1. Explain the main differences in cash flows between 2015 and 2016.

2. Comment on Como's cash flow position in 2016.

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COMO LIMITED STATEMENTS OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2016 Cash flows provided by operating activities: Cash receipts in the course of operations Cash payments in the course of operations Dividends received Interest received Interest paid Income taxes paid Net cash provided by operating activities Cash flows used in investing activities: Purchase of property, plant and equipment Purchase of/proceeds from sale of businesses Proceeds from sale of property, plant and equipment Purchase of controlled entity Net cash used in investing activities Cash flows provided by/(used in) financing activities: Repayment of borrowings Repayment of finance lease Dividends paid Proceeds from borrowings Net cash provided by/lused in) financing activities Net increase/(decrease) in cash Cash at the beginning of the financial year Cash at the end of the financial year Consolidated 2016 $000 753647 (565 244) 6316 (27 007) (49732) 117980 (44 458) (2803) 326 (46935) (126 500) (1919) (45 330) 96 500 (77 249) 6204 122946 116742 2015 $000 666 154 (475 441) 1019 4312 (22 015) (19372) 154 657 (32 070) 956 417 (143 259) (173 956) (1919) (36 204) 96 500 58 377 39 078 83 868 122946