|
2015 |
|
2014 |
|
$’000 |
|
$’000 |
| Reconciliation of cash and cash equivalents as per Administered Schedule of Assets and Liabilities to Administered Cash Flow Statement |
|
|
|
|
|
|
|
| Cash and cash equivalents as per |
|
|
|
| Schedule of administered cash flows |
1,832 |
|
16,414 |
| Schedule of administered assets and liabilities |
1,832 |
|
16,414 |
| Discrepancy |
– |
|
– |
|
|
|
|
| Reconciliation of net cost of services to net cash (used by) operating activities |
|
|
|
| Net cost of services |
(3,909,908) |
|
(4,146,900) |
|
|
|
|
| Adjustments for non-cash items |
|
|
|
| Depreciation and Amortisation |
1,322 |
|
2,479 |
| Net write-down of non-financial assets |
3 |
|
925 |
| Gains on valuation of ‘available for sale’ financial assets |
(391,236) |
|
(51,225) |
| Effect of foreign exchange on cash (loss) |
11,022 |
|
(168) |
| Non-cash finance expense |
59,165 |
|
50,630 |
| Non-cash grants and contributions expense |
21,342 |
|
384,270 |
|
|
|
|
| Movements in assets and liabilities |
|
|
|
| Assets |
|
|
|
| (Increase) / decrease in net receivables |
(19,389) |
|
4,518 |
| Decrease in other non-financial assets |
501 |
|
1,729 |
| Liabilities |
|
|
|
| Increase in supplier payables |
23,915 |
|
60,076 |
| (Decrease) / increase in grants payable |
(76) |
|
98,273 |
| (Decrease) / increase in employee provisions |
19,673 |
|
(1,778) |
| Increase in other payables (unearned income) |
2,605 |
|
7,203 |
| (Decrease) in other provisions |
(13) |
|
(45) |
| Net cash (used by) operating activities |
(4,181,074) |
|
(3,590,013) |