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CASH FLOW STATEMENT

for the year ended 30 June 2020

2020

2019

Original Budget

Notes

$'000

$'000

$'000

OPERATING ACTIVITIES

Cash received

Appropriations

13,416

20,655

10,419

Sale of goods and rendering of services

2,248

1,880

2,494

Net GST received

888

1,044

-

Other

123

597

-

Total cash received

16,675

24,176

12,913

Cash used

Employees

6,308

6,137

6,971

Suppliers

7,091

15,086

5,942

Interest payments on lease liabilities

9

-

-

Section 74 receipts transferred to OPA

3,310

3,374

-

Total cash used

16,718

24,597

12,913

Net cash from/(used by) operating activities

(43)

(421)

-

INVESTING ACTIVITIES

Cash received

Contributions revenue

300

225

-

Total cash received

300

225

-

Cash used

Purchase of property, plant and equipment

1,120

339

2,161

Purchase of computer software

1,799

571

-

Total cash used

2,919

910

2,161

Net cash from/(used by) investing activities

(2,619)

(685)

(2,161)

FINANCING ACTIVITIES

Cash received

Contributed equity

3,064

885

2,161

Total cash received

3,064

885

2,161

Cash used

Principal payments of lease liabilities

323

-

-

Total cash used

323

-

-

Net cash from/(used by) financing activities

2,741

885

2,161

Net increase/(decrease) in cash held

79

(221)

-

Cash and cash equivalents at the beginning of the reporting period

112

333

333

Cash and cash equivalents at the end of the reporting period

191

112

333

The above statement should be read in conjunction with the accompanying notes. Refer to Note 8.2 for budgetary reporting information.