Vector AR’19 ― financial statements (continued)
CASH FLOWS for the year ended 30 June
2019 $M
2018 $M
NOTE
CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers
1,316.5
1,312.2
1.1
Interest received Dividends received
2.0 0.5
–
(765.3) (142.6)
Payments to suppliers and employees
(736.5) (127.0)
Interest paid
(61.6)
Income tax paid
(61.3)
Net cash flows from/(used in) operating activities
348.1
21.1
389.9
CASH FLOWS FROM INVESTING ACTIVITIES Proceeds from sale of PPE and software intangibles
0.6
0.4 7.8
–
Proceeds from sale of investments
(418.4)
Purchase and construction of PPE and software intangibles
(386.8)
(8.0)
Acquisition of businesses
(1.7) (1.4)
–
Post-completion payment for acquisition of businesses
(1.6)
Other investments
(14.0)
Net cash flows from/(used in) investing activities
(427.4)
(395.7)
CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from borrowings
535.0
570.8
(285.6) (164.1)
Repayment of borrowings
(400.0) (163.9)
Dividends paid
–
Sale of treasury shares Lease liabilities payments Other financing cash flows
14.0
(6.2) (0.1)
–
(2.1)
Net cash flows from/(used in) financing activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at beginning of the period Cash and cash equivalents at end of the period
79.0
21.2
18.8 13.0 14.9 27.9
(0.3)
27.9 27.6
Cash and cash equivalents comprise: Bank balances and on-call deposits
22.0
19.6
5.6
Short-term deposits
8.3
27.6
21.3
27.9
― 54
Made with FlippingBook HTML5