CONSOLIDATED STATEMENT OF CASH FLOWS The above consolidated statement of cash flows should be read in conjunction with the accompanying notes. Notes 2014  $’000 2013  $’000 CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers 1,035,629 1,010,895 Payments to suppliers and employees (908,094) (840,977) Dividends and distributions received 20,865 7,654 Interest and other items of similar nature received 4,665 7,733 Finance costs (29,487) (33,083) Income taxes paid (26,865) (1,483) Net cash flows from (used in) operating activities 6(b) 96,713 150,739 CASH FLOWS FROM INVESTING ACTIVITIES Purchases of property, plant & equipment (135,784) (131,118) Purchases of software and other intangibles (17,060) (13,928) Proceeds from sale of property, plant & equipment 125 208 Purchase of equity investments (9,284) (7,122) Proceeds on sale of investments/businesses 43,524 2,006 Loans to (or repaid to) other entities – (400) Loans from (or repaid by) other entities 4,534 13,278 Net cash flows from (used in) investing activities (113,945) (137,076) CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from borrowings 126,770 24,589 Proceeds from issues of shares 187 9,930 Repayment of borrowings/derivatives (45,191) (59,561) Dividends and distributions paid (62,202) (36,055) Capital reduction (19,139) – Net cash flows from (used in) financing activities 425 (61,097) Net (decrease) in cash and cash equivalents (16,807) (47,434) Cash and cash equivalents at beginning of year 146,909 193,574 Effects of exchange rate changes on cash 280 769 Cash and cash equivalents at end of year 6(a) 130,382 146,909 Total cash classified as: Continuing operations 130,382 146,909 Total cash and cash equivalents at end of the period 130,382 146,909 For the year ended 30 June 2014 36 VILLAGE ROADSHOW LIMITED CLOSE FILE X