Cash flow statement
Notes | 2020 $’000 | 2019 $’000 | Budget $’000 | |
Operating Activities | ||||
Cash received | ||||
Receipts from Government | 199,534 | 154,141 | 154,118 | |
Sale of goods and rendering of services | 16,101 | 21,480 | 20,700 | |
Interest | 665 | 1,025 | 600 | |
Net GST received | 1,167 | 3,067 | — | |
Total cash received | 217,467 | 179,713 | 175,418 | |
Cash used | ||||
Employees | 35,772 | 34,918 | 35,700 | |
Suppliers | 109,263 | 136,700 | 132,718 | |
Interest payments on lease liabilities | 86 | — | — | |
Total cash used | 145,121 | 171,618 | 168,418 | |
Net cash from operating activities | 72,346 | 8,095 | 7,000 | |
Investing Activities | ||||
Cash used | ||||
Purchase of leasehold improvements and plant and equipment | 1,039 | 1,438 | 4,500 | |
Purchase of intangibles | 9,142 | 744 | — | |
Total cash used | 10,181 | 2,182 | 4,500 | |
Net cash used by investing activities | 10,181 | 2,182 | 4,500 | |
Financing Activities | ||||
Cash used | ||||
Principal payments of lease liabilities | 6,414 | — | — | |
Total cash used | 6,414 | — | — | |
Net cash used by investing activities | 6,414 | — | — | |
Net increase/(decrease) in cash held | 55,751 | 5,913 | 2,500 | |
Cash and cash equivalents at the beginning of the reporting period | 13,640 | 8,123 | 16,323 | |
Effect of exchange rate movements on cash and cash equivalents at the beginning of the reporting period | (730) | (396) | — | |
Cash and cash equivalents at the end of the reporting period | 68,661 | 13,640 | 18,823 |
The above statement should be read in conjunction with the accompanying notes.
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https://www.transparency.gov.au/annual-reports/tourism-australia/reporting-year/2019-20-115