BWP TRUST ANNUAL REPORT 2015
34
STATEMENT OF CASH FLOWS
For the year ended 30 June 2015
Note
June 2015
$000
June 2014
$000
Cash flows from operating activities
Rent received
162,950
141,339
Payments to suppliers
(19,408)
(20,911)
Payments to the responsible entity
(10,420)
(8,095)
Finance income
256
470
Finance costs
(25,553)
(20,388)
Net cash flows from operating activities
3
107,825
92,415
Cash flows from investing activities
Receipts from the sale of investment properties
70,766
-
Payments for purchase of, and additions to, investment properties
(116,974)
(379,465)
Net cash flows used in investing activities
(46,208)
(379,465)
Cash flows fromfinancing activities
Proceeds of borrowings
37,069
151,840
Proceeds from issue of units via pro-rata entitlement offer
-
200,156
Expenses incurred in pro-rata entitlement offer
-
(4,348)
Distributions paid
(78,286)
(59,616)
Net cash flows (used in)/fromfinancing activities
(41,217)
288,032
Net increase in cash
20,400
982
Cash at the beginning of the financial year
12,045
11,063
Cash at the end of the financial year
3
32,445
12,045
The statement of cash flows should be read in conjunction with the accompanying notes.
FINANCIAL REPORT
