Note 4 - Reconciliation of Net Surplus to Net Cash Flows from Operating Activities
| 2010/11 | 2011/12 | 2012/13 | ||
|---|---|---|---|---|
| Actual $000 | In 2011 Budget $000 | Estimated Actual $000 | Budgeted $000 | |
| Net surplus/(deficit) | (15,935) | 490 | (13,603) | (5,473) |
| Add/(less) non-cash items | ||||
| Depreciation and amortisation expense | 15,073 | 24,383 | 17,738 | 22,050 |
| Revaluation loss | 737 | - | - | - |
| Total non-cash items | 15,810 | 24,383 | 17,738 | 22,050 |
| Add/(less) items classified as investing or financing activities | ||||
| (Gains)/losses on disposal property plant and equipment | 3 | - | - | - |
| Goods and services tax (net) | 8 | 276 | 2,894 | 224 |
| Total items classified as investing or financing activities | 11 | 276 | 2,894 | 224 |
| Add/(less) movements in working capital items | ||||
| (Inc)/Dec in debtors and other receivables | 226 | 211 | 591 | 213 |
| (Inc)/Dec in inventories | 69 | - | - | - |
| (Inc)/Dec in creditors and other payables | 1,067 | (956) | 2,506 | 248 |
| (Inc)/Dec in current provisions | 196 | 922 | (4,758) | (385) |
| Net Movement in working capital items | 1,558 | 177 | (1,661) | 76 |
Net cash from operating activities | 1,444 | 25,326 | 5,368 | 16,877 |
