Note 9: Cash Flow Reconciliation
2012 |
2011 |
|
|---|---|---|
$’000 |
$’000 |
|
Reconciliation of cash and cash equivalents as per Balance Sheet to Cash Flow Statement |
||
Cash and cash equivalents as per: |
||
Cash flow statement |
54,787 |
58,160 |
Balance sheet |
54,787 |
58,160 |
Difference |
- |
- |
Reconciliation of net cost of services to net cash from operating activities: |
||
Net cost of services |
(876,433) |
(845,734) |
Add revenue from Government |
821,534 |
875,645 |
Adjustments for non-cash items |
||
Depreciation / amortisation |
91,589 |
92,993 |
Net write down of non-financial assets |
1,038 |
16,680 |
Reversals of Previous Asset Write-Downs (Asset Revaluation) |
(16,691) |
- |
Loss (Gain) on disposal of assets |
6,091 |
(1,874) |
Resources received free of charge - Non Financial Assets |
(5,999) |
- |
Investing OPA (receivable) |
(54,281) |
(89,584) |
Effect of foreign exchange on cash |
2,051 |
1,293 |
Interest |
1 |
- |
Changes in assets / liabilities |
||
(Increase) / decrease in net receivables |
16,392 |
9,391 |
(Increase) / decrease in inventories |
(1,738) |
(5,541) |
(Increase) / decrease in prepayments |
734 |
(244) |
Increase / (decrease) in employee provisions |
13,959 |
6,219 |
Increase / (decrease) in supplier payables |
(4,296) |
(4,262) |
Increase / (decrease) in other provisions |
333 |
(3,214) |
Increase / (decrease) in other assets |
8,751 |
(10,197) |
Increase / (decrease) in unearned income |
(266) |
6,072 |
Increase / (decrease) in other liabilities |
(2,712) |
564 |
Net cash from (used by) operating activities |
57 |
48,207 |