FORECAST FINANCIAL STATEMENTS FOR THE YEAR ENDING 30 JUNE 2007
RECONCILIATION OF NET CASH FLOWS FROM OPERATING ACTIVITIES TO NET SURPLUS/ (DEFICIT) IN THE STATEMENT OF FINANCIAL PERFORMANCE
For the year ending 30 June 2007
|
2005/06 |
2006/07
|
|
|
BUDGETED $000 |
ESTIMATED
ACTUAL $000 |
BUDGETED $000 |
| Net Surplus/(Deficit) | (4,504) |
6,996 |
73 |
| Add/(less) non-cash items: | |||
| Depreciation | 9,867 |
9,867 |
10,480 |
| Unrealised FX (gain)/loss | - |
- |
- |
| Other non-cash items | - |
- |
- |
| Add/(less) movements in working capital items: | |||
| (Increase)/decrease in debtors and receivables | 1,028 |
1,028 |
- |
| (Increase)/decrease in prepayments | 1,315 |
1,315 |
- |
| Increase/(decrease) in creditors and payables* | (10,307) |
(10,307) |
(18) |
| Increase/(decrease) in employee entitlements | 98 |
98 |
- |
| Add/(less) item classified as investing activity: | |||
| Net loss/(profit) on sale of fixed assets | (16) |
(16) |
- |
| Net Cash Flows from Operating Activities | (2,519) |
8,981 |
10,535 |
* Adjusted for non-operating items.