CSL Annual Report 2024

Consolidated Entity 2024 2023 Notes US$m US$m Cash Flows from Operating Activities Profit before income tax expense 3,375 2,663 Adjustments for: Depreciation and amortisation 938 831 Inventory provisions 177 182 Share-based payment expense 169 139 Provision for expected credit losses 4 (4) Finance costs, net 437 406 Gain on disposal of property, plant and equipment (2) (57) Contingent consideration liabilities reversal (29) (32) Unrealised foreign exchange losses 53 41 Changes in operating assets and liabilities: (Increase)/decrease in receivables and contract assets (766) 28 Increase in inventories (780) (907) Increase in trade and other payables 445 197 (Decrease)/increase in provisions and other liabilities (41) 51 Income tax paid (784) (563) Finance costs, net paid (432) (374) Net cash inflow from operating activities 2,764 2,601 Cash flows from Investing Activities Payments for property, plant and equipment (849) (1,228) Proceeds from sale of property, plant and equipment 2 111 Payments for intangible assets (409) (464) Payments for business acquisition, net of cash acquired — (10,534) (Payments)/proceeds from financial assets (3) 272 Net cash outflow from investing activities (1,259) (11,843) Cash flows from Financing Activities Proceeds from issue of shares 40 34 Dividends paid to CSL Limited shareholders 9 (1,192) (1,085) Dividends paid to non-controlling interests 21 (74) (154) Proceeds from borrowings 2,058 2,539 Repayment of borrowings (2,017) (798) Principal payments of lease liabilities (99) (80) Net cash (outflow)/inflow from financing activities (1,284) 456 Net increase/(decrease) in cash and cash equivalents 221 (8,786) Cash and cash equivalents at the beginning of the financial year 1,509 10,334 Exchange rate variations on foreign cash and cash equivalent balances (87) (39) Cash and cash equivalents at the end of the year 1,643 1,509 Reconciliation of cash and cash equivalents in the statement of cash flows: Cash and cash equivalents 1,657 1,548 Bank overdrafts (14) (39) Cash and cash equivalents at the end of the year 1,643 1,509 The consolidated statement of cash flows should be read in conjunction with the accompanying notes. 109 Consolidated Statement of Cash Flows For the Year Ended 30 June 2024

RkJQdWJsaXNoZXIy MjE2NDg3