Downloads | Search
Italtile Ltd

The style. The passion

Integrated annual report 2013

Statements of cash flows
for the year ended 30 June 2013


COMPANY           GROUP
2013  
Rm’s  
    2012  
Rm’s  
      Note     2013  
Rm’s  
    2012  
Rm’s  
            Cash flows from operating activities              
            Cash receipts from customers       2 047       1 759  
            Cash paid to suppliers and employees       (1 365)      (1 263) 
25       2       Cash generated by operations   27     682       496  
6       7       Finance revenue   7     26       46  
      135       Dividends received from subsidiary              
(1)      (7)      Taxation paid   28     (170)      (161) 
            Finance cost   8     (17)      (24) 
4       4       Management fees received              
(155)      (134)      Dividends paid   29     (145)      (131) 
(121)      7       Net cash flows from/(utilised by) operating activities     376       226  
            Cash flows from investing activities              
            Additions to property, plant and equipment   13     (168)      (120) 
            Proceeds on disposal of plant and equipment       42       6  
93       (4)      (Increase)/decrease in investments   14     (529)      —  
            Net acquisition of interest in subsidiary       (39)      (36) 
            Net disposal of interest in subsidiary       —       2  
(121)      —       Advance of loan to Foundation Trust   15            
3       4       Repayments of portion of BEE share trust loan   15            
(25)      —       Net cash flows utilised by investing activities     (694)      (148) 
            Cash flows from financing activities              
            Decrease in interest-bearing loans and borrowings       (300)      —  
            Treasury share movements       4       —  
142       (4)      Decrease/(increase) in amounts owing by subsidiaries            
142       (4)      Net cash flows (utilised by)/from financing activities     (296)      —  
(4)      3       Movement in cash and cash equivalents for the year     (614)      78  
4       1       Cash and cash equivalents at beginning of year     917       839  
#       4       Cash and cash equivalents at end of year   20     303       917  
            #Less than R1 million.