51 TE PŪRONGO 2013
For the year ended 31 December 2013
Statement of
cash flows
Group Group Group Parent Parent Parent
Actual
Budget Actual
Actual Budget Actual
Dec 13 Dec 13 Dec 12 Dec 13 Dec 13 Dec 12
$’000 $’000 $’000 $’000 $’000 $’000
Cash flows from operating activities
Receipts from government grants
133,649 135,261 134,987 133,705 134,517 135,043
Receipts from tauira fees
6,481 8,477 5,844 5,492 7,824 5,104
Dividend income
1
-
3
1
-
3
Interest income received
3,714 3,295 3,233 3,484 3,100 3,103
Receipts from other income
7,255 7,621 6,410 15,546 12,470 13,455
Payments to kaimahi
(87,773) (83,713) (85,786) (78,571) (74,946) (76,747)
Payments to suppliers
(53,653) (56,983) (50,716) (72,139) (69,511) (67,321)
Net cash flow from operating activities
9,674 13,958 13,975 7,518 13,454 12,640
Cash flows from investing activities
Sale of property, plant and equipment
436
-
178
407
-
156
Sale of investments
39,692 8,035 30,631 38,500 3,000 30,631
Purchase of property, plant and equipment
(11,699) (16,792) (13,297) (10,618) (15,662) (12,460)
Software development
(850)
(1,210)
(290)
(78)
(685)
(70)
Programme development
(2,102)
(2,195)
(1,876)
(1,115)
(1,500) (1,385)
Purchase of investments
(37,493)
- (34,168) (37,393)
- (34,000)
Net cash flow from investing activities
(12,016) (12,162) (18,822) (10,297) (14,847) (17,128)
Net cash flow from financing activities
-
-
-
-
-
-
Net increase/(decrease) in cash and cash equivalents
(2,342)
1,796 (4,847)
(2,779)
(1,393) (4,488)
Cash and cash equivalents 1 January
5,376 2,952 10,223 4,703 2,541 9,191
Cash and cash equivalents 31 December
3,034 4,748 5,376 1,924 1,148 4,703
The accompanying notes form part of these financial statements.
