FINANCIAL REPORT (cont.)
CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2023
2023 $’000
2022 $’000
Note
Cash flows from operating activities Receipts from customers Payments to suppliers and employees
200,483 (210,304)
126,504 (105,496)
Interest received Finance costs paid Income taxes paid
132
-
(397)
(105)
(4,010)
(1,140) 19,763
Net cash (outflow) / inflow from operating activities
18
(14,096)
Cash flows from investing activities Payments for plant and equipment Proceeds from sale of assets Payments for business acquisition Net cash used in investing activities Cash flows from financing activities Dividends paid
(1,135)
(3,124)
331
30
21
(2,754) (3,558)
(185)
(3,279)
(4,382)
(2,851)
Proceeds from issue of shares Proceeds of borrowings Repayment of borrowings
57
-
2,128
1,407
(1,951) (2,113)
(1,407)
Repayments of interest bearing liabilities Net cash used in financing activities
(798)
(6,261) (23,915) 36,746
(3,649) 12,835 23,816
Net (decrease) / increase in cash and cash equivalents Cash and cash equivalents at the beginning of the financial year
Effects of exchange rate fluctuations on cash held
2
95
Cash and cash equivalents at the end of the financial year The accompanying notes form part of these financial statements.
18
12,833
36,746
Annual Report 2023 55
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