Grain SA Annual Report 2022

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115
2022 2021
Notes R R
Cash flows from operating activities
Cash receipts from customers 31 988 994 33 114 460
Cash payments to suppliers and employees (32 480 373) (42 493 405)
Cash (used in) generated from operations 20 (491 379) (9 378 945)
Interest received 16 618 273 806 430
Interest paid 18 (2) -
Net cash flows from/(used in) operating activities 126 892 (8 572 515)
Cash flows from/(used in) investing activities
Property, plant and equipment acquired 3 (599 491) (496 379)
Intangible assets acquired 4 (409 925) (263 534)
Proceeds on disposals of property, plant and equipment 509 335 13 426
Proceeds from other financial assets 315 292 235 201
Investment in other financial assets 1 729 149 (862 338)
Net cash flows from/(used in) investing activities 1 544 360 (1 373 624)
Cash flows used in financing activities
Proceeds from reserve - (127 684)
Net cash flows used in financing activities - (127 684)
Net increase/(decrease) in cash and cash equivalents 1 671 252 (10 073 823)
Cash and cash equivalents at beginning of the year 22 028 350 32 102 173
Cash and cash equivalents at end of the year 10 23 699 602 22 028 350
FOR THE YEAR ENDED 30 SEPTEMBER 2022
FINANCIAL STATEMENTS
CASH FLOWS STATEMENT of
The accounting policies on pages 116 to 120 and the notes on pages 121 to 130 form an integral part of the financial statements.