Problem
Cash flows from investing activities R'000 R'000
Purchase of property, plant and equipment to expand operations (450 000)
Proceeds from sale of equipment 70 000
Purchase of investments (120 000)
Dividends received 31 000
Net cash used in investing activities (469000)
Explain each of the cash inflows or outflows in New Designs (Pty) Ltd's Statement of Cash Flows above. Explain the purpose of each cash flow, and the underlying transactions to the business. The overall net cash used in investing activities also needs to be considered.