Interpreting a statement of cash flows COMO LIMITED STATEMENTS OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2022 Consolidated 2022 2021

$000 $000 Cash flows provided by operating activities:

Cash receipts from customers 753 647 666 154 Cash payments to suppliers and employees (565 244) (475 441)

Dividends received — 1 019 Interest received 6 316 4 312 Interest paid (27 007) (22 015)

Income taxes paid (49 732) (19 372)

Net cash provided by operating activities 117 980 154 657 Cash flows used in investing activities:
Purchase of property, plant and equipment (44 458) (32 070)
Purchase of/proceeds from sale of businesses (2 803) (142 303)
Proceeds from sale of property, plant and equipment 326 417 Net cash used in investing activities (46 935) (173 956)
Cash flows provided by/(used in) financing activities:
Repayment of borrowings (126 500) (1 919)
Dividends paid (45 330) (36 204)
Proceeds from borrowings 94 581 96 500 Net cash provided by/(used in) financing activities (77 249) 58 377 Net increase/(decrease) in cash 6 204 39 078 Cash at the beginning of the financial year 122 946 83 868 Cash at the end of the financial year 116 742 122 946 1 Explain the main differences in cash flows between 2021 and 2022.
2 Comment on Como’s cash flow position in 2022.