Elixinol Wellness Annual Report 2021

Group Note 2021 $’000 2020 $’000 Cash flows from operating activities Receipts from customers (inclusive of GST) , ¡£,¢¨« Payments to suppliers and employees (inclusive of GST) ( , ) (©¤,¡§¢) Government grants ©ª« Interest received ¡¢¢ Interest and other finance costs paid ( ) (¡«) Income taxes refunded – Income taxes paid – (£ª) Net cash used in operating activities ©£ ( , ) (§§,ª§¡) Cash flows from investing activities Payments for property, plant and equipment ( ) (§¨«) Payments for intangibles ( ) (©©) Proceeds from disposal of business – §©¢ Proceeds from disposal of property, plant and equipment §,ª«§ Net cash from investing activities §,««£ Cash flows from financing activities Proceeds from issue of shares §¡ – ©¡,£¤¥ Share issue transaction costs §¡ ( ) (§,«¡¨) Repayment of lease liabilities ( , ) (¡,£¡£) Net cash (used in)/from financing activities ( , ) §¤,«£« Net (decrease)/increase in cash and cash equivalents ( , ) ¤,£¤¥ Cash and cash equivalents at the beginning of the financial year , §¢,©¤© Effects of exchange rate changes on cash and cash equivalents ( ) (¡¢¥) Cash and cash equivalents at the end of the financial year ¨ , §¤,¤£© The above consolidated statement of cash flows should be read in conjunction with the accompanying notes Consolidated Statement of Cash Flows for the year ended 31 December 2021 F INANCI AL REPORT 36 Elixinol Wellness Limited | Annual Report 2021