HDA Annual Report

ANNUAL REPORT 2023/24 Statement of Cash Flow

Restated 2023

Figures in R’000

Note(s)

2024

Cash flows from operating activities Receipts

249 800 375 449

414 742 371 036

Grants

Fund management fees recovery

2 494

(8 574) 49 434

Management fees Interest income

23 379 22 800

-

Other income

8 540

2 846

Increase receivables

(182 862)

-

Payments

(1 230 209) (186 773) (1 043 436)

(395 550) (173 017) (116 760)

Employee costs

Cash paid to suppliers Land and related costs

(11 734) (33 682) (60 357)

- - -

Technical and project services

Deposits with conveyancers pending land transfers

Cash generated/(utilised) in operations

26

(980 409)

(5 879)

Interest received

- -

9 101

Interest paid - finance charges on finance leases

(19)

Net cash inflows/(outflow) from operating activities

(980 409)

3 203

Cash flows from investing activities Property, plant and equipment acquired

(111 186)

(3 851) (1 107)

Intangible assets acquired

(271)

Proceeds on disposal of property, plant and equipment Net cash inflows (outflow) from investing activities

-

46

(111 457)

(4 912)

Decrease in cash and cash equivalents

(1 091 866)

(1 709)

Cash and cash equivalents at beginning of the year Cash and cash equivalents at end of the year

1 963 663 1 965 372 871 797 1 963 663

6 & 5

104