Note 6 - 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 operating (deficit)/surplus | (187) | 0 | 2,800 | - |
| Add non-cash items: | ||||
| Depreciation | 11,062 | 13,504 | 10,184 | 12,371 |
| Inc/(Dec) in non-current employee entitlements | 356 | (328) | 267 | (951) |
| Inc/(Dec) in non-current provisions | - | - | - | - |
| Working capital movements: | ||||
| (Inc)/Dec in debtors and receivables | (1,103) | (1,063) | - | 40 |
| (Inc)/Dec in Provision for bad debts | - | - | - | - |
| (Inc)/Dec advances and prepayments | (364) | 388 | - | 752 |
| Inc/(Dec) in creditors and other payables | 14,086 | (460) | (14,689) | 1,551 |
| Inc/(Dec) in GST payable | - | - | - | - |
| Inc/(Dec) in employee entitlements | 331 | 1,134 | 213 | 590 |
| Inc/(Dec) in deferred revenue | - | - | - | - |
| Inc/(Dec) in current provisions | - | - | - | - |
| Inc/(Dec) in Provision - Debtor Crown | - | - | - | - |
| Inc/(Dec) Other items | - | 329 | - | 10 |
Net working capital movements | 12,950 | 328 | (14,476) | 2,943 |
| Investing activity items: | ||||
| (Gain)/loss on sale of fixed assets | 1,072 | - | - | - |
| (Gain)/loss on reduction of work in progress | - | |||
| Net cash flows from operating activities | 25,253 | 13,504 | (1,225) | 14,363 |
