| |
GROUP
 | | |
COMPANY
|
| | 2004 | 2003 | | | 2004 | 2003 |
| NOTES | R'000 | R'000 | | | R'000 | R'000 |
| CASH FLOWS FROM OPERATING ACTIVITIES | | | | | | | |
| Cash generated from/(utilised by) operations | 17.1 | 11 718 | 35 502 | | | (872) | 905 |
| Interest received | | 7 546 | 7 820 | | | 7 546 | 7 802 |
| Interest paid | | (7 776) | (8 564) | | | (7 698) | (7 658) |
| Dividend received | | - | - | | | 8 880 | - |
| Dividend paid to minority | | (3 120) | - | | | - | - |
| Taxation (paid)/refunded | 17.2 | (3 339) | (1 091) | | | 10 | 71 |
|
| Net cash inflow from operating activities | | 5 029 | 33 667 | | | 7 866 | 1 120 |
| CASH FLOWS FROM INVESTING ACTIVITIES | | | | | | | |
| Increase in investment in associate | | (4 261) | (2 277) | | | (4 261) | (2 277) |
| Increase in investment in subsidiary | | (1 049) | - | | | (1 049) | - |
| Repayment of loan by subsidiary | | - | - | | | - | 1 500 |
| Proceeds from disposal of equipment | | - | 1 | | | - | - |
|
| Net cash outflow from investing activities | | (5 310) | (2 276) | | | (5 310) | (777) |
| CASH FLOWS FROM FINANCING ACTIVITIES | | | | | | | |
| Decrease in borrowings | | - | (26 856) | | | - | - |
|
| Net cash outflow from financing activities | | - | (26 856) | | | - | - |
|
| (Decrease)/Increase in cash and cash equivalents | | (281) | 4 535 | | | 2 556 | 343 |
| Cash and cash equivalents at the beginning of the year | | 9 610 | 5 075 | | | 368 | 25 |
|
| Cash and cash equivalents at the end of the year | 17.3 | 9 329 | 9 610 | | | 2 924 | 368 |
