McConnell Dowell 2023 Annual Review

83 Changes in liabilities arising from financing activities All figures are in A$000’s 1 July 2022 Cash Flows New Loans 30 June 2023 Current interest- bearing loans and borrowings 83 (10,490) 35,457 25,050 Current obligations under finance leases and hire purchase contracts 103 (14) - 89 Current lease liabilities 6,853 (9,449) 14,493 11,897 Non-current interest-bearing loans and borrowings 11 (11) - - Non-current obligations under finance leases and hire purchase contracts 103 (82) - 21 Non-current lease liabilities 11,648 - 7,098 18,746 Total liabilities from financing activities 18,801 (20,046) 57,048 55,803 1 July 2021 Cash Flows 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 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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