Racing Australia Annual Report 2015
| 63
STATEMENT OF CASH FLOWS
For the year ended 30 June 2015
Note
Consolidated entity
Parent entity
2015
$
2014
$
2015
$
2014
$
Cash flow from
operating activities
Receipts from customers
12,728,654
7,722,120
12,852,010
7,631,840
Payments to suppliers and
employees
(6,692,757)
(4,591,812)
(6,910,254)
(4,500,985)
Payments to financiers
(567,517)
(28,977)
(565,545)
(28,171)
Payments of non-repayable
grants
(81,067)
-
(81,067)
-
Interest received
78,633
53,889
76,878
50,610
Net cash provided by
operating activities
15 (b)
5,465,946
3,155,220
5,372,022
3,153,294
Cash flow from
investing activities
Payment for property, plant
and equipment and Intangibles
(781,253)
(1,581,646)
(717,187)
(1,581,646)
Payment for purchase of ASB
(17,973,765)
-
(17,973,765)
-
Transfers in
76,333
-
-
-
Net cash (used) in investing
activities
(18,678,685)
(1,581,646)
(18,690,952)
(1,581,646)
Cash flow from
financing activities
Proceeds from borrowings
13,396,267
-
13,396,267
-
Net cash provided by investing
activities
13,396,267
-
13,396,267
-
Net (decrease)/ increase in
cash held
183,528
1,573,574
77,337
1,571,648
Cash and cash equivalents at
beginning of financial year
5,836,037
4,262,463
5,750,822
4,179,174
Cash and cash equivalents at
end of financial year
15 (a)
6,019,565
5,836,037
5,828,159
5,750,822
The accompanying notes form part of these financial statements.
Racing Australia Pty Ltd
| ACN 105 994 330 and Controlled Entities | Annual Report for the Financial Year Ended 30 June 2015
