XXXX CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE FINANCIAL YEAR ENDED 30 JUNE 2021 FOR THE FINANCIAL YEAR ENDED 30 JUNE 2022
2022 $
2021 $
Cash Flows from Operating Activities Receipts from customers and suppliers
35,147,874
32,204,334
Payments to suppliers and employees
(33,635,737)
(33,089,811)
Interest received
6,699
7,379
Interest Paid
(53,179)
(183,203)
Income Tax Paid
(249,774)
(60,807)
1,215,883
Net cash (outflow) / inflow from operating activities
(1,122,108)
Cash Flows from Investing Activities Payments for Intangibles
(182,094)
(49,418)
Payments for plant and equipment
(131,555)
(86,080)
(313,649)
Net cash outflow from investing activities
(135,498)
Cash Flows from Financing Activities Proceeds from share issue
600
9,250
Increase / (Decrease) of finance facility
(258,415)
1,678,527
Decrease in members’ deposits
(292,263)
(180,700)
(Decrease) / Increase in credit card usage
379
(43,650)
Decrease in premium funding usage
(14,044)
-
Lease principal payments (Warehouse)
(399,584)
(379,245)
(963,327)
Net cash outflow from financing activities
1,084,182
(61,093)
Net (decrease) / increase in cash and cash equivalents
(173,424)
1,076,360
Cash and cash equivalents at beginning of the financial year
1,015,267
1,015,267
Cash and cash equivalents at end of the financial year
5 (c)
841,843
The accompanying notes form part of these financial statements.
GO VITA GROUP LIMITED ANNUAL REPORT 2021-2022 I 47
Made with FlippingBook Learn more on our blog