| A | B | C | D | E | F | G | H | I | |
|---|---|---|---|---|---|---|---|---|---|
1 | |||||||||
2 | THE GROUP | THE BANK | |||||||
3 | 2021 | 2020 | 2019 | 2021 | 2020 | 2019 | |||
4 | (Restated) | (Restated) | (Restated) | (Restated) | |||||
5 | Notes | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | MUR'000 | ||
6 | OPERATING ACTIVITIES | ||||||||
7 | Profit before tax: | ||||||||
8 | Continuing operations | 1,078,001 | 1,774,578 | 1,930,880 | 1,023,631 | 1,749,991 | 1,887,799 | ||
9 | Discontinued operations (Note 41) | (13,540) | (2,603) | (285) | - | - | - | ||
10 | 1,064,461 | 1,771,975 | 1,930,595 | 1,023,631 | 1,749,991 | 1,887,799 | |||
11 | Adjustments for: | ||||||||
12 | Change in operating assets | 33(b) | (1,334,753) | (1,475,160) | (19,884,748) | (1,336,395) | (2,958,051) | (19,958,452) | |
13 | Change in operating liabilities | 33(c) | 29,188,122 | 18,296,000 | 18,743,168 | 29,175,795 | 19,804,718 | 18,862,360 | |
14 | Non-cash items included in profit before tax from continuing operations | 33(d) | 552,659 | 914,560 | 772,679 | 611,383 | 947,616 | 839,717 | |
15 | Non-cash items included in profit before tax from discontinued operations | 33(d) | 206 | 679 | 1,971 | - | - | - | |
16 | Payment of gratuity | 30 | - | (1,485) | - | - | (1,485) | - | |
17 | Tax paid | (185,651) | (328,641) | (99,427) | (185,651) | (328,641) | (95,942) | ||
18 | Net cash flows generated from operating activities | 29,285,044 | 19,177,928 | 1,464,238 | 29,288,763 | 19,214,148 | 1,535,482 | ||
19 | |||||||||
20 | INVESTING ACTIVITIES | ||||||||
21 | Purchase of property and equipment | 19 | (7,635) | (23,891) | (33,821) | (7,635) | (23,891) | (33,491) | |
22 | Purchase of intangible assets | 20 | (72,240) | (67,523) | (33,692) | (72,240) | (67,439) | (33,692) | |
23 | Asset held for distribution | - | - | (57,210) | - | (38,277) | - | ||
24 | Proceeds from sale of property and equipment | 1,169 | 4,145 | - | 1,169 | 3,040 | - | ||
25 | Disposal of subsidiary | (992) | - | - | - | - | - | ||
26 | Net cash flows used in investing activities | (79,698) | (87,269) | (124,723) | (78,706) | (126,567) | (67,183) | ||
27 | |||||||||
28 | FINANCING ACTIVITIES | ||||||||
29 | Repayment of subordinated debt | 25 | - | (170,556) | (385,033) | - | (170,556) | (385,033) | |
30 | Payment of lease liabilities | 21 | (37,404) | (36,085) | - | (37,404) | (36,085) | - | |
31 | Dividends paid | (387,071) | (576,684) | (333,508) | (387,071) | (576,684) | (333,508) | ||
32 | Net cash flows used in financing activities | (424,475) | (783,325) | (718,541) | (424,475) | (783,325) | (718,541) | ||
33 | |||||||||
34 | Net cash flows for the year | 28,780,871 | 18,307,334 | 620,974 | 28,785,582 | 18,304,256 | 749,758 | ||
35 | |||||||||
36 | Movement in cash and cash equivalents | ||||||||
37 | Cash and cash equivalents at 1 July | 69,030,099 | 50,699,991 | 50,104,963 | 69,025,376 | 50,698,346 | 49,974,534 | ||
38 | Net increase in cash and cash equivalents | 28,780,871 | 18,307,334 | 620,974 | 28,785,582 | 18,304,256 | 749,758 | ||
39 | Effect of IFRS 9 impairment charge | (956) | 22,774 | (25,946) | (956) | 22,774 | (25,946) | ||
40 | Cash and cash equivalents at 30 June | 33(a) | 97,810,014 | 69,030,099 | 50,699,991 | 97,810,002 | 69,025,376 | 50,698,346 | |
41 | |||||||||
42 | Operational cash flows from interest | ||||||||
43 | |||||||||
44 | Interest paid | (662,955) | (1,410,869) | (881,316) | (662,955) | (1,051,583) | (872,123) | ||
45 | |||||||||
46 | Interest received | 1,997,083 | 2,906,096 | 2,864,490 | 1,997,083 | 2,821,688 | 3,211,904 | ||
47 |