Financing activities determine cash inflows and outflows from equity issuance, borrowings, repayments, dividends and interest. Financing activities are transactions that change contributed equity or borrowings and include issuance and redemption of equity and preference shares, borrowings and repayments of loans and debentures, payments of interest and dividends, and lessee cash payments that reduce lease liabilities; the statement of cash flows presents proceeds from equity and debt, less repayments, dividends and interest, to disclose net cash flow from financing activities.