IMF Bentham Limited Annual Report 2018

Statement of Cash Flows for the year ended 30 June 2018 Consolidated Note 2018 $’000 2017 $’000 Cash flows from operating activities Payments to suppliers and employees (44,316) (35,136) Interest income 2,225 2,742 Interest paid (8,303) (6,919) Income tax paid (13,231) (11,567) Net cash flows (used in) operating activities 8 (63,625) (50,880) Cash flows from investing activities Proceeds from litigation funding - settlements, fees and reimbursements 94,893 116,256 Payments for litigation funding - external costs (106,999) (85,540) Payments for litigation funding - capitalised overhead and employee costs (6,419) (5,909) Purchase of plant and equipment (236) (979) Loans made to third parties (521) (9) Fund establishment costs (4,226) (7,450) Investment in joint venture – 5,850 Net cash flows from/(used in) investing activities (23,508) 22,219 Cash flows from financing activities Dividends paid (8,093) (13,311) Notes proceeds – 40,400 Cost of issuing notes – (1,253) Distributions to non-controlling interests (9,694) – Contributions from non-controlling interests 114,855 7,209 Net cash flows from financing activities 97,068 33,045 Net increase in cash and cash equivalents held 9,935 4,384 Net foreign exchange difference 5,405 (2,022) Cash and cash equivalents at beginning of year 144,891 142,529 Cash and cash equivalents at end of year 11 160,231 144,891 The above Cash Flow Statement should be read in conjunction with the accompanying notes. 64