Investor Presentaiton
10
SM's
CAPITAL MANAGEMENT
only
80
70
S60
50
32.2
40
38.6
40
30
20
For
Cash on hand FY18
12
Capital raising & exercise options
Investment (Deloraine)
(25.0)
(8.0)
Payment to Nulac vendors
35.6)
Group loss before tax
Non cash transactions
7.5
Working capital mvmt
13.5
Cash on hand FY19
bübs
23.3
Key Drivers
Positive Q4 operating cashflow represents a significant
improvement on the working capital management and
cashflow management of the Group.
Working capital movements are attributable to the
investment in inventory to meet the growing demand
and the increased trade and other receivables from the
record Q4 sales.
With this strong balance sheet and cash position,
management believe the cashflow forecast is expected
to meet all operational requirements for FY20.View entire presentation