33 FINANCIAL REPORT ALLUP SILICA Year Ending 30 June 2023 ALLUP SILICA LIMITED STATEMENT OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2023 2023 2022 Notes $ $ CASH FLOWS FROM OPERATING ACTIVITIES Interest received 75,526 1,308 Payments to suppliers and employees (1,217,964) (711,484) Net cash flows used in operating activities 19 (1,142,438) (710,176) CASH FLOWS FROM INVESTING ACTIVITIES Payments for tenement and exploration costs (581,280) (311,358) Payments for plant and equipment (9,768) (15,528) Net cash flows used in investing activities (591,048) (326,886) CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from issue of ordinary shares - 5,413,600 Proceeds from issue of advisor options - 5,000 Share issue costs - (376,109) Proceeds from exercise of options - 127,200 Net cash flows provided by financing activities - 5,169,691 Net (decrease) increase in cash and cash equivalents (1,733,486) 4,132,629 Cash and cash equivalents at beginning of the financial year 4,913,074 780,445 Cash and cash equivalents at the end of the financial year 5 3,179,588 4,913,074 The above Statement of Cashflows should be read in conjunction with the accompanying
RkJQdWJsaXNoZXIy MjE2NDg3