Note 16: Reconciliation of net deficit to net cash flow from operating activities

This reconciliation discloses the non-cash adjustments applied to the deficit reported in the Statement of comprehensive revenue and expense on page 43 to arrive at the net cash flow from operating activities disclosed in the Statement of cash flows on page 46.

Actual
2019/20
$000
Actual
2018/19
$000
Net Surplus/(Deficit) (1,634) 253
Add/(Less) non-cash items
Depreciation and amortisation 1,196 1,041
Total non-cash items 1,196 1,041
Add/(Less) movements in working capital items
(Increase)/Decrease in prepayments (261) 172
(Increase)/Decrease in receivables (598) 764
(Increase)/Decrease in work in progress 1,090 (267)
(Decrease)/Increase in payables 373 23
(Decrease)/Increase in employee entitlements 1,355 (495)
Total movements in working capital items 1,959 197
Add/(Less) items classified as investing activities
Loss/(Gains) on sale of plant and equipment 7 43
Total items classified as investing activities 7 43
Net cash flow from operating activities 1,528 1,534