Consolidated Statement of Cash Flows For the Year Ended 30 June 2022 Consolidated Entity Notes 2022 US$m 2021 US$m Cash Flows from Operating Activities Profit before income tax expense 2,779.6 2,963.1 Adjustments for: Depreciation, amortisation and impairment 668.3 589.6 Inventory provisions 223.8 208.3 Share-based payment expense 116.8 91.8 Provision for expected credit losses 3.4 3.5 Finance costs 165.2 170.8 Loss/(gain) on disposal of property, plant and equipment 1.3 (0.3) Contingent consideration liabilities reversal 1 (62.5)* – Unrealised foreign exchanges (gains)/losses (60.2) 70.4 Changes in operating assets and liabilities: (Increase)/decrease in receivables and contract assets (44.6) 36.5 Increase in inventories (902.3) (367.7) Increase in trade and other payables 337.3* 454.9 (Decrease)/increase in provisions and other liabilities (102.7) 56.4 Income tax paid (457.1) (494.5) Finance costs paid (172.3) (160.9) Proceeds from settlement of treasury lock 3 134.7 – Net cash inflow from operating activities 2,628.7 3,621.9 Cash flows from Investing Activities Payments for property, plant and equipment (1,078.8) (1,196.3) Payments for intangible assets (168.9) (470.8) Payments for equity securities 2 (387.7) – Payments for other investing activities (0.7) (6.1) Net cash outflow from investing activities (1,636.1) (1,673.2) Cash flows from Financing Activities Proceeds from issue of shares 4,988.4 56.4 Dividends paid 10 (1,038.7) (958.0) Proceeds from borrowings 11 4,092.7 38.7 Repayment of borrowings 11 (316.4) (470.9) Principal payments of lease liabilities (52.6) (64.5) Other financing activities 2.5 (3.5) Net cash inflow/(outflow) from financing activities 7,675.9 (1,401.8) Net increase in cash and cash equivalents 8,668.5 546.9 Cash and cash equivalents at the beginning of the financial year 1,730.1 1,151.3 Exchange rate variations on foreign cash and cash equivalent balances (64.2) 31.9 Cash and cash equivalents at the end of the year 10,334.4 1,730.1 Reconciliation of cash and cash equivalents in the statement of cash flows: Cash and cash equivalents 10,436.4 1,808.8 Bank overdrafts (102.0) (78.7) Cash and cash equivalents at the end of the year 10,334.4 1,730.1 The consolidated statement of cash flows should be read in conjunction with the accompanying notes. * These numbers have been revised from those published on 17 August 2022. CSL Limited Annual Report 2021/22 101
RkJQdWJsaXNoZXIy MjE2NDg3