Statement of Cash Flows for the Year Ended 30 June 2002

This Document is Archived

Report of the Ministry of Economic Development for the Year Ended 30 June 2002

[ Last Updated 6 January 2006 ]

2001 Actual		2002 Actual	2002 Main Esti- mates	2002 Supple- mentary Esti- mates
$000		$000	$000	$000
	Cash Flows from Operating Activities
	Cash was provided from:
48,191	Supply of outputs to Crown	41,108	42,945	43,959
54,060	Supply of outputs to Other	53,188	50,327	53,596
(106)	GST	54	(50)	50
240	Interest	139	150	139
	Cash was applied to:
	Producing outputs
(39,690)	- Personnel	(42,647)	(41,092)	(40,768)
(49,176)	- Operating	(43,827)	(46,221)	(46,410)
(203)	- Capital charge	(235)	(261)	(230)
13,316	Net Cash Flows from Operating Activities	7,780	5,798	10,336
	Cash Flows from Investing Activities
	Cash was provided from:
339	Sale of fixed assets	14	265	265
	Cash was applied to:
(4,868)	Purchase of fixed assets	(4,388)	(5,934)	(5,772)
(4,529)	Net Cash Flows from Investing Activities	(4,374)	(5,669)	(5,507)
	Cash Flows from Financing Activities
	Cash was provided from:
599	Capital contribution from Crown for the development of the Personal Property Securities Register	627	627	1,303
51	Capital contribution from Department of Internal Affairs for accumulated depreciation on fixed assets and other assets and liabilities transferred	-	-	-
	Cash was applied to:
(6,591)	Payment of net surplus to Crown	(7,417)	(7,030)	(7,417)
(345)	Capital withdrawal - Energy Efficiency Conservation Authority	-	-	-
-	Capital withdrawal - Government Superannuation Authority	(155)	(70)	(157)
(6,286)	Net Cash Flows from Financing Activities	(6,945)	(6,473)	(6,271)
2,501	Net Increase/(Decrease) in Cash held	(3,539)	(6,344)	(1,442)
12,210	Add opening cash balance	14,711	15,591	14,711
14,711	Closing Cash and Deposits	11,172	9,247	13,269
	Cash and Deposits comprise:
3,711	Cash	11,172	1,247	13,269
11,000	Short-term deposits	-	8,000	-
14,711		11,172	9,247	13,269

This statement is to be read in conjunction with the Statement of Accounting Policies and Notes to the Financial Statements.