Note 8 - 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) | 1,578 | - | 2,100 | - |
| Add/(less) non-cash items | ||||
| Depreciation and amortisation expense | 8,579 | 12,839 | 11,839 | 18,008 |
| Other non-cash items | - | - | - | - |
| Total non-cash items | 8,579 | 12,839 | 11,839 | 18,008 |
| Add/(less) items classified as investing or financing activities | (912) | |||
| (Gains)/losses on disposal property, plant and equipment | 5 | - | - | - |
| Total items classified as investing or financing activities | (907) | - | - | - |
| Add/(less) movements in working capital items | ||||
| (Inc)/Dec in debtors and other receivables | (665) | (500) | 293 | (500) |
| (Inc)/Dec in prepayments | 520 | - | - | - |
| Inc/(Dec) in creditors and other payables | 1,872 | 2,000 | 10,000 | (7,000) |
| Inc/(Dec) in employee entitlements | (70) | 300 | 1,669 | (418) |
| Inc/(Dec) in other short term liabilities | (9) | - | - | - |
| Net movements in working capital items | 1,648 | 1,800 | 11,962 | (7,918) |
| Movements in non-current liabilities | ||||
| Inc/(Dec) in provision for premises make good | 39 | - | 53 | - |
| Inc/(Dec) in employee entitlements | (127) | (290) | (1,668) | (150) |
| Movements in non-current liabilities | (88) | (290) | (1,615) | (150) |
| Net cash from operating activities | 10,810 | 14,349 | 24,286 | 9,940 |
