Budget Variances Commentary for the Cash Flow Statement
During 2020 there was $24.8 million cash used and $26.3 million cash received from other investments. This is the revenue from Government from the Portfolio Department which is invested by the NFSA in term deposits until required for employee or supplier payments. 5 months of appropriations were received at the beginning of the financial year and the remaining 7 months were received at the beginning of December 2019.
The cash used for the purchase of property, plant and equipment was $3.1 million higher than the original budget due to the spend on stonework modernisation.