McConnell Dowell 2020 Annual Review

55 Annual Review 2020 All figures are in A$ 000’s Note 2020 2019 Cash flows from operating activities Receipts from customers 1,034,557 970,290 Payments to suppliers and employees (977,176) (999,612) Interest received 482 671 Finance costs 4 (4,296) (1,915) Income tax and other taxes paid (2,673) (2,915) Net cash inflows / (outflows) from operating activities 8 50,894 (33,481) Cash flows from investing activities Purchase of property, plant and equipment 9 (12,015) (14,697) Proceeds from the disposal of property, plant and equipment 9,887 7,105 Net cash used in investing activities (2,128) (7,592) Cash flows from financing activities Proceeds from borrowings 15,340 9,474 Repayment of borrowings (22,954) (11,602) Payment of principal portion of lease liabilities (4,249) - Net cash used in financing activities (11,863) (2,128) Net increase / (decrease) in cash and cash equivalents 36,903 (43,201) Cash and cash equivalents at the beginning of the period 102,843 141,762 Exchange movements on cash (542) 4,282 Cash and cash equivalents at the end of the period 8 139,204 102,843 The above Statement of Cash Flows is to be read in conjunction with the accompanying notes Statement of Cash Flows for the year ended 30 June 2020 Consolidated