|
|
|
| Note 17. Cash flow information |
| |
|
|
|
| |
Consolidated |
|
Council |
| |
2009 |
2008 |
|
2009 |
2008 |
| |
$'000 |
$'000 |
Note |
$'000 |
$'000 |
| a) Reconciliation of Surplus for the year to Net Cash Provided By Operating Activities |
| Surplus for the year |
29,208 |
98,861 |
|
24,994 |
94,007 |
| Non cash items included in Surplus for the year |
|
|
|
|
|
| Depreciation and amortisation |
53,316 |
49,842 |
|
43,887 |
42,502 |
| (Gain)/Loss on sale of property, plant and equipment |
2,647 |
(4,968) |
|
2,349 |
(4,880) |
| Transfer of Assets to external parties |
23,475 |
- |
|
23,475 |
- |
| Non current asset additions |
(18,821) |
(6,994) |
|
(18,821) |
(6,994) |
| (Gain)/Loss on revaluation of investment properties |
- |
(20,411) |
|
- |
(20,411) |
| |
|
|
|
|
|
| Changes in assets and liabilities in relation to operating activities: |
|
|
|
|
|
| (Increase)/Decrease in Trade and other Receivables |
3,054 |
(46,987) |
|
(2,165) |
(42,864) |
| (Increase)/Decrease in Other Assets |
(245) |
574 |
|
(121) |
(2,855) |
| (Increase)/Decrease in Inventories |
115 |
(35) |
|
- |
- |
| (Increase)/Decrease in Assets held for sale |
2,770 |
|
|
2,770 |
|
| (Increase)/Decrease in Accrued Income |
(274) |
|
|
(476) |
|
| Increase/(Decrease) in Trade and other Payables |
(9,778) |
1,913 |
|
(7,625) |
1,843 |
| Increase/(Decrease) in Superannuation Liability |
14,482 |
|
|
- |
|
| Increase/(Decrease) in Employee benefits |
2,983 |
(1,480) |
|
1,980 |
(2,111) |
| Increase/(Decrease) in Provisions |
(133) |
157 |
|
(88) |
157 |
| Net cash provided by operating activities |
102,799 |
70,471 |
|
70,159 |
58,394 |
| |
| b) Components of Cash |
|
|
|
|
| Cash at the end of the financial year as shown in the statement of financial position and the statement of cash flows comprises: |
| Cash on hand |
64 |
71 |
23 |
32 |
32 |
| Cash at bank |
3,803 |
(293) |
23 |
2,283 |
10 |
| Bank Bills, Negotiable Certificates of Deposit |
107,604 |
120,433 |
23 |
96,723 |
108,951 |
| Fixed Interest securities |
14,275 |
14,379 |
23 |
14,275 |
14,379 |
| |
125,745 |
134,589 |
|
113,312 |
123,372 |
| |
|
|
|
|
|
| c) Restriction on Investments |
| Specific Funding for the provision for long service leave pursuant to section 18 Local Government (Long service leave) Regulations 2003: |
| Long Service Leave |
18,961 |
16,012 |
|
14,220 |
12,119 |
| |
|
|
|
|
|
| d) Market Value |
| Market values of bank bills and negotiable certificates of deposit as at 30 June 2009 are not recognised until disposal of these investments: |
| Bank Bills and Negotiable Certificates of Deposits |
107,604 |
120,433 |
|
96,723 |
108,951 |
|
