Cash Flow Statement
for the period ended 30 June 2019
|
2019 |
2018 |
Original Budget |
||||
|---|---|---|---|---|---|---|
|
Note |
$'000 |
$'000 |
$'000 |
|||
|
OPERATING ACTIVITIES |
||||||
|
Cash Received |
||||||
|
Appropriations1 |
3,332,122 |
3,102,074 |
3,516,872 |
|||
|
Rendering of services2 |
123,442 |
107,534 |
122,950 |
|||
|
Receipts transferred from the Official Public Account |
310,368 |
257,660 |
- |
|||
|
GST received |
148,305 |
136,635 |
123,056 |
|||
|
Other2 |
28,436 |
17,694 |
117 |
|||
|
Total cash received |
3,942,673 |
3,621,597 |
3,762,995 |
|||
|
Cash Used |
||||||
|
Employees |
1,936,890 |
1,908,100 |
1,920,576 |
|||
|
Suppliers |
1,664,779 |
1,412,867 |
1,552,142 |
|||
|
Borrowing costs (finance leases) |
107 |
706 |
- |
|||
|
Receipts transferred to the Official Public Account |
318,201 |
281,806 |
286,464 |
|||
|
Total cash used |
3,919,977 |
3,603,479 |
3,759,182 |
|||
|
Net cash inflow from operating activities |
22,696 |
18,118 |
3,813 |
|||
|
INVESTING ACTIVITIES |
||||||
|
Cash Received |
||||||
|
Proceeds from sales of property, plant and equipment |
2 |
1 |
- |
|||
|
Total cash received |
2 |
1 |
- |
|||
|
Cash Used |
||||||
|
Purchase of property, plant and equipment |
16,775 |
22,203 |
34,487 |
|||
|
Purchase of intangibles |
153,306 |
155,770 |
109,631 |
|||
|
Total cash used |
170,081 |
177,973 |
144,118 |
|||
|
Net cash used by investing activities |
(170,079) |
(177,972) |
(144,118) |
|||
|
FINANCING ACTIVITIES |
||||||
|
Cash Received |
||||||
|
Appropriations - contributed equity1 |
170,083 |
176,314 |
140,377 |
|||
|
Total cash received |
170,083 |
176,314 |
140,377 |
|||
|
Cash Used |
||||||
|
Payment of finance lease - principal amount |
6,276 |
10,631 |
- |
|||
|
Total cash used |
6,276 |
10,631 |
- |
|||
|
Net cash inflow from financing activities |
163,807 |
165,683 |
140,377 |
|||
|
Net increase in cash held |
16,424 |
5,829 |
72 |
|||
|
Cash at the beginning of the reporting period |
28,944 |
23,115 |
22,542 |
|||
|
Cash at the end of the reporting period |
45,368 |
28,944 |
22,614 |
1 Comparatives have been reclassified from Appropriations in Operating activities to Appropriations - contributed equity in Financing Activities by $23.0 million.
2 Comparatives have been reclassified from Rendering of services to Other for recovery of legal costs ($26.8 million) and indemnity recoveries ($0.5 million) less legal cost receivables ($9.6 million).
Budget Variances Commentary : Statement of Cash Flows
|
Explanation of major variances |
|---|
|
The variances are supported by the explanations provided above in the Statement of Comprehensive Income and Statement of Financial Position. |
Visit
https://www.transparency.gov.au/annual-reports/australian-taxation-office/reporting-year/2018-2019-29