Nick Scali Limited Reports Audited Cash Flows for the Year Ended June 30, 2016
September 07, 2016 at 07:58 am EDT
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Nick Scali Limited reported audited cash flows for the year ended June 30, 2016. For the period, the company’s net cash from operating activities was AUD 32,018,000 against AUD 18,821,000 a year ago. Purchase of property, plant and equipment was AUD 23,567,000 against AUD 14,578,000 a year ago.
Nick Scali Limited is a furniture retailer operating in Australia and New Zealand. The Company is engaged in the sourcing and retailing of household furniture and related accessories. Its sofas and armchairs collection include recliner sofa collections, leather sofa collections, fabric sofa collections, occasional armchairs, and others. Its living room collections include TV and entertainment units, coffee tables, side tables, console and hallway tables, and others. Its dining room collections include dining tables, dining chairs, and buffet tables and sideboards. Its bedroom collections include mattresses, bedframes, bedside tables, and dressers, among others. Its rugs and accessories collections include rugs and mirrors. It imports more than 5,000 containers of leather and fabric lounges as well as dining room and occasional furniture. The Company has stores located in New South Wales, Queensland, Victoria, Tasmania, South Australia, Western Australia, and others.
NICK SCALI LIMITED 
