Cash Flow Statement
for the period ended 30 June 2019
|
2019 |
2018 |
Original Budget |
||
|---|---|---|---|---|
|
$’000 |
$’000 |
$’000 |
||
|
OPERATING ACTIVITIES |
||||
|
Cash received |
||||
|
Appropriations |
33,474 |
33,772 |
33,520 |
|
|
Sales of goods and rendering of services |
444 |
129 |
9 |
|
|
GST received |
807 |
708 |
0 |
|
|
Total cash received |
34,725 |
34,609 |
33,529 |
|
|
Cash used |
||||
|
Employees |
25,562 |
25,536 |
27,000 |
|
|
Suppliers |
6,823 |
6,836 |
6,529 |
|
|
GST paid |
757 |
744 |
0 |
|
|
Section 74 receipts transferred to OPA |
1,484 |
1,584 |
0 |
|
|
Total cash used |
34,626 |
34,700 |
33,529 |
|
|
Net cash from (used by) operating activities |
99 |
(91) |
0 |
|
|
INVESTING ACTIVITIES |
||||
|
Cash used |
||||
|
Purchase of property, plant and equipment |
408 |
338 |
211 |
|
|
Total cash used |
408 |
338 |
211 |
|
|
Net cash (used by) investing activities |
(408) |
(338) |
(211) |
|
|
FINANCING ACTIVITIES |
||||
|
Cash received |
||||
|
Contributed equity |
408 |
338 |
211 |
|
|
Total cash received |
408 |
338 |
211 |
|
|
Net cash from financing activities |
408 |
338 |
211 |
|
|
Net increase (decrease) in cash held |
99 |
(91) |
0 |
|
|
Cash and cash equivalents at the beginning of the reporting period |
337 |
428 |
428 |
|
|
Cash and cash equivalents at the end of the reporting period |
436 |
337 |
428 |
For 2018-19 GST cash flows are required to be included a gross basis. Presentation of the comparative amounts for 2017-18 have been adjusted from a net basis to a gross basis.
The above statement should be read in conjunction with the accompanying notes.
Budget Variances Commentary
The variation in total cash received and used mainly reflects lower employee related expenses (refer to the commentary under the Statement of Comprehensive Income) and a different (higher) level of aggregation of line items in the Original Budget.
Visit
https://www.transparency.gov.au/annual-reports/productivity-commission/reporting-year/2018-2019-37