Integrated Annual Report 2011
Financial statements
Consolidated financial statements
- Approval of the annual financial
- Certificate by company secretary
- Independent auditors' report to the members of Assore Limited
- Directors' report
- Consolidated statement of financial position
- Consolidated income statement
- Consolidated statement of comprehensive income
- Consolidated statement of cash flow
- Consolidated statement of changes in equity
- Notes to the consolidated financial statements
Company financial statements
- Company statement of financial position
- Company income statement
- Company statement of comprehensive income
- Company statement of cash flow
- Company statement of changes in equity
- Notes to the company financial statements
Company statement of cash flow
for the year ended 30 June 2011
| 2011 | 2010 | ||||
|---|---|---|---|---|---|
| R’000 | R’000 | ||||
| Cash retained from operating activities | 473 717 | 13 767 | |||
| Cash generated by operating activities | 1 157 055 | 490 048 | |||
| Cash generated by/(utilised in) operations | 12.1 | 18 157 | (11 235) | ||
| Investment income | 12.2 | 1 128 849 | 517 919 | ||
| Movements in working capital | 12.3 | 10 049 | (16 636) | ||
| Interest income | 27 436 | 66 695 | |||
| Finance costs | (56 337) | (106 201) | |||
| Taxation paid | 12.4 | (40 491) | (21 601) | ||
| Dividends paid | 12.5 | (613 945) | (415 174) | ||
| Cash utilised in investing activities | (42 062) | (1 507 896) | |||
| Investment in group companies | – | (1 512 206) | |||
| Redemption of shares by group companies | – | 25 000 | |||
| Acquisition of available-for-sale investments | (42 062) | (20 690) | |||
| Cash (utilised in)/generated by financing activities | (906 953) | 1 056 895 | |||
| Shares issued during the year | – | 233 743 | |||
| Short-term finance repaid | (906 946) | (500 000) | |||
| Movement in group company balances | (7) | 1 323 152 | |||
| Cash resources | |||||
| – decrease for the year | (475 297) | (437 234) | |||
| – at beginning of year | 495 493 | 932 727 | |||
| – at end of year | 20 196 | 495 493 |
