Statement of Cash Flows
As at 30 June 2008
| Actual 30/6/07 $000 |
Notes | Actual 30/6/07 $000 |
Main Estimates 30/6/08 $000 |
Supp. Estimates 30/6/08 $000 |
|
|---|---|---|---|---|---|
| Cash flows from operating activities | |||||
| Cash provided from: | |||||
| Supply of outputs to: | |||||
| 48,085 | Receipts from the Crown | 45,121 | 62,793 | 63,127 | |
| 52,339 | Receipts from revenue other | 48,167 | 52,140 | 52,469 | |
| 100,424 | Total cash receipts | 93,288 | 114,933 | 115,596 | |
| Cash distributed to: | |||||
| Produce outputs: | |||||
| (51,034) | Payments to operating suppliers | (59,753) | (114,517) | (110,282) | |
| (42,256) | Payments to employees | (43,509) | – | – | |
| (3,004) | Payments for capital charge | (2,937) | (2,956) | (3,559) | |
| – | Goods and services tax (net) | – | – | (65) | |
| (96,294) | Total cash disbursed to cost of producing outputs | (106,199) | (117,473) | (113,906) | |
| 4,130 | Net cash flows from operating activities | 14 | (12,911) | (2,540) | 1,690 |
| Cash flows from investing activities | |||||
| Cash provided from: | |||||
| 40 | Receipts from sale of property, plant and equipment | – | – | – | |
| – | Receipts from sale of investments | – | – | – | |
| Cash distributed to: | |||||
| (3,789) | Purchase of property, plant and equipment | (8,052) | (12,793) | (20,000) | |
| (2,365) | Purchase of intangible assets | – | – | – | |
| (6,114) | Net cash flows from investing activities | (8,052) | (12,793) | (20,000) | |
| Cash flows from financing activities | |||||
| 5,072 | Capital contribution | 15,316 | 13,563 | 15,901 | |
| – | Capital withdrawal | – | – | – | |
| – | Repayment of surplus | – | – | – | |
| 5,072 | Net cash flows from financing activities | 15,316 | 13,563 | 15,901 | |
| 3,088 | Net increase/(decrease) in cash and cash equivalents | (5,647) | (1,770) | (2,409) | |
| 2,858 | Cash and cash equivalents at the beginning of the year | 5,946 | 5,635 | 5,946 | |
| 5,946 | Cash at end of year | 299 | 3,865 | 3,537 | |
The GST (net) component of operating activities reflects the net GST paid and received with the Inland Revenue Department.
The GST (net) component has been presented on a net basis, as the gross amounts do not provide meaningful information for financial statement purposes.
The accompanying accounting policies and notes form part of these financial statements
