Note 3 - 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 | |
| Surplus | 916 | - | 864 | - |
| Add non-cash items | ||||
| Depreciation and amortisation | 867 | 1,071 | 901 | 1,204 |
| Total non-cash items | 867 | 1,071 | 901 | 1,204 |
| Add/(less) items classified as investing or financing activities | ||||
| Loss/(profit) on sale of plant and equipment | 53 | - | 40 | - |
| Total items classified as investing or financing activities | 53 | - | 40 | - |
| Add/(less) movements in working capital items | ||||
| (Increase)/decrease in receivables and prepayments | (552) | (166) | (189) | 468 |
| (Increase)/decrease in work in progress | 239 | - | (114) | 200 |
| Increase/(decrease) in payables | 656 | 95 | 66 | (178) |
| Increase/(decrease) in employee entitlements | 180 | 29 | (50) | (79) |
| Net movements in working capital items | 523 | (42) | (287) | 411 |
| Add/(less) movements in non-current liabilities | ||||
| Increase/(decrease) in employee entitlements | 22 | 10 | 1 | (12) |
| Net Cash from Operating Activities | 2,381 | 1,039 | 1,519 | 1,603 |
