Department of Foreign Affairs and Trade
Notes to and Forming Part of the Financial Statements
Note 12: Cash Flow Reconciliation
|
2015 |
|
2014 |
|
$’000 |
|
$’000 |
| Reconciliation of cash and cash equivalents as per statement of financial position to cash flow statement |
|
|
|
| |
|
|
|
| Cash and cash equivalents as per |
|
|
|
| Cash flow statement |
84,720 |
|
75,769 |
| Statement of financial position |
84,720 |
|
75,769 |
| Discrepancy |
– |
|
– |
|
|
|
|
| Reconciliation of net cost of services to net cash from/(used by) operating activities |
|
|
| Net cost of services |
(1,410,876) |
|
(1,419,890) |
| Revenue from Government |
1,303,974 |
|
1,327,693 |
|
|
|
|
| Adjustments for non-cash items |
|
|
|
| Depreciation/amortisation |
147,490 |
|
156,149 |
| Write-off and impairment of assets |
17,950 |
|
9,055 |
| Gain on sale of assets |
(536) |
|
(972) |
| Effect of foreign exchange on cash |
(6,280) |
|
1,247 |
| Reversal of previous asset write-downs and impairments |
(34) |
|
(330) |
|
|
|
|
| Movements in assets and liabilities |
|
|
|
| Assets |
|
|
|
| Decrease in net receivables |
151,726 |
|
90,513 |
| (Increase) / Decrease in inventories |
(11,308) |
|
2,799 |
| (Increase) / Decrease in prepayments |
15,547 |
|
(31,768) |
| Liabilities |
|
|
|
| Increase / (Decrease) in employee provisions |
(7,881) |
|
35,374 |
| Increase in supplier payables |
4,385 |
|
21,603 |
| Increase / (Decrease) in other provisions |
(559) |
|
484 |
| Increase / (Decrease) in other liabilities |
16,923 |
|
(18,090) |
| Net cash from operating activities |
220,521 |
|
173,867 |