Note 2 - Reconciliation of Net Surplus to Net Cash Flows from Operating Activities for the year ending 30 June 2011
| 2010/11 | 2011/12 | 2012/13 | ||
|---|---|---|---|---|
| Actual $000 | In 2011 Budget $000 | Estimated Actual $000 | Budgeted $000 | |
| Net surplus / (deficit) | 53 | 5 | 5 | 5 |
| Add / (less) non-cash items | ||||
| Depreciation and amortisation expense | 1,421 | 1,499 | 1,555 | 1,214 |
Total non-cash items | 1,421 | 1,499 | 1,555 | 1,214 |
| Add / (less) items classified as investing or financing activities | ||||
| (Gains) / losses on disposal property, plant and equipment | 72 | (5) | (5) | (5) |
Total items classified as investing or financing activities | 72 | (5) | (5) | (5) |
| Add / (less) movements in working capital items | ||||
| (Inc) / Dec in debtors and other receivables | 905 | 1,000 | (424) | (397) |
| (Inc) / Dec in prepayments | (191) | - | - | - |
| Inc / (Dec) in creditors and other payables | 503 | - | - | - |
| Inc / (Dec) in provisions | (636) | - | - | - |
| Inc / (Dec) in employee entitlements | (11) | - | - | - |
Net movements in working capital items | 570 | 1,000 | (424) | (397) |
| Add / (less) movements in non-current liabilities | ||||
| Inc / (Dec) in employee entitlements | 26 | - | - | - |
| Net cash from operating activities | 2,142 | 2,499 | 1,131 | 817 |
