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A n n u a l R e p o r t
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Notes to the financial statements are included on pages 39 to 79
Cash Flow Statement
for the year ended 31 March 2012
Reconciliation of net profit before tax to net cash from operating activities before tax
Group
Parent
2012
2011
2012
2011
Note
$’000
$’000
$’000
$’000
Profit before tax for the period
9,352
11,004
7,698
15,539
Adjustments for non cash items:
Depreciation and amortisation
9,764
8,612
7,904
7,443
Intercompany dividend payments
-
-
-
(5,250)
(Gain)/loss on disposal of non-current assets
(18)
28
(71)
8
Capitalised interest expense
8
(399)
(459)
(145)
(150)
Impairment of accounts receivable
-
170
-
154
Impairment of intercompany loan
-
-
779
-
18,699
19,355
16,165
17,744
Changes in net assets and liabilities
Trade and other receivables
(1,041)
1,224
(673)
878
Construction contracts
11
(119)
11
(121)
Inventories
(126)
(109)
(132)
127
Trade and other payables
(206)
820
(302)
1,296
Current provision for staff entitlements
71
(16)
127
31
Non current provision for staff entitlements
(39)
(23)
30
(98)
Net cash used in investing activities
(1,330)
1,777
(939)
2,113
Net cash from operating activities before tax
17,369
21,132
15,226
19,857
cash flow statement (continued)
for the year ended 31 March 2012
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A n n u a l R e p o r t
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