Note 15: Reconciliation of surplus to net cash flow from operating activities

This reconciliation discloses the non-cash adjustments applied to the surplus reported in the statement of comprehensive income on page 48, to arrive at the net cash flow from operating activities disclosed in the statement of cash flows on page 51.

Actual
2013/14
$000
Actual
2012/13
$000
Surplus 989 929
Non-cash items  
Depreciation and amortisation 1,236 1,035
Total non-cash Items 1,236 1,035
Working capital movements
(Increase)/decrease in prepayments (115) 507
(Increase)/decrease in receivables (803) 1,085
(Increase)/decrease in work in progress 424 (905)
(Decrease)/increase in payables (67) (653)
(Decrease)/increase in provisions - (209)
(Decrease)/increase in employee entitlements (150) (597)
Total net working capital movements (711) (772)
Investing activity items
Loss/(profit) on sale of plant and equipment (31) (38)
Loss/(profit) on sale of intangible assets - -
Total net investing activity items (31) (38)
Other items
(Decrease)/increase in non-current employee entitlements (12) (7)
Total other items (12) (7)
Net cash flow from operating activities 1,471 1,147

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