For the Year Ended 30 June 2009
| |
Note |
Economic Entity |
Parent Entity |
| |
2009 |
2008 |
2009 |
2008 |
| |
$ |
$ |
$ |
$ |
| CASH FLOWS FROM OPERATING ACTIVITIES |
| Receipts from customers |
|
4,621,318 |
3,616,539 |
- |
541,386 |
| Other revenue |
|
26,891,156 |
- |
26,891,156 |
- |
| Payments to suppliers and employees |
|
(22,704,941) |
(11,635,294) |
(4,517,172) |
(3,236,714) |
| Interest received |
|
482,639 |
226,516 |
484,573 |
228,065 |
| Finance costs |
|
(245,220) |
(277,861) |
(71,628) |
(37,634) |
| Government grants received |
|
60,992 |
89,184 |
- |
- |
| Net cash provided by/(used in) operating activities |
25(a) |
9,105,944 |
(7,980,916) |
22,786,929 |
(2,504,897) |
| |
| CASH FLOWS FROM INVESTING ACTIVITIES |
| Loans to subsidiary |
|
- |
- |
(12,045,942) |
(6,077,503) |
| Loans to IBS |
|
- |
- |
(1,265,619) |
(1,329,409) |
| Proceeds from sale of property, plant and equipment |
|
17,374 |
292,000 |
- |
281,488 |
| Purchase of property, plant and equipment |
|
(3,572,645) |
(895,433) |
- |
(21,367) |
| Payment for acquisition of IBS |
|
- |
- |
(5,399,835) |
- |
| Payment for research and development |
|
(246,666) |
(562,929) |
- |
- |
| Net cash provided by/(used in)investing activities |
|
(3,801,937) |
(1,166,362) |
(18,711,396) |
(7,146,791) |
| |
| CASH FLOWS FROM FINANCING ACTIVITIES |
| Proceeds from issues of shares |
21 |
834,795 |
5,751,991 |
834,795 |
5,751,991 |
| Proceeds from borrowings |
|
127,407 |
5,437,813 |
- |
5,437,813 |
| Payments for borrowings |
|
(4,617,420) |
(2,961,279) |
(4,234,493) |
(1,795,093) |
| Payments for share issue expenses |
|
- |
(304,101) |
- |
(304,101) |
| Net cash provided by/(used in) financing activities |
|
(3,655,218) |
7,924,424 |
(3,399,698) |
9,090,610 |
| Net increase/(decrease) in cashand cash equivalents |
|
1,648,789 |
(1,222,854) |
675,835 |
(561,078) |
| Cash and cash equivalent at the beginning of the financial year |
|
3,002,277 |
4,225,131 |
2,930,957 |
3,492,035 |
| Foreign exchange rate change on cash and cash equivalents |
|
(144,382) |
- |
(144,382) |
- |
| Cash at cash equivalents at end of financial year |
25(b) |
4,506,684 |
3,002,277 |
3,462,410 |
2,930,957 |
The Cash Flow Statements are to be read in conjunction with the Notes to the Financial Statements.
|
