The Treasury

Global Navigation

Personal tools

Note 9 - Reconciliation of Net Surplus to Net Cash Flows from Operating Activities

Note 9 - Reconciliation of Net Surplus to Net Cash Flows from Operating Activities - Defence Force
2010/112011/122012/13
Actual
$000		 In 2011
Budget
$000 		Estimated
Actual
$000		 Budgeted
$000
Net surplus / (deficit)24,683(2,650)(288)(240)
Add / (less) non cash items 
Depreciation and amortisation expense333,381374,769325,119375,352
Increase / (decrease) in the provision for stock obsolescence29,153---
Increase / (decrease) in provision for doubtful debt25---
Increase / (decrease) in non-current employee entitlements(5,700)(1,000)-(2,000)
Asset write offs-2,7502,850250
Realised foreign exchange gain / (loss)1,894---
Other non cash items-(2,750)(2,850)(250)
Total non cash items358,753373,769325,119373,352
Add / (less) items classified as investing or financing activities 
(Gains) / losses on disposal of Property, Plant and Equipment8,091---
Total items classified as investing or financing activities 8,091---
Add / (less) movements in working capital items 
(Increase) / decrease in debtors and receivables(106,961)(4,483)(82,851)106,858
(Increase) / decrease in interest----
(Increase) / decrease in inventories(41,999)(27,370)27,7988,600
(Increase) / decrease in prepayments12,22209,649-
Increase / (decrease) in creditors and other payables24,315(1,744)(6,907)(1,691)
Increase / (decrease) in GST payables(508)(637)(3,363)(5,572)
Increase / (decrease) in provisions3,863---
Increase / (decrease) in current employee entitlements9,385--(870)
Net movements in working capital(99,683)(34,234)(55,674)107,325

Net cash from operating activities

291,844336,885269,157480,437
Page top