Integrated Reports Senwes Financial Review 2018 - Page 19

FINANCIAL REVIEW 19 CONSOLIDATED STATEMENT OF CASH FLOWS for the year ended 30 April 2018 GROUP Notes Finance costs paid Tax paid Dividends paid Changes in operating capital 2018 R’m 2017 R’m 2018 R’m 2017 R’m 253 286 165 56 24 813 457 783 508 19.2 (223) (204) (224) (206) 26 (86) (50) (81) (43) 22.2 (90) (71) (94) (72) (128) 33 (328) 66 Net cash flows from operating activities Cash from operating activities COMPANY 25 (256) (186) (75) (272) Purchase of property, plant and equipment 27 (141) (116) (127) (102) Proceeds from the disposal of property, plant and equipment 28 3 2 3 2 Grant to Senwes Share Incentive Scheme Trust 3.2 - - (2) (27) 5 - (25) - (25) Dividends received from investments in joint ventures 4 4 4 4 Dividends received from subsidiaries - - - 1 55 2 30 26 Net cash flows used in investment activities Additional investments in joint ventures and associate Additional loans received from related parties 29 Repayment of loans from related parties 29 (56) (44) (55) (44) Additional loans (advanced to/from) related parties 29 (124) (16) (156) (130) (Repayment of/advanced to) loans to related parties 29 7 228 23 (21) (19) (19) (47) - - - (47) - - - (17) (21) (19) (19) Cash and cash equivalents at the beginning of the year 14 35 - 19 Cash and cash equivalents at the end of the year (3) 14 (19) - Net cash used in financing activities Treasury shares purchased Net decrease in cash and cash equivalents 12.2 FINANCIAL REVIEW 3 30 Net cash flows before financing activities