Financial Report MLC Super Fund Abridged Financial Information – Statement of cash flows For the year ended 30 June 2023 2022 2023 $m $m Cash flows from operating activities Interest received 21 6 Distribution received 270 433 Other income received 61 1 Administration expenses paid (2 78) (3 17) Insurance premiums paid ( 716) (6 91) Investment expenses paid ( 156) (1 44) Other expenses paid (21) (17) Income tax received/(paid) 19 (9 24) Net cash flows from operating activities (8 00) (1,653) Cash flows from investing activities Proceeds from sale of investments 33,744 23,795 Purchases of investments (32,027) (19,962) Net cash flows from investing activities 1,717 3,833 Cash flows from financing activities Employers' contributions 4,255 3,806 Members' contributions 896 1,128 Transfer from other superannuation plans 1,441 1,300 Successor fund transfer out (28) - Transfer to other superannuation plans (4,625) (4,534) Benefits to members/beneficiaries (2,979) (3,988) Death and disability benefits credited to members' accounts 392 347 Income tax on contributions ( 538) (4 90) Net cash flows from financing activities (1,186) (2,431) Net decrease in cash and cash equivalents ( 269) (2 51) Cash and cash equivalents at the beginning of the year 765 1,016 Cash and cash equivalents at the end of the year 496 765 22 | MLC Super Fund 2023 Annual Report