McConnell Dowell 2018 Annual Review

McConnell Dowell Financial Statements 2018 11 Statement of Cash Flows For the year ended 30 June 2018 All figures are in A$ 000’s Note 2018 2017 Cash flows from operating activities Receipts from customers 1,224,888 900,604 Payments to suppliers and employees (1,187,835) (948,275) Interest received 961 685 Other finance costs (1,753) (3,413) Income tax and other taxes paid (4,077) (6,903) NET CASH INFLOWS / (OUTFLOWS) FROM OPERATING ACTIVITIES 9 32,184 (57,302) Cash flows from investing activities Purchase of property, plant and equipment (11,313) (15,690) Proceeds from the disposal of property, plant and equipment 17,080 20,181 Repayments from / (loans to) associates 1,685 1,100 NET CASH FROM INVESTING ACTIVITIES 7,452 5,591 Cash flows from financing activities Proceeds from parent company loan 32,000 38,000 Repayment of parent company loan (45,000) - Proceeds from borrowings 7,759 19,006 Repayment of borrowings (9,204) (9,144) Interest paid (1,096) (1,134) Equity dividends paid 5 (110) (278) NET CASH USED IN FINANCING ACTIVITIES (15,651) 46,450 Net increase / (decrease) in cash and cash equivalents 23,985 (5,261) Cash and cash equivalents at the beginning of the period 120,443 127,562 Exchange movements on cash (2,666) (1,858) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD 9 141,762 120,443 The above Statement of Cash Flows is to be read in conjunction with the accompanying notes Consolidated McConnell Dowell Annual Revi w 2018 47