CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 1992
|
Notes
|
1992
|
1991
|
|
|
R'000
|
R'000
|
| Cash retained from/(utilised for) operating
activities |
|
|
|
| Cash utilised for operating activities |
|
(480
826)
|
(770
918)
|
| Operating deficit before interest and extraordinary
item |
|
(901 577)
|
(859 490)
|
| Adjustment for depreciation |
|
105 262
|
100 176
|
| Adjustment for provision for insurance |
|
21 000
|
0
|
|
|
(775 315)
|
(759 314)
|
| State compensation |
23
|
50 000
|
880 874
|
|
|
(725 315)
|
121 560
|
| Investment income |
20
|
124 102
|
222 553
|
|
|
(601 213)
|
344 113
|
| Net
income attributable to period prior to establishment |
0
|
211
|
|
|
(601
213)
|
344
324
|
| Interest paid |
21
|
(286
745)
|
(244
148)
|
|
|
(887
958)
|
100
176
|
| Applied
to increase current assets |
|
407
132
|
(871
094)
|
| Debtors
(Before provision for irrecoverable debts) |
|
(496
336)
|
1
104 597
|
| Creditors |
|
89
204
|
(233
503)
|
| Cash
utilised for investment activities |
|
(178
610)
|
(4
562 628)
|
| Additions
to fixed assets |
|
(220
642)
|
(4
222 945)
|
| Investments |
|
(48
520)
|
(239
945)
|
| Investment
in subsidiary |
9
|
(800)
|
0
|
| Decrease/(Increase)
in deferred expenditure |
|
91
352
|
(100
580)
|
| Net
inflow/(outflow) |
|
(659
436)
|
(5
333 546)
|
| Cash
effect of financing activities |
|
|
|
| Capital
reserves for fixed assets |
4
|
80
783
|
0
|
| Share
capital |
|
0
|
4 145 917
|
| Increase
in long term loans |
|
50 000
|
400 005
|
| Decrease/(Increase)
in short term loans |
|
(827 250)
|
2 173 500
|
|
|
(696 467)
|
6 719 422
|
| Decrease
in insurance reserve fund |
|
(10 466)
|
0
|
| Decrease/(Increase)
in cash and deposits |
|
1 366 369
|
(1 385 876)
|
|
|
659 436
|
5 333 546
|
|
