Reconciliation of Net Surplus to Net Cash Flow from Operating Activities for the Year Ended 30 June 2006
| |
2006
Actual
$000 |
$000 |
2005
Actual
$000 |
$000 |
| Net deficit from Statement of Financial Performance |
|
(5,773) |
|
(5,082) |
| Add (less) non-cash items: |
|
|
|
|
| Depreciation |
5,556 |
|
4,398 |
|
| Memorandum account funding debtor Crown |
4,164 |
|
- |
|
| Fixed asset write-offs |
254 |
|
332 |
|
| Fixed asset revaluation losses |
559 |
|
|
|
| Bad debts written off |
14 |
|
20 |
|
| Decrease in provision for doubtful debts |
(11) |
|
(30) |
|
| Increase in non-current employee entitlements |
130 |
|
497 |
|
| Increase/(decrease) in non-current onerous contracts |
(105) |
|
393 |
|
| |
|
10,561 |
|
5,610 |
| Add (less) movements in working capital items: |
|
|
|
|
| Decrease/(increase) in inventories |
(1) |
|
26 |
|
| Decrease/(increase) in receivables and advances |
1,632 |
|
(899) |
|
| Decrease/(increase) in debtor Crown |
(6,091) |
|
1,387 |
|
| Decrease/(increase) in prepayments |
(78) |
|
40 |
|
| Increase/(decrease) in creditors and payables |
(1,114) |
|
1,906 |
|
| Increase in unearned income |
188 |
|
1,193 |
|
| Increase in current employee entitlements |
883 |
|
347 |
|
| |
|
(4,581) |
|
4,000 |
| Add (less) items classified as investing activities |
|
|
|
|
| Net gain on sale of fixed assets |
|
(17) |
|
(72) |
| Net Cash Flows from Operating Activities |
|
190 |
|
4,456 |
This statement is to be read in conjunction with the Statement of Accounting Policies and Notes to the Financial Statements.
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