ACU LIVE:
OPN 0
/ BID 0
/ OFF. 0
/ MOV. 0
/ VOL 0
/ DIV. YLD 0
/ LST TRADE VOL 0
/ VAL. 0
/ AVG. PRICE 0
Annual Report March 2011
| Group 2010 R'000 | Group 2009 R'000 | Company 2010 R'000 | Company 2009 R'000 | |
|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||
| Cash generated from/(utilised by) operations | 567 686 | 426 097 | 35 827 | (9 358) |
| Changes in property purchases | 12 835 | 6 863 | - | - |
| Income tax (paid)/ refunded | (28 850) | (18 172) | - | - |
| Interest received | 134 001 | 107 912 | 600 373 | 504 022 |
| Interest paid | (664 233) | (585 789) | (581 235) | (530 358) |
| NET CASH (OUTFLOW)/INFLOW FROM OPERATING ACTIVITIES | 21 439 | (63 089) | 54 965 | (35 694) |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||
| Acquisition of investment properties | (239 405) | (397 003) | - | - |
| Interest capitalised to investment properties | (13 197) | (4 938) | - | - |
| Proceeds on disposal of investment properties | - | 163 479 | - | - |
| Acquisition of investment properties under development | (18 625) | (7 113) | - | - |
| Interest capitalised to investment properties under development | (30 303) | (20 232) | - | - |
| Subsequent expenditure on properties held for sale | (257) | - | - | - |
| Acquisition of owner-occupies property | - | (33) | - | - |
| Acquisition of listed investments | (105 083) | - | (105 083) | - |
| Advances of loans iro unit purchase scheme | (37 153) | (45 541) | (37 153) | (45 541) |
| Acuisition of equipment | (785) | (586) | (171) | (166) |
| Acquisition of intangibles assets | (151 088) | - | (151 088) | - |
| Proceeds on disposal of equipment | - | 28 | - | - |
| Proceeds on sale of jointly controlled entities | - | 12 355 | - | - |
| Acquisition of investment in Tyger Hills | (284 482) | - | (284 737) | - |
| Acquisition of investment in SPFM | (3 779) | - | (5 018) | - |
| Loans to subsidiaries | (52) | - | (34 610) | (317 213) |
| NET CASH (OUTFLOW)/ INFLOW FROM INVESTING ACTIVITIES | (884 209) | (299 584) | (617 860) | (362 920) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||
| Proceeds from the issue of shares | 296 628 | 201 314 | 296 628 | 201 314 |
| Proceeds from the issue of debentures | 134 603 | 114 922 | 134 603 | 114 922 |
| Settlement of financial instruments | (15 378) | - | - | - |
| Financial liabilities raised | 730 984 | 530 000 | 446 699 | 430 000 |
| Financial liabilities raised | (316 002) | (467 856) | (316 000) | (346 223) |
| NET CASH INFLOW FROM FINANCING ACTIVITIES | 830 835 | 378 380 | 561 930 | 400 013 |
| NET CASH INFLOW FOR THE YEAR | (31 935) | 15 707 | (965) | 1 399 |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR | 37 912 | 22 205 | 1 618 | 219 |
| CASH AND CASH EQUIVALENTS AT END OF YEAR | 5 977 | 37 912 | 653 | 1 618 |