Page 43 - Bauxite Resources Annual Report 2013

Statement of Cash Flow
Year Ended 30 June 2013
Notes Consolidated Group
2013
$
2012
$
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers 1,525,805 4,512,194
Payments to suppliers and employees (3,549,300) (7,852,448)
Payments for exploration expenditure (4,378,620) (4,862,860)
Interest received 2,065,626 2,733,124
Income tax received/(paid) (7,051) (2,475)
NET CASH INFLOW/(OUTFLOW) FROM OPERATING ACTIVITIES 25 (4,343,540) (5,472,465)
CASH FLOWS FROM INVESTING ACTIVITIES
Recoup/(payment)of security deposit 223,601 (38,173)
Receipts from sales of property, plant & equipment 348,682 722,320
Payments for property, plant and equipment (139,800) (307,177)
Expenditure on mining improvements - -
NET CASH INFLOW/ (OUTFLOW) FROM INVESTING ACTIVITIES 432,483 376,970
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issues of ordinary shares - -
Payment for buyback of shares (238,880) -
Payment of share issue costs - -
NET CASH INFLOW FROM FINANCING ACTIVITIES (238,880) -
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS (4,149,937) (5,095,496)
Cash and cash equivalents at the beginning of the financial year 48,031,090 53,126,585
CASH AND CASH EQUIVALENTS AT THE END OF THE FINANCIAL YEAR 7 43,881,153 48,031,090
The above statements should be read in conjunction with the notes to the financial statements.
Annual Report 2013 Bauxite Resources 41