Note 2 - 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) | 580 | - | 202 | - |
Add/(less) non-cash items | ||||
| Depreciation and amortisation expense | 939 | 1,180 | 933 | 1,142 |
Total non-cash items | 939 | 1,180 | 933 | 1,142 |
Add/(less) items classified as investing or financing activities | ||||
| Net loss on sale of property, plant and equipment | 189 | - | - | - |
Total items classified as investing or financing activities | 189 | - | - | - |
Add/less movements in working capital items | ||||
| (Inc)/ Dec in debtors and receivables | (14) | (3) | (17) | - |
| (Inc)/ Dec in prepayments | (13) | (20) | (3) | - |
| Inc/ (Dec) in creditors and payables | (85) | - | 87 | (2) |
| Inc/ (Dec) in current provisions | 164 | 17 | 274 | (43) |
| Inc/ (Dec) in employee entitlements | (107) | (59) | (41) | 12 |
Net movements in working capital items | (55) | (65) | 300 | (33) |
Add/ (less) movements in non-current liabilities | ||||
| (Inc)/ Dec in employee entitlements | - | - | 98 | (110) |
Net movements in non-current liabilities | - | - | 98 | (110) |
Net cash from operating activities | 1,653 | 1,115 | 1,533 | 999 |
