Annual Report 2009 Annual Report 2009
Bookmark Email this page Print this page
         

PIONEER FOOD GROUP LIMITED

cash flow statement
for the year ended 30 September 2009

                  COMPANY
      2009     2008
  Notes   R’000     R’000
NET CASH FLOW FROM OPERATING ACTIVITIES     (267)     (5 820)
Net cash profit/(loss) from operating activities 12   7     (5 196)
Working capital changes 13   (43)     (296)
Income tax paid 15   (231)     (328)
NET CASH FLOW FROM INVESTMENT ACTIVITIES     2     4
Loans granted to related parties     (208 889)     (177 851)
Interest received     2     4
Dividends received     208 889     177 851
NET CASH FLOW FROM FINANCING ACTIVITIES     266     5 800
Proceeds from rights issue         485 667
Class A ordinary shares bought back     (699)     (1 880)
Dividends paid to ordinary shareholders 14   (205 283)     (174 017)
Dividends paid to class A ordinary shareholders 14   (3 680)     (3 913)
Proceeds from/(repayments of) borrowings from subsidiary     209 928     (300 057)
             
Net increase/(decrease) in cash and cash equivalents     1     (16)
Net cash and cash equivalents at beginning of year     1 749     1 765
Net cash and cash equivalents at end of year 7   1 750     1 749