Statement of cash flows
|
NBN Co Group |
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|
30 June 2019 |
30 June 2018 |
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|
For the year ended |
Notes |
$m |
$m |
|
Cash flows from operating activities |
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|
Receipts from customers |
3,037 |
2,128 |
|
|
Payments to suppliers and employees |
(4,162) |
(4,220) |
|
|
Interest received |
10 |
20 |
|
|
Net cash used in operating activities |
(1,115) |
(2,072) |
|
|
Cash flows from investing activities |
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|
Receipts from term deposit facilities |
- |
140 |
|
|
Payments for property, plant and equipment |
(5,247) |
(5,222) |
|
|
Payments for intangible assets |
(496) |
(636) |
|
|
Net cash used in investing activities |
(5,743) |
(5,718) |
|
|
Cash flows from financing activities |
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|
Payments for finance leases and right of use licences |
(385) |
(297) |
|
|
Proceeds from borrowings |
7,522 |
5,531 |
|
|
Interest paid on borrowings |
(352) |
(70) |
|
|
Equity injection for ordinary shares by the Commonwealth of Australia |
- |
2,035 |
|
|
Net cash provided by financing activities |
6,785 |
7,199 |
|
|
Net decrease in cash and cash equivalents |
(73) |
(591) |
|
|
Cash and cash equivalents at the beginning of the year |
593 |
1,184 |
|
|
Cash and cash equivalents at the end of the year |
520 |
593 |
|
|
The above statement should be read in conjunction with the accompanying notes. |
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Visit
https://www.transparency.gov.au/annual-reports/nbn-co-limited/reporting-year/2018-2019-37