Final Annual Report - Health Workforce Australia

Cash Flow Statement

for the year ended 30 June 2014

Page last updated: 18 May 2015

Cash Flow Statement for the year ended 30 June 2014
    2014 2013
  Notes $’000 $’000
OPERATING ACTIVITIES
Cash received    
Receipts from Government   165,618 213,562
Interest   5,581 6,548
Net GST received   16,890 25,601
Other   6,875 9,586
Total cash received   194,964 255,297
Cash used    
Employees   (14,689) (14,655)
Suppliers   (17,248) (20,118)
Grants   (201,794) (193,827)
Total cash used   (233,731) (228,600)
Net cash (used by) / from operating activities 9 (38,767) 26,697
INVESTING ACTIVITIES
Cash received    
Proceeds from sales of investments   128,500  -
Total cash received   128,500  -
Cash used    
Purchase of property, plant and equipment   (40) (1,774)
Purchase of investments   - (128,500)
Purchase of intangibles   (88) (78)
Total cash used   (128) (130,352)
Net cash from / (used by) investing activities   128,372 (130,352)
Net increase / (decrease) in cash held   89,605 (103,655)
Cash and cash equivalents at the beginning of the reporting period   28,374 132,029
Cash and cash equivalents at the end of the reporting period 5A 117,979 28,374

The above statement should be read in conjunction with the accompanying notes.