Financial Statements 2022 83 Changes in liabilities arising from financing activities All figures are in A$000’s 1 July 2021 Cash Flows Foreign Exchange Movement New Loans 30 June 2022 Current interest- bearing loans and borrowings 2,864 (2,782) - - 83 Current obligations under finance leases and hire purchase contracts 97 6 - - 103 Current lease liabilities 8,852 (7,838) - 5,839 6,853 Non-current interest-bearing loans and borrowings 1,139 (1,128) - - 11 Non-current obligations under finance leases and hire purchase contracts 195 (92) - - 103 Non-current lease liabilities 13,581 (1,933) - - 11,648 Total liabilities from financing activities 26,728 (13,767) - 5,839 18,801 1 July 2020 Cash Flows Foreign Exchange Movement New Loans 30 June 2021 Current interest- bearing loans and borrowings 5,987 (3,123) - - 2,864 Current obligations under finance leases and hire purchase contracts 103 (6) - - 97 Current lease liabilities 8,300 (10,780) - 11,332 8,852 Non-current interest-bearing loans and borrowings 4,021 (2,882) - - 1,139 Non-current obligations under finance leases and hire purchase contracts 309 (114) - - 195 Non-current lease liabilities 17,755 (4,174) - - 13,581 Total liabilities from financing activities 36,475 (21,079) - 11,332 26,728 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. 20. Financial risk management objectives and policies (continued)
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