Note 9: Cash Flow Reconciliation
| 2011 $’000 |
2010 $’000 |
|
|---|---|---|
| Reconciliation of cash and cash equivalents as per Balance Sheet to Cash Flow Statement | ||
| Cash and cash equivalents as per: | ||
| Cash flow statement | 58,160 | 48,555 |
| Balance sheet | 58,160 | 48,555 |
| Difference | - | - |
| Reconciliation of net cost of services to net cash from operating activities: | ||
| Net cost of services | (845,734) | (805,371) |
| Add revenue from Government | 875,645 | 894,974 |
| Adjustments for non-cash items | ||
| Depreciation / amortisation | 92,993 | 84,952 |
| Net write down of non-financial assets | 16,680 | 17 |
| Loss on disposal of assets | (1,874) | 1,561 |
| Investing OPA (receivable) | (89,584) | (34,352) |
| Effect of foreign exchange on cash | 1,293 | (60) |
| Finance lease expense | - | 461 |
| Interest | - | 4 |
| Changes in assets / liabilities | ||
| (Increase) / decrease in net receivables | 9,391 | (54,875) |
| (Increase) / decrease in inventories | (5,541) | (3,197) |
| (Increase) / decrease in prepayments | (244) | (2,604) |
| Increase / (decrease) in employee provisions | 6,219 | 3,585 |
| Increase / (decrease) in supplier payables | (4,262) | (2,440) |
| Increase / (decrease) in other provisions | (3,214) | 2,122 |
| Increase / (decrease) in other assets | (10,197) | 1,511 |
| Increase / (decrease) in unearned income | 6,072 | 6,335 |
| Increase / (decrease) in other liabilities | 564 | 1,382 |
| Net cash from (used by) operating activities | 48,207 | 94,005 |