NOTES

2007

2006

$000

$000

CASH FLOWS FROM STATE GOVERNMENT

 

 

 

Service appropriation

 

561,940

480,341

Contribution - Other Government agencies

 

17,594

7,592

Capital contributions

 

1,316,946

424,947

Net cash provided by State Government

 

1,896,480

912,880

 

 

 

 

Utilised as follows:

 

 

 

CASH FLOWS FROM OPERATING ACTIVITIES

 

 

 

Payments

 

 

 

Employee benefits

 

(81,183)

(65,831)

Supplies and services

 

 (140,459)

(114,990)

Finance costs

 

(72,495)

(101,388)

Grants and subsidies

 

(253,477)

(234,193)

Capital user charge

 

(130,340)

(64,682)

GST payments on purchases

 

(81,669)

(92,173)

Other payments

 

(7,548)

(6,917)

 

 

 

 

Receipts

 

 

 

User charges and fees: Transwa

 

11,115

10,000

User charges and fees: Transperth train operations

 

27,241

26,851

User charges and fees: Transperth buses

 

76,351

68,000

Interest received

 

2,291

  833

GST receipts on sales

 

  13,843

  9,806

GST receipts from taxation authority

 

68,807

  79,665

Other receipts

 

10,816

  10,801

Net cash used in operating activities

36

(556,707)

(474,218)

 

 

 

 

CASH FLOWS FROM INVESTING ACTIVITIES

 

 

 

Proceeds from sale of non-current physical assets

 

1,081

299

Purchase of non-current physical assets PTA

 

(125,096)

(93,344)

Purchase of non-current physical assets New MetroRail

 

(301,472)

(483,907)

Net cash used in investing activities

 

(425,487)

(576,952)

 

 

 

 

CASH FLOWS FROM FINANCING ACTIVITIES

 

 

 

Proceeds from borrowings

 

258,000

631,361

Repayment of borrowings

 

(1,118,024)

(488,175)

Other repayments

 

(3,282)

(7,749)

Net cash provided by financing activities

 

(863,306)

135,437

 

 

 

 

Net increase/(decrease) in cash held

 

50,980

(2,853)

Cash and cash equivalents at the beginning of the period

 

1,840

4,693

CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD

36

52,820

1,840

The Cash Flow Statement should be read in conjunction with the accompanying notes.