Annual Report Final 2 - Flipbook - Page 38
Statement of Cash Flows
For the Year Ended 30 June 2023
2023 ($)
2022 ($)
130,180,746
133,106,707
(144,731,219)
(122,726,047)
1,009,553
678,775
(13,540,920)
11,059,345
Proceeds from financial assets – net
(2,778,501)
942,668
Purchase for property, plant and equipment
(1,565,129)
(1,120,256)
91,420
112,990
(4,252,210)
(64,598)
Repayment of lease liabilities
(863,427)
(1,206,633)
Interest paid
(226,787)
(182,011)
(1,090,214)
(1,388,644)
(18,883,344)
9,606,193
Cash and cash equivalents at the beginning of the financial year
29,969,300
20,363,107
Cash and cash equivalents at the end of the financial year
11,085,956
29,969,300
Cash flows from operating activities:
Receipts of grants & other receipts
Payments to suppliers and employees*
Interest received
Net cash provided by operating activities
Cash flow from investing activities:
Proceeds from property, plant and equipment
Net cash provided by investing activities
Cash flow from financing activities:
Net cash provided by investing activities
Net (decrease) / increase in cash and cash equivalents
*$10,184,894 increase relates to Refundable Accommodation Deposits
(18.9m)
Net (decrease) / increase in cash
and cash equivalents
38
30
.0
m
9.
6m
refunded due to the closure of the Residential Aged Care Facility.
11.1m
Cash and cash equivalents at the end
of the financial year