35 Notes to the Cash Flow Statement
a) Reconciliation of cash
Cash at the end of the financial year as shown in the Statement of Cash Flow is reconciled to the related items in the Balance Sheet as follows:
|
2009 |
2008 |
|
|---|---|---|
|
Cash and cash equivalents |
59,307 |
54,093 |
|
Restricted cash and cash equivalents (refer to note 20) |
1,930 |
509 |
|
61,237 |
54,602 |
b) Financing facilities
The PTA has a short-term liquidity facility of $200 million (2007/08: $200 million) with the Western Australian Treasury Corporation.
|
2009 |
2008 |
|
|---|---|---|
|
Amounts drawn from this facility at June 30 |
14,907 |
100,852 |
In 2008, The Western Australian Treasury Corporation had provided $US 42.8 million to the PTA to meet contingent obligations under a lease agreement that may eventuate during the life of the lease, but none of this facility had been drawn. This facility has been terminated in 2009.
c) Reconciliation of net cost of services to net cash flows (used in) operating activities
|
2009 |
2008 |
|
|---|---|---|
|
Net cost of services |
(653,428) |
(583,197) |
|
Non cash items: |
||
|
Depreciation and amortisation expense |
156,128 |
114,600 |
|
Loss on sale of property, plant and equipment |
831 |
782 |
|
Resources received free of charge |
710 |
2,041 |
|
Transfer of assets to Local Government |
11,613 |
19,240 |
|
(Increase)/ Decrease in assets: |
||
|
Current receivables |
1,518 |
(5,456) |
|
Current inventories |
(5,782) |
(990) |
|
Other current assets |
14,343 |
13,713 |
|
Increase/ (Decrease) in liabilities: |
||
|
Current payables |
(2,374) |
21,323 |
|
Current provisions |
4,822 |
(3,402) |
|
Other current liabilities |
(12,752) |
(15,146) |
|
Non-current provisions |
732 |
1,279 |
|
Non-current deferred operating lease revenue |
(5,466) |
(5,465) |
|
Change in GST receivables/payments |
(645) |
(2,361) |
|
Net cash used in operating activities |
(489,750) |
(443,039) |