| Jun'18 | Jun'17 | |||||
|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||
Net (loss) income | ||||||
-76,000 | 1,137,000 | |||||
Adjustments for the following items: | ||||||
Depreciation | ||||||
328,000 | 409,000 | |||||
Finance costs | ||||||
139,000 | 178,000 | |||||
Impairment (reversals) charges (note 13) | ||||||
59,000 | -5,000 | |||||
Income tax expense (note 10) | ||||||
116,000 | 274,000 | |||||
Gains on sale of non-current assets/investments | ||||||
-2,000 | -880,000 | |||||
Currency translation losses | ||||||
75,000 | 32,000 | |||||
Change in working capital (note 11) | ||||||
194,000 | 182,000 | |||||
Other operating activities (note 11) | ||||||
57,000 | -21,000 | |||||
Operating cash flows before interest and income taxes | ||||||
502,000 | 942,000 | |||||
Interest paid | ||||||
155,000 | 188,000 | |||||
Income taxes paid | ||||||
206,000 | 306,000 | |||||
Net cash provided by operating activities | ||||||
141,000 | 448,000 | |||||
INVESTING ACTIVITIES | ||||||
Capital expenditures (note 5) | ||||||
313,000 | 405,000 | |||||
Sales proceeds | ||||||
5,000 | 5,000 | |||||
Investment purchases | ||||||
-38,000 | 0 | |||||
Divestitures (note 4) | ||||||
0 | 960,000 | |||||
Sale of mineral royalty | ||||||
0 | 0 | |||||
Funding of equity method investments | ||||||
-1,000 | -4,000 | |||||
Net cash provided by (used in) investing activities | ||||||
-347,000 | 556,000 | |||||
FINANCING ACTIVITIES | ||||||
Debt, Repayments | ||||||
8,000 | 305,000 | |||||
Dividends | ||||||
32,000 | 32,000 | |||||
Funding from non-controlling interests | ||||||
4,000 | 8,000 | |||||
Disbursements to non-controlling interests | ||||||
56,000 | 0 | |||||
Debt extinguishment costs | ||||||
0 | 26,000 | |||||
Net cash used in financing activities | ||||||
-92,000 | -355,000 | |||||
Effect of exchange rate changes on cash and equivalents | ||||||
-1,000 | 0 | |||||
Net increase (decrease) in cash and equivalents | ||||||
-299,000 | 649,000 | |||||