Cash flow statements
for the year ended 30 June

Group
Company
2002 2001 2002 2001
R’000 R’000 R’000 R’000
Operating activites
Cash generated/(utilised in) operations 244 432 193 318 (4 916) (711)
Non-debenure interest paid (36 378) (39 751) (12 377) (10 856)
Investment income 15 141 18 223 58 683 80 388
Income taxed paid (17 847) (18 903) - -
Cash folow relating to exeptional items 205 348
(17 895)		 152 887
(43 506)		 41 390
(2 991)		 68 821
(10 689)
Cash available from operations 187 453 109 381 38 399 58 132
Debenture interest paid (71 474) (69 082) (73 200) (70 742)
Net cash inflow/(outflow)from operating activities 115 979 40 299 (34 801) (12 610)
Investing activities
Loans advanced to associated companies (90 945) - - -
Acquisition of property, plant and equipment (68 855) (79 333) - -
- Expansion capital expenditure (45 316) (48 793) - -
- Replacement capital expenditure (43 539) (30 540) - -
- Capital expenditure funded by landlord 20 000 - - -
- Acquisition of net trading assets (34 752) (247 018)
Total Proceeds
- Disposal of businesses 8 309 176 343
- Disposal of property, plant and equipment 14 863 15 547 - -
Other investing activities (3 428) (4 429) 88 (1 752)
Increase in net amounts owing by subsidiary companies (22 180) (45 734)
Net cash outflow from investing activities (174 808) (138 890) (22 092) (47 486)
Financing activities
Net proceeds from issue of shares 50 372 22 430 50 372 22 430
Buy back of shares in the company (9 129) - (9 129) -
(Decrease)/increase in long-term borrowings (1 726) 23 401 - -
Net cash inflow from financing activities 39 517 45 831 41 243 22 430
Net decrease in cash and cash equivalents (19 312) (52 760) (15 650) (37 666)
Cash and cash equivalents at beginning of year (71 280) (17 667) (88 118) (50 452)
Effect of foreign exchange rate changes (5 195) (853) - -
Cash and cash equivalents at end of year (95 787) (71 280) (103 768) (88 118)

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