Note 7: Cash Flow Reconciliation
AASB | AUASB | ||||||
2020 | 2019 | 2020 | 2019 | ||||
$ | $ | $ | $ | ||||
Reconciliation of net cost of services to net cash from operating activities: | |||||||
Net cost of services | (3,313,776) | (3,618,332) | (2,182,114) | (2,192,424) | |||
Add revenue from Government | 3,598,000 | 3,595,000 | 2,398,000 | 2,116,000 | |||
Adjust for proceeds of disposal of assets (Investing Activity) | (75) | (2,162) | 0 | 0 | |||
Adjustments for non-cash items | |||||||
Depreciation / amortisation | 250,633 | 54,563 | 0 | 0 | |||
Lease incentive - (530 Collins St) | 0 | (16,627) | 0 | 0 | |||
Net write down of non-financial assets | 226 | 35,787 | 0 | 0 | |||
Movements in assets / liabilities | |||||||
Assets | |||||||
(Increase) / decrease in net receivables | 1,701,677 | 266,528 | 617,168 | (175,166) | |||
(Increase) / decrease in prepayments | 33,110 | (44,316) | (38,960) | 0 | |||
Liabilities | |||||||
Increase / (decrease) in employee provisions | 10,478 | (2,281) | 83,525 | 51,555 | |||
Increase / (decrease) in supplier payables | (193,481) | 81,882 | (51,374) | 68,290 | |||
Increase / (decrease) in other payables | (182,271) | 107,480 | 19,611 | (17,078) | |||
Net cash from / (used by) operating activities | 1,904,521 | 457,522 | 845,855 | (148,823) | |||
Visit
https://www.transparency.gov.au/annual-reports/office-australian-accounting-standards-board/reporting-year/2019-20-42