Rangatira Annual Report 2023 - Flipbook - Page 78
78
R anga tira Annua l Rep or t 2 0 2 3
Rangatira Group
Notes to the Consolidated
Financial Statements (continued)
For the year ended 31 March 2023
Note 29 Cashflow Reconciliation
Definition of terms used in the Statement of Cashflow:
‘Cash and cash equivalents’ includes cash on hand, demand deposits, and other short term highly liquid investments that are readily
convertible to a known amount of cash and are subject to an insignificant risk of change in value. Bank overdrafts are shown within
borrowings in the Statement of Financial Position.
‘Operating activities’ include all transactions and other events that are not investing or financing activities.
‘Investing activities’ are those activities relating to the acquisition and disposal of current and non-current investments and any other
non current assets.
‘Financing activities’ are those activities relating to changes in the equity and debt capital structure of the Group and those activities
relating to the cost of servicing the Group’s equity capital.
Restated*
2023
2022
Note
$000
$000
Profit after tax
26,213
10,175
(1,205)
(7,679)
Add/(less) non-cash items:
Share of retained profit for the year from associate companies
Depreciation and amortisation
9-11
Other miscellaneous non-cash items
(Decrease) in deferred tax
9,109
7,461
(1,029)
(686)
(655)
(2,546)
Share based payment expense
183
Impairment loss on investment
Loss/(gain) on revaluation of financial assets at fair value through
profit or loss
314
823
-
6,717
(2,627)
(2,227)
2,384
Change in inventories
2,116
5,594
Change in tax receivable
(719)
-
(2,972)
816
(702)
-
Add/(less) movements in other working capital items:
Change in trade receivables
Change in other current assets
(Increase)/decrease in other current financial assets
Change in trade payables
822
(3,277)
1,461
(712)
Change in provisions
157
(2,033)
Change in other current financial liabilities
(32)
(81)
(2,096)
2,691
-
(24)
Change in current tax payable
Less items classified as investing activities:
Net gain on sale of investments
(Gain) / loss on disposal of property
(Gain) / loss on associate companies becoming subsidiaries
Net (gain)/loss on sale of fixed assets
Change in lease liabilities
Transaction costs capitalised to share capital
Net cash inflows from operating activities
26
(16,163)
613
-
(46)
(3)
4,187
(1,347)
(962)
(12,371)
(1,374)
18,463
8,865