Statement of Cash Flows for the Year Ended 30 June 2001

This Document is Archived

Report of the Ministry of Economic Development for the Year Ended 30 June 2001

[ Last Updated 31 January 2006 ]

2000 Actual		2001 Actual	2001 Main Estimates	2001 Supple- mentary Estimates
$000		$000	$000	$000
	Cash Flows from Operating Activities
	Cash was provided from:
41,122	Supply of outputs to Crown	48,191	40,322	50,421
52,699	Supply of outputs to Other	54,060	49,969	53,722
(383)	GST	(106)	(94)	83
316	Interest	240	210	180
	Cash was applied to:
	Producing outputs
(38,075)	- Personnel	(39,690)	(40,284)	(40,465)
(45,165)	- Operating	(49,176)	(42,463)	(49,348)
(229)	- Capital charge	(203)	(212)	(202)
10,285	Net Cash Flows from Operating Activities	13,316	7,448	14,391
	Cash Flows from Investing Activities
	Cash was provided from:
181	Sale of fixed assets	339	200	350
	Cash was applied to:
(4,840)	Purchase of fixed assets	(4,868)	(5,554)	(4,010)
(4,659)	Net Cash Flows from Investing Activities	(4,529)	(5,354)	(3,660)
	Cash Flows from Financing Activities
	Cash was provided from:
-	Capital contribution from Crown for the development of the Personal Property Securities Register	599	-	599
-	Capital contribution from Department of Internal Affairs for accumulated depreciation on fixed assets and other assets and liabilities transferred	51	-	51
	Cash was applied to:
(10,637)	Payment of net surplus to Crown	(6,591)	(6,284)	(6,591)
-	Capital withdrawal - Energy Efficiency Conservation Authority	(345)	(345)	(345)
(10,637)	Net Cash Flows from Financing Activities	(6,286)	(6,629)	(6,286)
(5,011)	Net Increase/(Decrease) in Cash Held	2,501	(4,535)	4,445
17,221	Add opening cash balance	12,210	13,432	12,210
12,210	Closing Cash and Deposits	14,711	8,897	16,655
	Cash and Deposits Comprise
4,410	Cash	3,711	1,897	6,655
7,800	Short-term deposits	11,000	7,000	10,000
12,210		14,711	8,897	16,655

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