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Cash Flow Statement

for the year ended 30 June 2020

2020

2019

Original Budget

Notes

$

$

$

OPERATING ACTIVITIES

Cash received

Appropriations

8,966,990

6,678,756

7,176,000

Rendering of services

255,890

1,527,062

530,000

Net GST received

-

32,564

240,000

Total cash received

9,222,880

8,238,383

7,946,000

Cash used

Employees

(4,914,957)

(3,432,049)

(3,935,000)

Suppliers

(2,150,896)

(2,418,602)

(3,771,000)

Interest payments on lease liabilities

(27,240)

-

-

Net GST paid

(2,384)

-

(240,000)

Section 74 receipts transferred to the Official Public Account (OPA)

(1,195,298)

(2,730,105)

-

Total cash used

(8,290,775)

(8,580,756)

(7,946,000)

Net cash from/(used by) operating activities

932,105

(342,373)

-

INVESTING ACTIVITIES

Cash used

Purchase of property, plant and equipment

(20,510)

(35,432)

(24,000)

Total cash used

(20,510)

(35,432)

(24,000)

Net cash used by investing activities

(20,510)

(35,432)

(24,000)

FINANCING ACTIVITIES

Cash received

Appropriations - Departmental capital budget - Bill 1

20,510

24,000

24,000

Appropriations - Equity injections - Bill 2

-

11,432

-

Total cash received

20,510

35,432

24,000

Cash used

Principal payments of lease liabilities

(809,128)

-

-

Total cash used

(809,128)

-

-

Net cash from/(used by) financing activities

(788,618)

35,432

24,000

Net increase/(decrease) in cash held

122,977

(342,373)

-

Cash and cash equivalents at the beginning of the reporting period

-

342,373

342,000

Cash and cash equivalents at the end of the reporting period

3.1A

122,977

-

342,000

The above statement should be read in conjunction with the accompanying notes.

For Budgetary reporting information refer to Note 9. The original budget is the budget published in the 2019-20 Portfolio Budget Statements. The budget statement information has been reclassified and presented on a consistent basis with the corresponding financial statement items.