IGO Interactive Annual Report 2019

Consolidated statement of cash flows For the year ended 30 June 2019 Notes 2019 $'000 2018 $'000 Cash flows from operating activities Receipts from customers (inclusive of GST) 841,684 783,395 Payments to suppliers and employees (inclusive of GST) (426,194) (457,652) 415,490 325,743 Interest and other costs of finance paid (4,538) (7,896) Interest received 3,973 659 Payments for exploration activities (54,123) (40,729) Receipts from other operating activities 11,508 28 Net cash inflow from operating activities 7(a) 372,310 277,805 Cash flows from investing activities Interest and other costs of finance paid - (1,008) Payments for property, plant and equipment (16,384) (20,498) Proceeds from sale of property, plant and equipment and other investments 3,268 198 Payments for development expenditure (78,056) (114,536) Payments for purchase of listed investments (6,652) (8,919) Payments for capitalised exploration and evaluation expenditure (11,753) (5,162) Net proceeds on sale of Stockman Project 10,000 21,782 Net proceeds on sale Jaguar Operation 16,764 23,140 Net cash (outflow) from investing activities (82,813) (105,003) Cash flows from financing activities Repayment of borrowings 16 (57,142) (57,142) Payment of dividends 19 (23,619) (11,736) Net cash (outflow) from financing activities (80,761) (68,878) Net increase in cash and cash equivalents 208,736 103,924 Cash and cash equivalents at the beginning of the period 138,688 35,763 Effects of exchange rate changes on cash and cash equivalents 784 (999) Cash and cash equivalents at the end of the period 7 348,208 138,688 The above consolidated statement of cash flows should be read in conjunction with the accompanying notes. Independence Group NL 6 CONSOLIDATED STATEMENT OF CASH FLOWS 30 JUNE 2019 70 — IGO ANNUAL REPORT 2019