b'EQUESTRIAN AUSTRALIA LIMITEDABN 19 077 455 755STATEMENT OF CASH FLOWSFOR THE YEAR ENDED 30 JUNE 20192019 2018Note $ $Cash flows from operating activitiesGovernment grants received 4,118,8432,631,907 Other receipts in the course of operations 2,705,1333,553,821 Payments to suppliers and employees (6,634,398) (5,265,300)Interest received 2,8772,428 Net cash provided by / (used in) operating activities 20 (ii)192,455922,856 Cash flows from investing activitiesProceeds from sale of property, plant and equipment - -Payments for property, plant and equipment (10,781) (9,092)Payments for intangible assets - -Net cash provided by / (used in) investing activities (10,781) (9,092)Cash flows from financing activitiesRepayment of borrowings 15 - (209,299)Net cash provided by / (used in) financing activities - (209,299)Net increase (decrease) in cash held 181,674704,466 Cash on hand at beginning of the financial year 1,543,377838,911 Cash at end of the financial year 20 (i)1,725,0521,543,377 The accompanying notes on pages 13 to 33 form an integral part of this financial report. \x03The accompanying notes on pages 53-73 form an integral part of these accounts52'