Note 42. Cash Flow Reconciliation

(a) Reconciliation of Cash and Cash Equivalents at the end of the reporting period in the Cash Flow Statement to the equivalent items in the Balance Sheet

 

 

2015
$’000

2014
$’000

Cash and Cash Equivalents Disclosed in the Balance Sheet

105,069

107,256

Cash and Cash Equivalents at the End of the Reporting Period as Recorded in the Cash Flow Statement

105,069

107,256

(b) Reconciliation of Net Cash Inflows/(Outflows) from Operating Activities to the Operating (Deficit)

Operating (Deficit)

(44,630)

(37,645)

Add/(Less) Non-Cash Items

 

 

Depreciation of Property, Plant and Equipment

36,396

27,642

Amortisation of Intangibles

10,190

4,841

Bad and Doubtful Debts

2,026

1,808

Asset Book Value Written Down

837

16

Impairment Loss of Non-Current Assets

217

530

Assets transferred from Other ACT Government Entities

(485)

-

Add/(Less) Items Classified as Investing or Financing

 

 

Unrealised Gain on Investments

(12)

(4)

Gain from Derecognition of Finance Lease Liability

(5,469)

-

Loss on Derecognition of Motor Vehicles under a Finance Lease

5,286

-

Cash Before Changes in Operating Assets and Liabilities

4,356

(2,812)

 

 

 

 

Changes in Operating Assets and Liabilities

 

 

(Increase)/Decrease in Receivables

(3,774)

102,415

(Increase)/Decrease in Inventories

(849)

306

(Increase) in Other Assets

(548)

(716)

Increase/(Decrease) in Payables

6,095

(18,407)

Increase in Other Provisions

22,027

29,071

(Decrease) in Other Liabilities

(154)

(1,701)

Net Changes in Operating Assets and Liabilities

22,797

110,969

 

 

 

 

Net Cashflows from Operating Activities

27,154

108,157

 

 

 

 

(c) Non-Cash Financing and Investing Activities

Due to a change in the whole of Government vehicle leasing arrangements with SG Fleet, from 23 April 2015 all such leases for the  Directorate are classified as operating leases rather than finance leases.

 

 

2015
$’000

2014
$’000

Acquisition of Motor Vehicles by Means of Finance Lease

1,703

2,322