Department of Foreign Affairs and Trade
Notes to and Forming Part of the Financial Statements

Note 12: Cash Flow Reconciliation

2015 2014
$’000 $’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 84,720   75,769
    Statement of financial position 84,720   75,769
Discrepancy  
 
Reconciliation of net cost of services to net cash from/(used by) operating activities  
    Net cost of services (1,410,876)   (1,419,890)
    Revenue from Government 1,303,974 1,327,693
   
Adjustments for non-cash items    
    Depreciation/amortisation 147,490   156,149
    Write-off and impairment of assets 17,950   9,055
    Gain on sale of assets (536)   (972)
    Effect of foreign exchange on cash (6,280)   1,247
    Reversal of previous asset write-downs and impairments (34)   (330)
   
Movements in assets and liabilities    
Assets    
    Decrease in net receivables 151,726   90,513
    (Increase) / Decrease in inventories (11,308)   2,799
    (Increase) / Decrease in prepayments 15,547   (31,768)
Liabilities    
    Increase / (Decrease) in employee provisions (7,881)   35,374
    Increase in supplier payables 4,385   21,603
    Increase / (Decrease) in other provisions (559)   484
    Increase / (Decrease) in other liabilities 16,923   (18,090)
Net cash from operating activities 220,521 173,867