Note 5 - 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) | 2,849 | - | 500 | - |
| Add/(less) non-cash items | ||||
| Depreciation and amortisation expense | 771 | 840 | 465 | 381 |
| Total non-cash items | 771 | 840 | 465 | 381 |
| Add/(less) items classified as investing or financing activities | ||||
| (Gains)/losses on disposal property, plant and equipment | 7 | - | - | - |
| Total items classified as investing or financing activities | 7 | - | - | - |
| Add/(less) movements in working capital items | ||||
| (Inc)/Dec in debtors and other receivables | 680 | 869 | 35 | - |
| Inc/(Dec) in creditors and other payables | (1,282) | (1,059) | 738 | (381) |
| Inc/ (Dec) in employee entitlements | (106) | - | (437) | - |
| Inc/(Dec) in unearned income | (289) | - | (100) | - |
| Inc/(Dec) in provisions | 380 | - | (251) | - |
| Net movements in working capital items | (617) | (190) | (15) | (381) |
| Inc/(Dec) in non-current provisions | (118) | - | - | - |
| Inc/(Dec) in employee entitlements | (80) | - | - | - |
| Net cash from operating activities | 2,812 | 650 | 950 | - |
