Statement of Cash Flows for the Year Ended 30 June 2006

This Document is Archived

Annual Report of the Ministry of Economic Development for the Year Ended 30 June 2006

[ Last Updated 12 October 2006 ]

2005 Actual $000		2006 Actual $000	2006 Main Estimates $000	2006 Supplementary Estimates $000
	Cash Flows from Operating Activities
	Cash was provided from:
55,999	Supply of outputs to Crown	58,471	57,664	65,805
44,523	Supply of outputs to Other	48,816	44,177	46,495
294	GST	(120)	(2)	20
	Cash was applied to:
	Producing outputs
(48,208)	- Personnel	(51,210)	(50,715)	(49,246)
(47,786)	- Operating	(54,601)	(50,093)	(60,253)
(366)	- Capital charge	(1,166)	(1,426)	(1,166)
4,456	Net Cash Flows from Operating Activities	190	(395)	1,655
	Cash Flows from Investing Activities
	Cash was provided from:
101	Sale of fixed assets	37	-	-
	Cash was applied to:
(11,469)	Purchase of fixed assets	(11,943)	(11,973)	(12,814)
(11,368)	Net Cash Flows from Investing Activities	(11,906)	(11,973)	(12,814)
	Cash Flows from Financing Activities
	Cash was provided from:
10,000	Capital contribution from Crown for Ministry working capital	4,000	4,000	4,000
-	Capital contribution from Crown for the development of Climate Change Register	1,300	2,500	1,300
-	Capital contribution from Crown for the development of LPG Safety Regime database	-	74	74
3,204	Memorandum Account deficit	5,000	8,661	8,661
	Cash was applied to:
(7,121)	Payment of net surplus to Crown	(2,544)	(2,636)	(2,544)
6,083	Net Cash Flows from Financing Activities	7,756	12,599	11,491
(829)	Net Increase/(Decrease) in Cash held	(3,960)	231	332
9,631	Add opening cash balance	8,802	8,568	8,802
8,802	Closing Cash	4,842	8,799	9,134
	Cash comprises:
8,802	Cash	4,842	8,799	9,134