THE NELSON MANDELA FOUNDATION TRUST

(Registration number IT 9259/99)
Annual Financial Statements for the year ended 29 February 2016

Statement of cash flows

	Note(s)	2016 R	2015 R

Cash flows from operating activities

Cash receipts from customers		31 811 451	43 320 773
Cash paid to suppliers and employees		(33 627 841)	(34 439 410)
Cash used in operations	26	(1 816 390)	8 881 363
Dividends received		-	441 462
Finance costs		(732)	(36 106)
Tax paid	27	(3 454 000)	-
Net cash from operating activities		(5 271 122)	9 286 719

Cash flows from investing activities

Purchase of property, plant and equipment	4	(1 528 206)	(1 354 084)
Purchase of other intangible assets	5	(446 656)	(822 328)
Purchase of other financial assets		-	(30 000 000)
Proceeds on sale of property, plant and equipment		318 270	30 293
Interest income		2 767 420	2 786 272
Net cash from investing activities		1 110 828	(29 359 847)

Cash flows from financing activities

Finance lease payments		(328 175)	(408 821)

Total cash movement for the year		(4 488 469)	(20 481 949)
Cash at the beginning of the year		73 063 482	93 545 431
Total cash at end of the year	10	68 575 013	73 063 482