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82
AXIOM MINING LIMITED
ANNUAL REPORT 2015
COMPANY FINANCIAL REPORT
Statement of cash flows
for the year ended 30 September 2015
Notes
2015
AU$000
2014
AU$000
Net cash used in operating activities
20
(4,359)
(9,468)
Cash flows from investing activities
Purchase of items of property, plant and equipment
(66)
(7)
Advances to subsidiaries
(10,525)
(4,837)
Net cash flow used in investing activities
(10,591)
(4,844)
Cash flows from financing activities
Proceeds from issue of shares
7,920
15,243
Proceeds from borrowings
6,080
650
Repayment of borrowings
(87)
(13)
Net cash flow from financing activities
13,913
15,880
Net (decrease)/increase in cash and cash equivalents
(1,037)
1,568
Cash and cash equivalents at beginning of year
2,207
639
Cash and cash equivalents at end of year
11
1,170
2,207