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Consolidated Statements of Cash Flows - AUD ($)
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Cash flows related to operating activities      
Payments to suppliers and employees (inclusive of GST) $ (42,448,779) $ (39,991,402) $ (33,838,950)
Cash receipts from grant income and government incentives 3,762,716 3,655,807 3,302,200
Cash receipts from license revenue 0 0 87,816
Other income 199,249 82,319 86,990
Interest received 3,695,594 917,997 224,656
Income Tax paid 0 0 (34)
Payment for interest expenses (30,009) (20,541) (92,430)
Net cash outflows used in operating activities (34,821,229) (35,355,820) (30,229,752)
Cash flows related to investing activities      
Payments for plant and equipment (29,215) (82,735) (22,914)
Payment for intangible (903,154) 0 0
Acquisition of investments (20,086,308) 0 0
Net cash outflows used in investing activities (21,018,677) (82,735) (22,914)
Cash flows related to financing activities*      
Proceeds from issue of shares [1] 100,235,538 80,082,752 52,975,330
Share issue transaction costs [1] (4,883,467) (3,848,741) (2,427,155)
Principal elements of lease payments [1] (226,494) (211,974) (222,536)
Advance payment from shareholders for Entitlement Offer [1] 54,493 0 0
Net cash inflows provided by (used in) financing activities [1] 95,180,070 76,022,037 50,325,639
Net increase/(decrease) in cash and cash equivalents 39,340,164 40,583,481 20,072,973
Effect of exchange rate on cash and cash equivalents (967,733) 2,839,106 (671,035)
Cash and cash equivalents at the beginning of the year 123,417,716 79,995,129 60,593,191
Cash and cash equivalents at the end of the year $ 161,790,147 $ 123,417,716 $ 79,995,129
[1] Non-cash financing activities relate mainly to the following: Fair value movement of convertible notes disclosed in Note 16 to the financial statements. Exercise of vested performance rights for no cash consideration disclosed in Note 21 to the financial statements.