Note 14: Reconciliation of surplus to net cash flow from operating activities
Annual Report for the year ended 30 June 2009.
This reconciliation discloses the non-cash adjustments applied to the surplus reported in the Statement of financial performance on page 89, to arrive at the net cash flow from operating activities disclosed in the Statement of cash flows on page 92.
| Actual 2008 $000 |
Actual 2009 $000 |
|
|---|---|---|
| 285 | Surplus | 486 |
| Non-cash items | ||
| 1,173 | Depreciation and amortisation | 942 |
| 1,173 | Total non-cash Items | 942 |
| Working capital movements | ||
| 189 | (Increase)/decrease in prepayments | 3 |
| (352) | (Increase)/decrease in receivables | (374) |
| (759) | (Increase)/decrease in work in progress | 89 |
| (729) | (Decrease)/increase in payables | 354 |
| 686 | (Decrease)/increase in employee entitlements | 883 |
| (965) | Total net working capital movements | 955 |
| Investing activity items | ||
| (10) | Loss/(profit) on sale of plant and equipment | (17) |
| 31 | Loss/(profit) on sale of intangible assets | 0 |
| 21 | Total net investing activity items | (17) |
| Other items | ||
| (62) | Increase/(decrease) in non-current employee entitlements | (133) |
| (62) | Total other items | (133) |
| 452 | Net cash flow from operating activities | 2,233 |