Final Annual Report - Health Workforce Australia

Note 9: Cash Flow Reconciliation

Notes to and forming part of the financial statements for the year ended 30 June 2014

Page last updated: 18 May 2015

Note 9: Cash Flow Reconcilliation
  2014 2013
  $’000 $’000
Reconciliation of cash and cash equivalents as per Statement of Financial Position to Cash Flow Statement
Cash and cash equivalents as per:  
Cash flow statement 117,979 28,374
Statement of Financial Position 117,979 28,374
Difference  - -
Reconciliation of net cost of services to net (cash used by) /  from operating activities:  
Net cost of services (150,688) (211,531)
Revenue from Government 165,618 213,562
Adjustments for non-cash items  
Depreciation / amortisation 2,138 1,873
Net write down of assets 2,809 2
Changes in assets / liabilities  
(Increase) / decrease in net receivables (8,660) 12,208
(Increase) / decrease in accrued revenue 713 (580)
(Increase) / decrease in prepayments (36,025) 21,425
Increase in employee provisions 5,270 970
(Decrease) / Increase in supplier payables (2,781) 1,439
Decrease in other payables (17,161) (12,671)
Net cash (used by) / from operating activities (38,767) 26,697