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Reconciliation of net surplus to net cash flows from operating activities

for the year ending 30 June

Reconciliation of net surplus to net cash flows from operating activities for the year ending 30 June.


2006

2006

2007


Supplementary Estimates

Estimated Actual

Plan

Net surplus

0

0

0

Add non-cash items:




Depreciation

2,560

2,560

2,500

Total non-cash items

2,560

2,560

2,500

Movements in working capital items




(Increase)/decrease in:




    Debtors and receivables

6,625

6,625

0

    Prepayments

44

44

0

    Inventories

(29)

(29)

0

Increase/(decrease) in:




    Creditors and payables

1,748

1,648

100

    Employee entitlements

610

710

200

Net increase/(decrease) in working capital movements

8,998

8,998

300

Net cash flows from operating activities

11,558

11,558

2,800

(The Statement of Accounting Policies should be read in conjunction with these financial statements)

Updated : 16 November 2007