34 ANNUAL REPORT  2013  KATHMANDU statements of cash flows FOR THE YEAR ENDED 31 JULY 2013 GROUP PARENT Note 2013 2012 2013 2012 NZ$’000 NZ$’000 NZ$’000 NZ$’000 Cash flows from operating activities Cash was provided from: Receipts from customers 384,515 345,974 - - Dividends received - - 20,018 20,000 Income tax received - - 462 257 Interest received 50 131 - - 384,565 346,105 20,480 20,257 Cash was applied to: Payments to suppliers and employees 315,892 291,626 1,415 1,567 Income tax paid 18,411 16,002 - - Interest paid 4,586 5,949 - - 338,889 313,577 1,415 1,567 Net cash inflow from operating activities 6 45,676 32,528 19,065 18,690 Cash flows from investing activities Cash was provided from: Proceeds from sale of property, plant and equipment 10 32 - - 10 32 - - Cash was applied to: Purchase of property, plant and equipment 12 14,819 17,868 - - Purchase of intangibles 13 2,600 3,985 7 - 17,419 21,853 7 - Net cash (outflow) from investing activities (17,409) (21,821) (7) - Cash flows from financing activities Cash was provided from: Proceeds of loan advances 96,225 206,226 941 1,331 96,225 206,226 941 1,331 Cash was applied to: Dividends paid 20,018 20,000 20,018 20,000 Repayment of loan advances 103,758 199,040 - - 123,776 219,040 20,018 20,000 Net cash inflow / (outflow) from financing activities (27,551) (12,814) (19,077) (18,669) Net increase / (decrease) in cash held 716 (2,107) (19) 21 Opening cash and cash equivalents  1,811 3,574 26 5 Effect of foreign exchange rates (182) 344 (2) - Closing Cash 7 2,345 1,811 5 26