Annual Report 2010-2011 - Western Australian Museum

Western Australian Museum ANNUAL REPORT 2010/2011
28. notes to tHe stAteMent of cAsH flows
ReconciliAtion of cAsH
66
2011
$000
Cash 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:
2010
$000
Cash and cash equivalents
Restricted cash and cash equivalents (note 17 ‘Restricted cash and cash
857 1,619
equivalents’) 2,156 2,313
3,013 3,932
ReconciliAtion of net cost of seRvices to net cAsH flows useD in opeRAtinG Activities
Net cost of services (22,861) (23,143)
NON-CASH ITEMS:
Depreciation and amortisation expense (note 8 ‘Depreciation and amortisation
expense’) 2,784 3,457
Resources received free of charge (note 16 ‘Income from State Government’)
Assets assumed – consumables (minor equipment) (note 16 ‘Income
17,813 14,844
from State Government’) - 50
Donations to collection (note 22 ‘Museum collections’) (1,499) (707)
Adjustment for other non-cash items 27 457
(INCREASE)/DECREASE IN ASSETS:
Current receivables (a) 928 (1,654)
Current inventories (16) (164)
INCREASE/(DECREASE) IN LIABILITIES:
Current payables (a) (1,628) 2,542
Other current liabilities 18 (14)
Net GST receipts/(payments) (b) (158) 56
Change in GST in receivables/payables (c) (81) (168)
net cash used in operating activities (4,673) (4,444)
(a) Note that the Australian Taxation Office (ATO) receivable/payable in respect of GST and the receivable/payable in
respect of the sale/purchase of non-current assets are not included in these items as they do not form part of
the reconciling items.
(b) This is the net GST paid/received ie. cash transactions.
(c) This reverses out the GST in receivable and payables.
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