26 | AVENTUS RETAIL PROPERTY FUND
Notes
2017
$m
2016
$m
Cash flows from operating activities
Rental and other property revenue received 141.3 81.9
Other revenue received 2.3 1.0
Payments to suppliers (56.6) (39.9)
Finance costs paid (14.4) (11.3)
Net cash inflows from operating activities 21(a) 72.6 31.7
Cash flows from investing activities
Payments for capital expenditure (21.8) (20.3)
Payments for businesses (including transaction costs) net of cash acquired (46.2) (452.5)
Net cash outflows from investing activities (68.0) (472.8)
Cash flows from financing activities
Proceeds from issue of units 214.7 407.8
Unit issue transaction costs (2.6) (7.2)
Proceeds from borrowings 54.0 500.5
Repayment of borrowings (186.7) (432.8)
Redemption of units (0.5)
Return of capital (0.2)
Distributions paid (54.4) (22.5)
Net cash inflows from financing activities 25.0 445.1
Net increase in cash and cash equivalents 29.6 4.0
Cash at the beginning of the financial year 4.3 0.3
Cash at the end of the financial year 8 33.9 4.3
The consolidated statement of cash flows should be read in conjunction with the accompanying notes.
CONSOLIDATED
STATEMENT OF
CASH FLOWS
FOR THE FINANCIAL YEAR ENDED 30 JUNE 2017
26 |  AVENTUS RETAIL PROPERTY FUND CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2017 2017 $m 2016 $m 141.3 81.9 Other revenue received 2.3 1.0 Payments to suppliers (56.6) (39.9) Finance costs paid (14.4) (11.3) 72.6 31.7 Payments for capital expenditure (21.8) (20.3) Payments for businesses (including transaction costs) net of cash acquired (46.2) (452.5) Net cash outflows from investing activities (68.0) (472.8) 214.7 407.8 Unit issue transaction costs (2.6) (7.2) Proceeds from borrowings 54.0 500.5 Repayment of borrowings (186.7) (432.8) Redemption of units – (0.5) Return of capital – (0.2) Distributions paid (54.4) (22.5) Net cash inflows from financing activities 25.0 445.1 Net increase in cash and cash equivalents 29.6 4.0 Cash at the beginning of the financial year 4.3 0.3 33.9 4.3 Notes Cash flows from operating activities Rental and other property revenue received Net cash inflows from operating activities 21(a) Cash flows from investing activities Cash flows from financing activities Proceeds from issue of units Cash at the end of the financial year The consolidated statement of cash flows should be read in conjunction with the accompanying notes. 8