Note 6 - 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) | (14,326) | - | (6,578) | - |
Add/(less) non-cash items | ||||
| Depreciation and amortisation expense | 429,055 | 464,576 | 464,626 | 466,325 |
| Increase in non-current employee entitlements | 232 | - | - | - |
Total non-cash items | 429,287 | 464,576 | 464,626 | 466,325 |
Add/(less) items classified as investing or financing activities | ||||
| (Gains)/losses on disposal, plant and equipment | 12,309 | - | 7,118 | - |
Total items classified as investing or financing activities | 12,309 | - | 7,118 | - |
Add/(less) movements in working capital items | ||||
| (Inc)/dec in debtors and other receivables | 5,844 | (21,511) | 12,959 | (8,824) |
| (Inc)/dec in prepayments | 1,512 | - | - | - |
| Inc/(dec) in creditors and other payables | 14,341 | (622) | (15,115) | - |
| Inc/(dec) in employee entitlements | 460 | - | (69) | - |
Net movements in working capital items | 22,159 | (22,133) | (2,225) | (8,824) |
Add/(less) movements in non-current liabilities | ||||
| Inc/(dec) in employee entitlements | - | - | - | - |
Net cash from operating activities | 449,427 | 442,443 | 462,941 | 457,501 |
