| |
|
|
| R’000 |
2003 |
2002 |
| Cash effects of operating activities |
|
|
| Operating profit before working capital changes |
96 008 |
61 362 |
| Interest received |
887 |
33 887 |
| Taxation paid |
(7 348) |
(10 998) |
| Cash inflow from operating activities |
89 547 |
84 251 |
| Distributions to ordinary shareholders |
(44 244) |
(37 736) |
| Net cash effects of operating activities |
45 303 |
46 515 |
| Cash effects of investing activities |
|
|
| Increase in loans |
(54 022) |
(60 664) |
| Cash effects of financing activities |
|
|
| Shares issued |
9 772 |
14 149 |
| Share issue expenses |
(1 053) |
– |
| |
8 719 |
14 149 |
| Net decrease in cash and cash equivalents |
– |
– |
| Cash and cash equivalents at beginning
of the year |
– |
– |
| Cash and cash equivalents at end
of the year |
– |
– |
