e r 2 - Umgeni Water

Table 15.18: Umgeni Water Cash Flow Statement| Financial Plan ChapterUMGENI WATERCash Flow Statement (in R'000)For the year ended June 30, F08 F09 F10 F11 F11 F12 F13 F14 F15 F16Actual Actual Actual Budget ForecastOPERATING ACTIVITIESOperating profit before working capital changes 712 456 798 051 827 129 754 265 753 566 774 246 706 588 727 479 811 123 852 797Changes in working capital 129 871 (54 893) 18 854 (72 444) (88 832) (108 172) (52 335) (12 921) (5 193) (7 355)Net cash from operating activities 842 327 743 157 845 983 681 821 664 734 666 074 654 252 714 558 805 930 845 442INVESTING ACTIVITIESAdditions to property, plant and equipment (108 391) (233 371) (327 197) (815 969) (548 327) (627 925) (690 062) (704 964) (643 884) (835 032)Additions to intangible assets (1 043) (2 774) (4 917) - - - - - - -Proceeds on disposal of Property, plant & equipment 1 630 14 157 641 - - - - - - -Transfer to financial asset - - - - - - - - - -Grant Funding - - 21 946 - - 18 642 70 162 63 442 - -Disposal of investments 3 556 2 389 1 278 - - - - - -Net cash used in investing activities (104 247) (219 600) (308 249) (815 969) (548 327) (609 282) (619 900) (641 522) (643 884) (835 032)FINANCING ACTIVITIESNet change in long-term borrowings (112 533) (107 964) (486 095) 120 301 (117 282) (47 126) 134 786 (93 616) (132 052) (137 963)Net Investments - LTI & RED (378 895) (251 882) (41 198) 105 154 99 531 88 470 (76 185) 115 183 57 000 211 000Proceeds from (repaid to) short-term borrowings (12 997) (14 222) - - - - - - - -Interest received 23 410 102 456 150 424 69 892 66 019 38 992 45 510 48 057 46 148 39 247Deferred interest amortized - - 47 034 (20 385) (29 151) (32 735) (32 295) (30 227) (27 342) (18 960)Interest paid (264 593) (259 288) (230 095) (140 466) (117 800) (103 928) (106 078) (112 420) (106 521) (103 014)Net cash used in financing activities (745 609) (530 900) (559 930) 134 497 (98 683) (56 327) (34 263) (73 023) (162 768) (9 690)CASH AND CASH EQUIVALENTSNet increase/(decrease) in cash and cash equivalents (7 528) (7 343) (22 196) 349 17 724 465 89 13 (722) 720At beginning of year 19 647 12 118 4 775 289 (17 421) 303 767 857 870 149At end of year 12 118 4 775 (17 421) 638 303 767 857 870 149 869Umgeni Water Five-Year Business Plan| 2011/2012 to 2015/2016 Page 99