Home › Financial Statements › Notes to and forming part of the financial statements: Note 10. Cash Flow Reconciliation
Notes to and forming part of the financial statements
For the year ended 30 June 2007
- Note 1: Summary of Significant Accounting Policies
- Note 2: Economic Dependency
- Note 3: Events Occuring After Reporting Date
- Note 4: Income
- Note 5: Operating Expenses
- Note 6: Financial Assets
- Note 7: Non-Financial Assets
- Note 8: Provisions
- Note 9: Payables
- Note 10: Cash Flow Reconciliation
- Note 11: Director Remuneration
- Note 12: Related Party Disclosures
- Note 13: Executive Remuneration
- Note 14: Remuneration of Auditors
- Note 15: Average Staffing Levels
- Note 16: Financial Instruments
- Note 17: Reporting of Outcome
Note 10. Cash Flow Reconciliation
| (a) Reconciliation of cash and cash equivalents per Balance Sheet to Statement of Cash Flow Statement | 2007 | 2006 | |
|---|---|---|---|
| $'000 | $'000 | ||
| Cash at year end per Statement of Cash Flows | 4,600 | 12,071 | |
| Balance Sheet items comprising above cash: 'Financial Asset-Cash and cash equivalents' |
6A | 4,600 | 12,071 |
| (b) Reconciliation of Operating Result to net Cash from Operating Activities: | 2007 | 2006 | |
| $'000 | $'000 | ||
| Operating result | (18,461) | (11,584) | |
| Depreciation and amortisation | 571 | 424 | |
| Write down of assets | 1,356 | 169 | |
| Revaluation of investments | 671 | 1,468 | |
| Share of net profit/loss of associates | 217 | - | |
| Interest accrued on investments | 31 | 65 | |
| Changes in assets and liabilities | |||
| (Increase)/decrease in receivables | 989 | (1,586) | |
| (Increase)/decrease in accrued interest | 21 | (19) | |
| (Increase)/decrease in prepayments | 72 | (45) | |
| Increase/(decrease) in employee entitlements | 144 | 16 | |
| Increase/(decrease) in payables | (4,710) | 3,630 | |
| Net cash from/(used by) operating activities | (19,099) | (7,462) | |