The following balances appeared on the statement of financial position of Legacy (Pty) Ltd on 31 March 2015:

		2015	2014
	additional information	R	R
Property, plant and equipment	1,8	21 385 000	18 105 000
Financial investments - listed	2	2 210 000	2 800 000
Investment in subsidiary	2	8 820 000	6 050 000
Intangible assets at carrying value	3	810 000	1 020 000
Inventories	4	7 650 000	8 870 000
Trade receivables	5	9 500 000	11 400 000
Cash and cash equivalents		2 765 000	(5 575 000)
Share Capital		(17 800 000)	(16 000 000)
Retained earnings		(15 520 000)	(11 650 000)
Long term borrowings		(4 450 000)	(2 880 000)
Specific loan for building construction	1	(1 900 000)	0
Trade and other payables		(9 930 000)	(9 750 000)
Current portion of long term borrowings		(410 000)	(350 000)
Current tax payable		(2 080 000)	(1 060 000)
Shareholders for dividends	9	(1 050 000)	(980 000)

In addition the following items appear on the statement of profit or loss for the period ended 31 March 2015:

	Additional information	R
Revenue		43 500 000
Cost of sales		(18 050 000)
Other income		465 000
Income from subsidiary	6	2 050 000
Income from financial investments	7	620 000
Finance costs	8	(485 000)
Income tax expense		(2 075 000)

Other relevant income/expenses and profits/losses are reflected elsewhere in the question or can be derived from the information provided elsewhere in the question.

ADDITIONAL INFORMATION:

1. Property, plant and equipment comprises the following items:

	2015 R	2014 R
Land - cost	12 010 000	12 010 000
Building - cost	6 105 000	5 000 000
Accumulated depreciation - Building	(1 050 000)	(945 000)
Building under construction - cost	1 650 000	0
Vehicles - cost	3 910 000	3 045 000
Accumulated depreciation - Vehicles	(1 240 000)	(1 005 000)
	21 385 000	18 105 000

There were no sales of land and building during the reporting period.

A loan was obtained for the construction of the new building which is a qualifying asset. All costs incurred for the construction were paid in cash. All unutilised funds were invested in a short term investment to earn interest.

A vehicle with a cost of R950 000 and a carrying value of R205 000 was involved in an accident and written off. The insurance company paid out R325 000 on the claim. The vehicle was replaced by a new one at a cost of R725 000 for a cash purchase. Another vehicle with a cost of R820 000 and accumulated depreciation of R340 00 was sold for R620 000 in a cash sale.

2. No financial investments or investments in subsidiaries were disposed of during the year.

3. No intangible assets were purchased or disposed of during the year. Impairment of R65 000 was however incurred on intangible assets.

4. Inventories are stated net of a write down to net realisable value of R320 000 that was journalised in the current reporting period.

5. The allowance for doubtful debts was decreased by R460 000 during the year.

6. Income from subsidiary consists of dividends of R1 300 000 and management fees of R750 000.

7. Income from financial investments comprises dividends from listed and unlisted investments.

8. The following table provides a breakdown of the finance costs incurred during the current reporting period:

Finance costs	R
Interest on general borrowings	485 000
Interest on building loan	160 000
	645 000
Interest income on unutilised borrowings	(15 000)
Interest capitalised to building under construction	(145 000)
Interest expense	485 000

Interest costs incurred were paid during the year.

9. An interim dividend of R1 870 000 was declared during the year. No other dividends were declared during the year.

Required:

Prepare the statement of cash flows of Legacy (Pty) Ltd for the reporting period ended 31 March 2015.

Note: Ignore VAT.