Racing Australia_Annual Report 2021_A4_v16_FA_Single Pages

RACING AUSTRALIA ANNUAL REPORT 2021 39 STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2021 Consolidated Entity Parent Entity Note 2021 $ 2020 $ 2021 $ 2020 $ Cash flow from operating activities Receipts from customers 16,817,175 15,001,269 16,757,334 15,109,223 Payments to suppliers and employees (8,999,027) (10,223,138) (8,949,841) (10,305,814) Payments of non-repayable grant (3,000,000) - (3,000,000) - Finance costs (133,773) (138,506) (133,589) (137,607) Interest received 1,840 4,973 1,840 4,855 Net cash provided by operating activities 4,686,215 4,644,598 4,675,744 4,670,657 Cash flow from investing activities Payments for property, plant, and equipment (99,685) (409,986) (99,685) (409,986) Payments for intangible assets (2,156,084) (1,806,727) (2,156,084) (1,806,727) Net cash (used) in investing activities (2,255,769) (2,216,713) (2,255,769) (2,216,713) Net (decrease) / increase in cash held 2,430,446 2,427,885 2,419,975 2,453,944 Cash and cash equivalents at beginning of financial year 5,911,599 3,483,714 5,911,318 3,457,374 Cash and cash equivalents at end of financial year 13 8,342,045 5,911,599 8,331,293 5,911,318 The accompanying notes form part of these financial statements.

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