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STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 JUNE 2016
Note
June 2016
$000
June 2015
$000
Cash flows from operating activities
Rent received
167,674
162,950
Payments to suppliers
(25,325)
(19,408)
Payments to the responsible entity
(11,686)
(10,420)
Finance income
116
256
Finance costs
(24,403)
(25,553)
Net cash flows from operating activities
3
106,376
107,825
Cash flows from investing activities
Receipts from the sale of investment properties
7,519
70,766
Payments for purchase of, and additions to, investment properties
(13,507)
(116,974)
Net cash flows used in investing activities
(5,988)
(46,208)
Cash flows fromfinancing activities
(Repayments)/proceeds of borrowings
(13,068)
37,069
Distributions paid
(105,736)
(78,286)
Net cash flows used in financing activities
(118,804)
(41,217)
Net (decrease)/increase in cash
(18,416)
20,400
Cash at the beginning of the financial year
32,445
12,045
Cash at the end of the financial year
3
14,029
32,445
The statement of cash flows should be read in conjunction with the accompanying notes.
BWP Trust Annual Report 2016
30
Financial Report