Reconciliation of Operating Surplus to Net Operating Cash Flows
for the Year Ending 30 June 2005
| | 2003/2004
Budget9 | 2003/2004
Estimated
Actual | 2004/2005
Forecast |
| | $000 | $000 | $000 |
| Net Surplus/(Deficit) from Statement of Financial Performance | 3,694 | 2,498 | (8,886) |
| Add/(less) non-cash items | | | |
| Depreciation | 4,046 | 4,046 | 5,472 |
| Movements in working capital items | | | |
| (Increase)/Decrease in receivables and advances | 660 | 660 | 20 |
| Increase/(Decrease) in payables and provisions | 47 | 47 | (2,487) |
| Increase/(Decrease) in unearned income | (2,614) | (2,614) | - |
| Increase/(Decrease) in current employee entitlements | 226 | 226 | - |
| (Increase)/Decrease in debtor Crown | 1,108 | 1,108 | - |
| Items classified as investing activities | | | |
| Net (gain)/loss on sale of fixed assets | - | - | - |
| Net Cash Flows from Operating Activities | 7,167 | 5,971 | (5,881) |
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