Question: Explain the below cash flow from operating activities. 2023 2022 2021 $ $ $ CASH FLOWS FROM OPERATING ACTIVITIES Net profit for the year/period 11,389,134

Explain the below cash flow from operating activities.

2023 2022 2021
$ $ $
CASH FLOWS FROM OPERATING ACTIVITIES
Net profit for the year/period 11,389,134 23,002,022 (11,026,365)
Adjustment of reconciled net income to net cash:
Interest expensed 1,040,641 1,524,726 5,477,044
Taxation
Depreciation 5,064,958 7,787,065 5,205,201
17,494,733 32,313,813 (344,120)

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