for the year ended 30 June
R million | Notes | 2014 | 2013 | |
Cash flows from operating activities |
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Cash generated by operations | 13.1 | 72 | 58 | |
Tax paid | 13.2 | (9) | (16) | |
Net cash inflow from operating activities | 63 | 42 | ||
Cash flows from investing activities |
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Increase in investment in SFIR | (56) | – | ||
Investment income | 13.3 | 784 | 871 | |
Other non current investments and loans (made)/realised | 13.4 | (702) | 123 | |
Net cash inflow from investing activities | 26 | 994 | ||
Cash flows from financing activities |
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Increase/(decrease) in borrowings | 13.5 | 295 | (714) | |
Interest paid | 13.6 | (86) | (86) | |
Dividends paid | 5 | (255) | (268) | |
Increase in share capital | – | 32 | ||
Net cash outflow from financing activities | (46) | (1 036) | ||
Net cash and cash equivalents movement for the year | 43 | – | ||
Cash and cash equivalents at beginning of year | 14 | 14 | ||
Cash and cash equivalents at end of year | 57 | 14 |