Page 43 - GMT and GMT Bond Issuer Annual Report 2017 v2

NOTES TO THE
2. INVESTMENTINJOINTVENTURE(CONTINUED) 2.5 WPHL Cash ows
FINANCIAL
WPHL
STATEMENTS
$ million 2017
Cash flows from operating activities
Property income received 35.8 Property expenses paid (15.0) Net interest costs paid (7.9) Other operating cash flows (3.2)
Net cash flows from operating activities 9.7
Cash flows from investing activities
Acquisition of investment properties - Capital expenditure payments for investment properties (1.6) Capital expenditure payments for other non-current assets -
Net cash flows from investing activities (1.6)
Cash flows from financing activities
Investments by shareholders 10.0 Proceeds from borrowings 4.0 Repayment of borrowings (3.5) Advances from shareholders - Repayments to shareholders (10.0) Distributions paid to shareholders (9.0)
Net cash flows from financing activities (8.5)
Net movement in cash (0.4) Cash at the beginning of the year 0.8
Cash at the end of the year 0.4
2016
25.1 (7.6) (5.6) (3.2)
8.7
(88.4) (0.4) (0.3)
(89.1)
- 38.4 (5.5) 51.0
(5.0) -
78.9
(1.5)
2.3
0.8
continued
For the year ended 31 March 2017
GOODMAN PROPERTY TRUST ANNUAL REPORT 2017 FINANCIAL STATEMENTS
41 NOTES TO THE FINANCIAL STATEMENTS