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Supplemental Cash Flow Information
12 Months Ended
Jun. 30, 2021
Supplemental Cash Flow Information [Abstract]  
Supplemental Cash Flow Information
19.
 
SUPPLEMENTAL
 
CASH
 
FLOW
 
INFORMATION
 
 
The following table presents supplemental cash flow disclosures for
 
the years ended June 30, 2021, 2020 and 2019:
2021
2020
2019
Cash received from interest
 
$
2,222
$
3,057
$
5,596
Cash paid for interest
 
$
3,056
$
6,050
$
10,636
Cash paid for income taxes
 
$
16,608
$
5,001
$
13,110
Investing activities
 
The transaction referred to in
Note 23
 
under which the Company reduced its shareholding in DNI from
55
% to
38
% and used the
proceeds, of $
27.6
 
million, from the sale to settle its obligation, of $
27.6
 
million, to subscribe for additional shares in DNI was closed
using a cashless settlement process.
 
Therefore, the proceeds from
 
sale and the settlement of the
 
obligation to subscribe for additional
shares in DNI
 
were not included
 
in net cash
 
provided by investing
 
activities in the
 
Company’s
 
consolidated statement of
 
cash flows
for the year ended June 30, 2019.
 
 
The transaction referred to in
Note 23
 
and Note 11 under which the Company reduced its shareholding in DNI from
38
% to
30
%
and
 
used the
 
proceeds
 
from
 
the sale
 
to
 
settle a
 
portion
 
of its
 
long-term
 
borrowings,
 
of $
15.0
 
million,
 
was closed
 
using
 
a
 
cashless
settlement process.
 
Therefore, the
 
proceeds from
 
sale was
 
not included
 
in net
 
cash provided
 
by (used
 
in) investing
 
activities in
 
the
Company’s consolidated
 
statement of cash flows for the year ended June 30, 2019.
 
 
Financing activities
 
The transaction referred to
 
in
Note 23
 
and Note 8 under which the
 
Company reduced its shareholding
 
in DNI from
38
% to
30
%
and
 
used
 
the
 
proceeds
 
from
 
the
 
sale
 
to
 
settle
 
a
 
portion
 
of its
 
long-term
 
borrowings,
 
of $
15.0
 
million
 
was
 
closed
 
using
 
a
 
cashless
settlement process.
 
Therefore,
 
the part
 
settlement of
 
the long-term
 
borrowings
 
was not
 
included
 
in net
 
cash (used
 
in) provided
 
by
financing activities in the Company’s
 
consolidated statement of cash flows for the year ended June 30, 2019.
 
 
Disaggregation of cash, cash equivalents and restricted cash
 
Cash, cash equivalents
 
and restricted cash
 
included on
 
the Company’s
 
consolidated statement
 
of cash flows
 
includes restricted
cash related to cash withdrawn from the Company’s
 
various debt facilities to fund ATMs.
 
This cash may only be used to fund ATMs
and
 
is considered
 
restricted
 
as to
 
use
 
and
 
therefore
 
is classified
 
as restricted
 
cash.
 
Cash,
 
cash
 
equivalents
 
and
 
restricted
 
cash
 
also
includes cash in certain bank accounts that have been ceded to
 
Nedbank. As this cash has been pledged and ceded it
 
may not be drawn
and is considered restricted
 
as to use and therefore is classified
 
as restricted cash as well. Refer
 
to Note 11 for
 
additional information
regarding the Company’s facilities. The following table presents the disaggregation
 
of cash, cash equivalents and restricted cash as of
June 30, 2021, 2020 and 2019:
2021
 
2020
 
2019
 
Continuing
$
198,572
$
217,671
$
20,014
Discontinued
-
-
26,051
Cash and cash equivalents
198,572
217,671
46,065
Restricted cash
25,193
14,814
75,446
Cash, cash equivalents and restricted cash
$
223,765
$
232,485
$
121,511
Leases
 
 
The following table presents supplemental cash flow disclosure related
 
to leases for the years ended June 30, 2021 and 2020:
2021
 
2020
 
Cash paid related to lease liabilities
Operating cash flows from operating leases
$
4,050
$
3,603
Right-of-use assets obtained in exchange for lease obligations
Operating leases
$
3,000
$
2,974