Cash flow statement
for the year ended 28 February 2007
| COMPANY | ||
| 2007 | 2006 | |
| R'000 | R'000 | |
| Operating activities | 16 841 | 98 459 |
| Cash utilised by operations | (223) | (428) |
| Dividends received | 290 993 | 193 195 |
| Changes in working capital | 119 | 87 |
| Movement of loan with subsidiary | (32 512) | 98 792 |
| Cash available from operating activities | 258 377 | 291 646 |
| Dividends paid | (241 536) | (193 187) |
| Investing activities | ||
| Increase of investment in subsidiaries | (25 374) | (118 658) |
| Financing activities | ||
| Shares issued | 8 436 | 20 227 |
| Cash resources | ||
| Net cash (utilised)/generated | (97) | 28 |
| Cash and cash equivalents | ||
| – at beginning of year | 97 | 69 |
| – at end of year | — | 97 |