Consolidated statement of cash flows
For the period ended 30 June 2019
|
$million |
Note |
2019 |
Restated* 2018 |
|---|---|---|---|
|
Receipts from customers |
3,069.6 |
2,834.1 |
|
|
Payments to suppliers & employees |
(2,400.2) |
(2,180.9) |
|
|
Interest received |
0.9 |
0.8 |
|
|
Interest and other costs of finance paid |
(42.4) |
(42.4) |
|
|
Income tax paid, net of refunds received |
(192.1) |
(182.3) |
|
|
Net cash provided by operating activities |
435.8 |
429.3 |
|
|
Cash flows from investing activities |
|||
|
Payments for property, plant & equipment |
(547.0) |
(99.1) |
|
|
Proceeds from sale of property, plant & equipment |
0.3 |
0.3 |
|
|
Payments for intangible assets |
(41.8) |
(37.1) |
|
|
Payments for other investing activities |
(124.9) |
- |
|
|
Net cash used in investing activities |
(713.4) |
(135.9) |
|
|
Cash flows from financing activities |
|||
|
Drawdown / (Repayment) of borrowings |
526.9 |
(27.1) |
|
|
Payment for debt issues |
(0.5) |
(2.6) |
|
|
Dividends paid |
(238.5) |
(265.0) |
|
|
Net cash provided by / (used in) financing activities |
287.9 |
(294.7) |
|
|
Net increase / (decrease) in cash |
10.3 |
(1.3) |
|
|
Cash at beginning of the period |
32.7 |
34.0 |
|
|
Cash at end of the period |
43.0 |
32.7 |
*The prior period financial information has been restated, as described in Note 2 of the Financial Statements.
The consolidated statement of cash flows should be read in conjunction with the notes to the consolidated financial statements.
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https://www.transparency.gov.au/annual-reports/snowy-hydro-limited/reporting-year/2018-2019-46