RECONCILIATION OF NET SURPLUS TO NET CASH FLOWS FROM OPERATING ACTIVITIES
For the Year Ending 30 June 2006
Reconciliation of net surplus to net cash flows from operating activities for the year ending 30 June 2006.
|
| |
2004/05
Actual |
2004/05
Estimated |
2005/06
Plan |
|
| Net surplus |
2759 |
600 |
0 |
| Add non-cash items: |
|
|
|
| Depreciation |
2350 |
2500 |
2560 |
|
| Total non-cash items |
2350 |
2500 |
2560 |
|
| Movements in working capital items |
|
|
|
| (Increase)/decrease in: |
|
|
|
| Debtors and receivables |
2871 |
2017 |
(3000) |
| Prepayments |
111 |
(106) |
0 |
| Inventories |
(2) |
(32) |
0 |
| Increase/(decrease) in: |
|
|
|
| Creditors and payables |
(5422) |
726 |
4600 |
| Employee entitlements |
444 |
493 |
50 |
| Unearned revenue |
134 |
(134) |
0 |
|
| Net increase/(decrease) in working capital movements |
(1864) |
2964 |
1650 |
|
| Add/(less) investing activity items |
|
|
|
| Net (gain) on sale of property, plant and equipment |
(29) |
0 |
0 |
|
| Total investing activity items |
(29) |
0 |
0 |
|
| Net cash flows from operating activities |
3216 |
6064 |
4210 |
|
(The Statement of Accounting Policies should be read in conjunction with these financial statements)