Statement of Cash Flows for the Year Ended 30 June 2005

This Document is Archived

Annual Report of the Ministry of Economic Development for the Year Ended 30 June 2005

[ Last Updated 18 January 2006 ]

2004 Actual $000 (thousands of dollars)		2005 Total Actual $000 (thousands of dollars)	2005 Main Estimates $000 (thousands of dollars)	2005 Supplementary Estimates $000 (thousands of dollars)
	Cash Flows from Operating Activities
	Cash was provided from:
50,884	Supply of outputs to Crown	55,999	53,108	58,485
49,844	Supply of outputs to Other	44,523	41,993	44,560
(150)	GST	294	95	(24)
	Cash was applied to:
	Producing outputs
(46,657)	- Personnel	(48,208)	(48,050)	(49,246)
(47,146)	- Operating	(47,786)	(52,610)	(52,855)
(341)	- Capital charge	(366)	(417)	(403)
6,434	Net Cash Flows from Operating Activities	4,456	(5,881)	517
	Cash Flows from Investing Activities
	Cash was provided from:
138	Sale of fixed assets	101	-	-
	Cash was applied to:
(6,551)	Purchase of fixed assets	(11,469)	(14,424)	(14,793)
(6,413)	Net Cash Flows from Investing Activities	(11,368)	(14,424)	(14,793)
	Cash Flows from Financing Activities
	Cash was provided from:
-	Capital contribution from Crown for Ministry working capital	10,000	13,000	10,000
-	Capital contribution from Crown for the development of Climate Change Register and Licensed Building Practitioners implementation	-	3,000	-
1,121	Capital contribution from Crown for the development of Motor Vehicle Traders and REGIS	-	-	-
-	Memorandum Account Deficit	3,204	11,200	8,406
	Cash was applied to:
(2,774)	Payment of net surplus to Crown	(7,121)	(2,893)	(7,121)
(1,653)	Net Cash Flows from Financing Activities	6,083	24,307	11,285
(1,632)	Net Increase/(Decrease) in Cash Held	(829)	4,002	(2,991)
11,263	Add opening cash balance	9,631	8,194	9,631
9,631	Closing Cash	8,802	12,196	6,640
	Cash comprises:
9,631	Cash	8,802	12,196	6,640

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