Statement of Cash Flows for the Year Ended 30 June 2007

This Document is Archived

Annual Report of the Ministry of Economic Development for the Year Ended 30 June 2007

[ Last Updated 12 October 2007 ]

2006 Actual $000		2007 Actual $000	2007 Main Estimates $000	2007 Supplementary Estimates $000
	Cash Flows from Operating Activities
	Cash was provided from:
58,471	Supply of outputs to Crown	69,440	58,448	75,169
48,816	Supply of outputs to Other	44,666	41,808	46,910
(120)	GST	53	(57)	(2)
	Cash was applied to:
	Producing outputs
(51,210)	– Personnel	(53,594)	(50,363)	(54,397)
(54,601)	– Operating	(51,028)	(50,666)	(58,418)
(1,166)	– Capital charge	(1,486)	(1,564)	(1,491)
190	Net Cash Flows from Operating Activities	8,051	(2,394)	7,771
	Cash Flows from Investing Activities
	Cash was provided from:
37	Sale of property, plant and equipment	86	-	-
	Cash was applied to:
(5,861)	Purchase of property, plant and equipment	(5,874)	(2,314)	(4,550)
(6,082)	Purchase of intangible assets	(5,189)	(5,716)	(5,842)
(11,906)	Net Cash Flows from Investing Activities	(10,977)	(8,030)	(10,392)
	Cash Flows from Financing Activities
	Cash was provided from:
4,000	Capital contribution from Crown for Ministry working capital	-	-	-
1,300	Capital contribution from Crown for the development of Climate Change Register	1,200	1,200	1,200
5,000	Memorandum Account deficit current year	3,600	8,322	5,303
-	Memorandum Account deficit prior year	4,164	-	4,164
	Cash was applied to:
(2,544)	Payment of net surplus to Crown	(3,391)	(2,819)	(3,391)
7,756	Net Cash Flows from Financing Activities	5,573	6,341	7,276
(3,960)	Net increase/(decrease) in cash held	2,647	(4,083)	4,655
8,802	Add opening cash balance	4,842	9,134	4,842
4,842	Closing Cash	7,489	5,051	9,497
	Cash comprises:
4,842	Cash	7,489	5,051	9,497