Cash Flow Statement
for the period ended 30 June 2020 | |||||
Original | |||||
2020 | 2019 | Budget | |||
$'000 | $'000 | $'000 | |||
OPERATING ACTIVITIES | |||||
Cash received | |||||
Receipts from Government | 10,319 | 9,505 | 10,340 | ||
Interest | 18 | 56 | 30 | ||
Sundry | - | - | - | ||
Total cash received | 10,337 | 9,561 | 10,370 | ||
Cash used | |||||
Employees | 7,380 | 6,980 | 6,925 | ||
Suppliers | 4,476 | 2,424 | 3,456 | ||
Total cash used | 11,856 | 9,404 | 10,381 | ||
Net cash from operating activities | (1,519) | 157 | (11) | ||
FINANCING ACTIVITIES | |||||
Cash used | |||||
Principal payments of lease liabilities | 121 | - | - | ||
Total cash used | 121 | - | - | ||
Net cash from financing activities | (121) | - | - | ||
Net increase/(decrease) in cash held | (1,640) | 157 | (11) | ||
Cash at the beginning of the reporting period | 5,275 | 5,118 | 4,075 | ||
Cash at end of the reporting period | 3,635 | 5,275 | 4,064 |
The major variance is that NAIF has paid a higher amount to suppliers and has a corresponding lower amount of liabilities to suppliers on the balance sheet.
The above statement should be read in conjunction with the accompanying notes.
Visit
https://www.transparency.gov.au/annual-reports/northern-australia-infrastructure-facility/reporting-year/2019-20-60