33 Notes to the Statement of Cash Flows
| 2012 $000 |
2011 $000 |
|
|---|---|---|
| Reconciliation of cash and cash equivalents | ||
| Cash and cash equivalents at the end of the financial year as shown in the Statement of Cash Flows is reconciled to the related items in the Statement of Financial Position as follows: | ||
| Cash and cash equivalents | 48,138 | 66,608 |
| Restricted cash and cash equivalents (refer to note 19) | 33,579 | 28,239 |
| 81,717 | 94,847 | |
| Financing facilities | ||
| The PTA has a short-term liquidity facility of $200 million (2010-11: $200 million) with the WATC. | ||
| Amounts drawn from this facility at June 30 | 0 | 25,000 |
| Reconciliation of net cost of services to net cash flows used in operating activities | ||
| Net cost of services | (843,463) | (772,404) |
| Non cash items: | ||
| Depreciation and amortisation expense | 245,646 | 242,957 |
| Loss on sale of property, plant and equipment | 816 | 101 |
| Resources received free of charge | 455 | 361 |
| (Increase)/decrease in assets: | ||
| Current receivables | (2,194) | (2,760) |
| Current inventories | (301) | 905 |
| Increase/(decrease) in liabilities: | ||
| Current payables | 678 | 8,832 |
| Current provisions | 6,951 | 11,720 |
| Other current liabilities | (1,043) | (625) |
| Non-current provisions | (496) | 1,257 |
| Non-current deferred operating lease revenue | (5,466) | (5,466) |
| Change in GST receivables/payments | (2,551) | (271) |
| Net cash used in operating activities | (600,968) | (515,393) |