HSRC Integrated Annual Report 2018/2019

HSRC INTEGRATED ANNUAL REPORT 2018/19 / 93 2019 March 2018 March Note R’000 R’000 Cash flows from operating activities Receipts Parliamentary grant 303 733 304 656 Interest received 7 753 9 138 Other receipts 264 286 308 781 Taxation (VAT receipts) 5 001 10 449 580 773 633 074 Payments Employee costs (309 094) (331 998) Suppliers (192 444) (225 426) Interest paid (419) (572) Other payments (75 395) (85 529) (577 352) (643 525) Net cash flows from operating activities 22 3 421 (10 451) Cash flows from investing activities Purchase of property, plant and equipment (2 451) (7 562) Proceeds from disposal of property, plant and equipment 72 461 Net cash flows from investing activities (2 379) (7 101) Net increase/(decrease) in net cash and cash equivalents 1 042 (17 552) Net cash and cash equivalents at beginning of year 43 755 61 307 Net cash and cash equivalents at end of year 1 44 797 43 755 CASH FLOW STATEMENT for the year ended 31 March 2019