McConnell Dowell 2020 Annual Review

93 Annual Review 2020 The Group classifies interest paid as cash flows from operating activities. Excessive Risk Concentration Concentrations arise when a number of counter parties are engaged in similar business activities, or activities in the same geographical region, or have economic features that would cause their ability to meet contractual obligations to be similarly effected by changes in economic, political or other conditions. Concentrations indicate the relative sensitivity of the Group’s performance to developments effecting a particular industry. In order to avoid excessive concentrations of risk, the Group’s policies and procedures includes specific guidelines to focus on maintaining a diversified portfolio. Identified concentrations of credit risks are controlled and managed accordingly. Changes in liabilities arising from financing activities All figures are in A$ 000’s 1 July 2019 Cash Flows Foreign Exchange Movement NewLoans AASB 16 Adoption 30 June 2020 Current interest-bearing loans and borrowings 12,303 (17,151) 85 10,750 - 5,987 Current obligations under finance leases and hire purchase contracts 44 (1,616) - 1,675 - 103 Current lease liabilities - (4,249) - 32 12,517 8,300 Non-current interest-bearing loans and borrowings 5,527 (1,495) (11) - - 4,021 Non-current obligations under finance leases and hire purchase contracts 160 (2,765) (1) 2,915 - 309 Non-current lease liabilities - - - 2,830 14,925 17,755 Total liabilities from financing activities 18,034 (27,276) 73 18,202 27,442 36,475 1 July 2018 Cash Flows Foreign Exchange Movement NewLoans AASB 16 Adoption 30 June 2019 Current interest-bearing loans and borrowings 11,753 (6,273) - 6,823 - 12,303 Current obligations under finance leases and hire purchase contracts 26 - - 18 - 44 Non-current interest-bearing loans and borrowings 8,267 (5,287) - 2,547 - 5,527 Non-current obligations under finance leases and hire purchase contracts 116 - - 44 - 160 Total liabilities from financing activities 20,162 (11,560) - 9,432 - 18,034