Note 2023 $m 2022 $m Cash flows from operating activities Receipts from customers (inclusive of GST) Payments to suppliers and employees (inclusive of GST) 2,017 (1,935) 2,461 (1,531) 82 930 Interest received 10 6 Distributions received from joint ventures and associates 130 95 Distributions received 2 1 Interest paid (228) (131) Income tax paid (53) (6) Net cash (outflows)/inflows from operating activities E3 (57) 895 Cash flows from investing activities Payments for investment properties Proceeds from sale of investment properties Proceeds from loans to unrelated parties Payments of loans to unrelated parties Proceeds from sale of property, plant and equipment Payments for property, plant and equipment Contributions to joint ventures and associates Proceeds from joint ventures and associates Payments for software under development Proceeds from investments Payments for investments Proceeds from acquisitions of subsidiaries, net of cash acquired (736) (792) 442 7 (24) 1 (3) (745) (2) (5) -8-61 8|Cgg|F|8 Payments for acquisitions of subsidiaries, net of cash acquired G3 (203) Proceeds from disposal of subsidiaries, net of cash deconsolidated G3 944 Deconsolidation of cash and cash equivalents upon disposal of controlled entities - Net cash outflows from investing activities Cash flows from financing activities Proceeds from borrowings Repayments of borrowings Distributions paid Proceeds from non-controlling interests Principal element of lease payments Net cash outflows from financing activities Net (decrease)/increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year (322) (436) 3,425 (3,075) 1,711 (1,320) (407) (402) 7 - (7) (7) (57) (18) (436) 441 558 117 122 558