03 Financial Statements NOTE 9: CASH FLOW RECONCILIATION

CEFC ANNUAL REPORT / 2014–15

Note 9: Cash Flow Reconciliation

 

 

2015

$'000

2014

$'000

Reconciliation of cash and cash equivalents as per statement of financial position to cash flow statement

   

Cash and cash equivalents as per:

   

Cash flow statement

149,577

123,102

Statement of financial position

149,577

123,102

Difference

-

-

Reconciliation of net cost of services to net cash from operating activities

   

Net contribution from services:

31,155

17,296

Revenue from Australian Government

-

8,000

Adjustments for non-cash items

   

Depreciation and amortisation

455

387

Concessional loan charge

1,392

5,582

Impairment

2,271

542

Provision for irrevocable commitments

266

232

Capitalised interest and fees on loans

(3,147)

(1,276)

Amortisation of concessional loan discount

(1,508)

(1,414)

Interest on make good

6

6

Gain on elimination of make good

(139)

-

Distribution from equity investment

(14)

-

 

 

2015

$’000

2014

$’000

Movements in assets and liabilities

   

Assets

   

(Increase) / decrease in net receivables

590

(7,082)

(Increase) / decrease in prepayments and other assets

75

134

Liabilities

   

Increase / (decrease) in employee provisions

279

310

Increase / (decrease) in supplier payables

311

692

Increase / (decrease) in unearned income

549

3,430

Increase / (decrease) in other payables

(296)

2,411

Increase / (decrease) in other provisions

-

(16)

Net cash from operating activities

32,245

29,234