Statement of Cash Flows
For the year ended 30 June 2011
| Note |
2011 $000 |
2010 $000 |
|
|---|---|---|---|
CASH FLOWS FROM STATE GOVERNMENT |
|||
|
Service appropriation |
569,057 |
533,690 |
|
|
Capital appropriation - other government agencies |
992 |
4,373 |
|
|
Capital appropriation |
88,721 |
58,501 |
|
|
Royalties for Regions Fund |
1,900 |
0 |
|
Net cash provided by State Government |
660,670 |
596,564 |
|
Utilised as follows: |
|||
CASH FLOWS FROM OPERATING ACTIVITIES |
|||
Payments |
|||
|
Employee benefits |
(119,018) |
(118,516) |
|
|
Supplies and services |
(209,324) |
(216,627) |
|
|
Finance costs |
(67,524) |
(51,133) |
|
|
Grants and subsidies |
(336,162) |
(320,554) |
|
|
GST payments on purchases |
(70,693) |
(68,737) |
|
|
Other payments |
(8,657) |
(8,127) |
|
Receipts |
|||
|
User charges and fees: Transwa |
10,985 |
11,024 |
|
|
User charges and fees: Transperth Train Operations and buses |
172,818 |
156,071 |
|
|
Commonwealth grants and contributions |
440 |
416 |
|
|
Interest received |
1,662 |
1,047 |
|
|
GST receipts on sales |
22,183 |
18,444 |
|
|
GST receipts from taxation authority |
48,102 |
52,456 |
|
|
Other receipts |
39,795 |
22,308 |
|
Net cash used in operating activities |
34 |
(515,393) |
(521,928) |
CASH FLOWS FROM INVESTING ACTIVITIES |
|||
Payments |
|||
|
Purchase of non-current physical assets |
(179,133) |
(166,625) |
|
Receipts |
|||
|
Proceeds from sale of non-current physical assets |
390 |
492 |
|
Net cash used in investing activities |
(178,743) |
(166,133) |
|
CASH FLOWS FROM FINANCING ACTIVITIES |
|||
Payments |
|||
|
Repayment of borrowings |
(50,353) |
(70,299) |
|
|
Other repayments |
(389) |
(386) |
|
Receipts |
|||
|
Proceeds from borrowings |
125,000 |
155,000 |
|
Net cash provided by financing activities |
74,258 |
84,315 |
|
Net increase/(decrease) in cash and cash equivalents |
40,792 |
(7,182) |
|
|
Cash and cash equivalents at the beginning of the period |
54,055 |
61,237 |
|
CASH AND CASH EQUIVALENTS AT THE END OF PERIOD |
34 |
94,847 |
54,055 |
The Statement of Cash Flows should be read in conjunction with the accompanying notes.