McConnell Dowell 2024 Financial Statements

31 All figures are in A$000's Note 2024 2023 (i) Reconciliation of cash Cash at the end of the financial period as shown in the statement of cash flows is reconciled to the related items in the statement of financial position as follows: Cash at bank 153,365 97,236 Cash in joint operations 8(a) 79,037 79,608 Cash on hand 67 64 Total cash and cash equivalents 232,469 176,908 8(a) - Cash assets held in joint operations are available for use by the Group with the approval of the joint operation partners (ii) Reconciliation of net cash flows from operating activities to operating (loss) / profit after tax Net profit / (loss) after tax from continuing operations 49,760 (66,573) Depreciation of property, plant & equipment 9 (a) 12,905 16,484 Depreciation of right of use assets 9 (b) 14,241 9,504 Share of associated companies losses 102 182 Effect of foreign exchange movements 551 1,963 Net gain on disposal of fixed assets (3,145) (1,255) Increase in trade and other receivables (88,738) (79,454) Increase in contact assets (36,664) (37,871) (Increase) in inventory (1,520) (625) (Increase) / Decrease in deferred tax asset (8,633) 2,165 Increase in trade & other payables 99,968 92,722 Increase in contract liabilities 46,929 26,216 Increase in provisions 28,783 8,212 Increase in income tax payable / (receivable) 6,948 897 Net cash inflow / (outflow) from operating activities 121,487 (27,433) Consolidated 8. Statement of cash flows reconciliation

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