IGO Interactive Annual Report 2018

Consolidated statement of cash flows For the year ended 30 June 2018 Notes 2018 $'000 2017 $'000 Cash flows from operating activities Receipts from customers (inclusive of goods and services tax) 783,395 416,375 Payments to suppliers and employees (inclusive of goods and services tax) (457,652) (319,667) 325,743 96,708 Interest and other costs of finance paid (7,896) - Interest received 659 2,201 Payments for exploration and growth activities (40,729) (21,771) Receipts from other operating activities 28 540 Net cash inflow from operating activities 7(a) 277,805 77,678 Cash flows from investing activities Interest and other costs of finance paid (1,008) (13,431) Payments for property, plant and equipment (20,498) (14,564) Proceeds from sale of property, plant and equipment and other investments 198 2,418 Payments for purchase of listed investments (8,919) (5,994) Payments for development expenditure (114,536) (220,481) Payments for capitalised exploration and evaluation expenditure (5,162) (3,662) Payment for acquisition of subsidiary, net of cash acquired - (17,574) Net proceeds on sale Jaguar Operation 23,140 - Net proceeds on sale of Stockman Project 21,782 - Net cash (outflow) from investing activities (105,003) (273,288) Cash flows from financing activities Proceeds from issues of shares 17(b) - 281,459 Share issue transaction costs - (7,526) Repayment of borrowings 16 (57,142) (71,000) Payment of dividends 19 (11,736) (17,601) Net cash (outflow) inflow from financing activities (68,878) 185,332 Net increase (decrease) in cash and cash equivalents 103,924 (10,278) Cash and cash equivalents at the beginning of the period 35,763 46,264 Effects of exchange rate changes on cash and cash equivalents (999) (223) Cash and cash equivalents at the end of the period 7 138,688 35,763 The above consolidated statement of cash flows should be read in conjunction with the accompanying notes. Independence Group NL 6 70 — IGO ANNUAL REPORT 2018 CONSOLIDATED STATEMENT OF CASH FLOWS 30 JUNE 2018