CIPC Annual Report V1

Companies and Intellectual Property Commission Annual Financial Statements for the year ended 31 March 2021 Cash Flow Statement

2021

2020

Notes

R '000

R '000

Cash flows from operating activities

Receipts Fees: Exchange transactions

194 527 421 648

177 025 381 425

Annual return fees Other income Interest income

8 972

9 474

23 706

41 633

648 853

609 557

Payments Employee costs

(361 375) (121 942)

(345 808) (178 716)

Suppliers

(483 317)

(524 524)

23

Net cash flows from operating activities

165 536

85 033

Cash flows from investing activities

6 6 7

Acquisition of property, plant and equipment

(9 784)

(5 031)

Proceeds on disposal of property, plant and equipment

120

94

Acquisition of intangible assets

(14 434)

(439)

Net cash flows from investing activities

(24 098)

(5 376)

Cash flows from financing activities

22

Transfer to National revenue fund

(74 800)

(245 400)

Net (decrease)/increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year

66 638 595 496

(165 743) 761 239

5

Cash and cash equivalents at the end of the year

662 134

595 496

7

COMPANIES AND INTELLECTUAL PROPERTY COMMISSION I Annual Report 2020/21

77