Note 16: Reconciliation of cash flow statement activities
This reconciliation discloses the non-cash adjustments applied to the deficit reported in the Statement of comprehensive revenue and expenses to arrive at the net cash flow from operating activities disclosed in the Statement of cash flows.
| Actual 2023/24 $000 |
Actual 2022/23 $000 |
|
|---|---|---|
| Net Surplus/(Deficit) | 3,680 | (2,879) |
| Add/(Less) non-cash items | ||
| Depreciation and amortisation | 1,921 | 1,865 |
| Total non-cash items | 1,921 | 1,865 |
| Add/(Less) movements in working capital items | ||
| (Increase)/Decrease in prepayments | (83) | (1,057) |
| (Increase)/Decrease in receivables | (5,843) | (4,464) |
| (Increase)/Decrease in work in progress | 1,491 | (38) |
| Increase in payables | 1,255 | (3) |
| Increase in employee entitlements | 138 | 735 |
| Total movements in working capital items | (3,042) | (4,827) |
| Add/(Less) items classified as investing activities | ||
| Loss/(Gains) on sale of plant and equipment | 38 | (16) |
| Total items classified as investing activities | 38 | (16) |
| Net cash flow from operating activities | 2,597 | (5,857) |
Reconciliation of liabilities arising from financial activities
| 2022/23 | Cash flows | Non-cash changes | 2023/24 | |
|---|---|---|---|---|
| Repayment of surplus to the Crown | 2,393 | (2,393) | 1,370 | 1,370 |