Note 7 - 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) | 2,327 | - | (91) | (31) |
| Add / (less) non-cash items | ||||
| Depreciation and amortisation expense Impairment | 58,233 | 64,011 | 58,077 | 64,412 |
| Total non-cash items | 58,233 | 64,011 | 58,077 | 64,412 |
| Add / (less) movements in working capital items | ||||
| Movement in debtors and other receivables | 15,469 | (154) | (63,152) | 11,138 |
| Movement in creditors and payables | 7,710 | (11,366) | 2,402 | (8,743) |
| Net movements in working capital items | 23,179 | (11,520) | (60,750) | 2,395 |
| Net cash from operating activities | 83,739 | 52,491 | (2,764) | 66,776 |
