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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities      
Net loss $ (38,057) $ (78,358) [1] $ (308,658) [1]
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 4,347 13,299 37,349
Impairment loss (Note 23 and 9) 0 6,336 19,745
Movement in allowance for doubtful accounts receivable 110 743 32,786
Fair value adjustment related to financial liabilities 840 (340) 73
Loss (Profit) on disposal of property, plant and equipment 480 (127) (486)
Stock-based compensation charge (Note 16) 344 1,728 393
Inventory net realizable value adjustment (Note 4) 0 1,298 0
Change in fair value of equity securities (Note 5 and 8) (49,304) 0 [1] 167,459 [1]
Loss on disposal of Bank Frick (Note 23) 472 0 0
Loss on disposal of equity-accounted investment (Note 23) 13 0 0
(Gain) Loss on disposal of discontinued operation (Note 23) 0 (12,454) [1] 9,175 [1]
Gain on disposal of FIHRST (Note 23) 0 (9,743) [1] 0 [1]
Loss on deconsolidation of CPS (Note 23) 0 7,148 0
Loss (Gain) on disposal of DNI (Note 23) 0 1,010 [1] (177) [1]
Interest payable (1) 1,758 237
Facility fee amortized 0 0 321
Interest on Cedar Cellular note (Note 8)   0 (2,397)
Impairment of Cedar Cellular note (Note 8) 0 0 [1] 12,793 [1]
Loss (Earnings) from equity-accounted investments (Note 8) 24,878 29,542 (1,273)
Movement in allowance for doubtful loans to equity-accounted investments 4,739 1,035 0
Dividends received from equity accounted investments 194 3,549 1,318
Implementation costs to be refunded to SASSA (Note 12) 0 0 34,039
Decrease in accounts receivable, pre-funded social welfare grants receivable and finance loans receivable 3,751 8,818 11,663
(Increase) Decrease in inventory 1,279 (19,328) 4,042
Decrease in accounts payable and other payables (335) (139) (14,538)
(Decrease) Increase in taxes payable (17,210) (1,427) 3,428
Increase (Decrease) in deferred taxes 5,089 (393) (11,752)
Net cash used in operating activities (58,371) (46,045) (4,460)
Cash flows from investing activities      
Capital expenditures (4,285) (5,938) (9,416)
Proceeds from disposal of property, plant and equipment 571 578 1,045
Proceeds from disposal of Net1 Korea, net of cash disposed (Note 23) 20,114 192,619 0
Transaction costs paid related to disposal of Net1 Korea (Note 23) 0 (7,458) 0
Proceeds from disposal of equity-accounted investment - Bank Frick (Note 8) 18,568    
Proceeds from disposal of DNI as equity-accounted investment (Note 8 and Note 19) 6,010 42,477 0
Transaction costs paid related to disposal of DNI as equity-accounted investment (Note 8)   (1,010) 0
Loan to equity-accounted investment (Note 8) (1,238) (1,230) 0
Repayment of loans by equity-accounted investments 134 4,268 1,029
Proceeds from disposal of subsidiaries, net of cash disposed (Note 23 and Note 19) 0 10,895 (2,114)
Deconsolidation of CPS - cash disposed (Note 23) 0 (328) 0
Investment in equity-accounted investments (Note 8) 0 (2,500) (2,989)
Acquisition of intangible assets 0 0 (1,384)
Investment in MobiKwik 0 0 (1,056)
Return on investment 0 0 284
Net change in settlement assets 7,901 (9,256) 79,077
Net cash provided by investing activities 47,775 223,117 64,476
Cash flows from financing activities      
Proceeds from bank overdraft (Note 11) 360,083 689,763 822,754
Repayment of bank overdraft (Note 11) (365,440) (747,935) (740,969)
Proceeds from disgorgement of shareholders' short-swing profits (Note 22) 124 0 0
Proceeds from exercise of stock options 53 0 0
Long-term borrowings utilized (Note 11) 0 14,798 14,613
Repayment of long-term borrowings (Note 11) 0 (14,503) (37,357)
Guarantee fee 0 (148) (394)
Finance lease capital repayments 0 (69) 0
Acquisition of non-controlling interests 0 0 (180)
Dividends paid to non-controlling interest 0 0 (4,104)
Net change in settlement obligations (7,901) 9,256 (79,077)
Net cash used in financing activities (13,081) (48,838) (24,714)
Effect of exchange rate changes on cash 14,957 (17,260) (3,845)
Net (decrease) increase in cash, cash equivalents and restricted cash (8,720) 110,974 31,457
Cash, cash equivalents and restricted cash - beginning of period 232,485 121,511 90,054
Cash, cash equivalents and restricted cash - end of period (Note 19) $ 223,765 $ 232,485 $ 121,511
[1] <div>Certain amounts have been restated to correct the misstatement discussed in Note 1.</div>