents at the end of the year | 16.3 | 9 610 | 5 075 | | | | 368 | 25 |
| | |
