Integrated Annual Report 2012
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 2012
2012 | 2011 | ||||
---|---|---|---|---|---|
Note | R'000 | R'000 | |||
Cash retained from operating activities | 299 526 | 450 773 | |||
Cash generated by operating activities | 1 061 774 | 1 134 110 | |||
Cash utilised in operations | 12.1 | (17 352) | (4 788) | ||
Investment income | 12.2 | 1 162 405 | 1 128 849 | ||
Movements in working capital | 12.3 | (83 279) | 10 049 | ||
Interest income | 29 570 | 27 436 | |||
Finance costs | (19 452) | (56 337) | |||
Taxation paid | 12.4 | (74 671) | (40 491) | ||
Dividends paid | 12.5 | (697 695) | (613 945) | ||
Cash generated by/(utilised in) investing activities | 663 650 | (42 062) | |||
Acquisition of available-for-sale investments | | (42 062) | |||
Proceeds on disposal of available-for-sale investments | 12.6 | 663 650 | | ||
Cash utilised in financing activities | (741 964) | (884 008) | |||
Preference shares issued | 2 310 000 | | |||
Preference shares redeemed | (708 700) | (894 555) | |||
Net movement in loans to and from group companies | (2 343 264) | 10 547 | |||
Cash resources | |||||
increase/(decrease) for the year | 221 212 | (475 297) | |||
at beginning of year | 20 197 | 495 494 | |||
at end of year | 241 409 | 20 197 | |||