Te pŪrongo 2012
Statement of cash flows (continued)
For the year ended 31 December 2012
Reconciliation from the net surplus to the net cash flows from operating activities
Group Group Parent
Parent
2012 2011 2012
2011
$’000 $’000 $’000 $’000
Surplus/(deficit) from the statement of comprehensive income
7,947
7,286
9,091
8,456
Add/(less) non-cash items
Depreciation and amortisation expense
7,660
7,795
6,647
7,038
Found property, plant and equipment
(959)
-
(959)
-
Net (gain) on lease make good provision
195
-
117
-
Asset impairment
691
829
690
829
Total non-cash items
7,587
8,624
6,495
7,867
Add/(less) items classified as investing or financing activities
Net (gain) on disposal of property, plant and equipment
(98)
(279)
(86)
(291)
Total items classified as investing or financing activities
(98)
(279)
(86)
(291)
Add/(less) movements in working capital items
(Increase)/decrease in inventories
28
(202)
141
(82)
(Increase)/decrease in trade and other receivables
(555)
(1,672)
(512)
110
(Increase)/decrease in prepayments
-
88
(41)
153
(Increase)/decrease in interest accrued
(21)
(293)
50
(286)
Increase/(decrease) in trade and other payables
(198)
4,171 (1,671)
11
Increase/(decrease) in revenue received in advance
(172)
(598)
(172)
(571)
Increase/(decrease) in tauira fees
(53)
(196)
(111)
(196)
Increase/(decrease) in provision for employee entitlements
(490)
(37)
(544)
(105)
Net movement in working capital
(1,461)
1,261 (2,860)
(966)
Net cash flow from operating activities
13,975
16,892
12,640
15,066
The accompanying notes form part of these financial statements.
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