2011/2012 Annual Report - Metro Tasmania
2011/2012 Annual Report - Metro Tasmania
2011/2012 Annual Report - Metro Tasmania
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NOTES TO THE FINANCIAL STATEMENTS<br />
CONSOLIDATED<br />
<strong>2012</strong> <strong>2011</strong><br />
Note 22. CASH FLOW STATEMENT $’000 $’000<br />
(a) Reconciliation of cash flow with profit after income tax<br />
Profit/(loss) after income tax (296) (51)<br />
Add (less) non cash items:<br />
Depreciation 4,666 4,153<br />
Amortisation 68 107<br />
Income tax expense/(benefit) (125) (22)<br />
Loss on write off of non-current assets 555 –<br />
Loss/(profit) on sale of non-current assets (16) (64)<br />
Changes in assets and liabilities:<br />
(Increase)/decrease in trade and other receivables (68) (163)<br />
(Increase)/decrease in inventories (148) (191)<br />
(Increase)/decrease in other current assets 19 (47)<br />
Increase/(decrease) in trade and other payables 187 (744)<br />
Increase/(decrease) in provisions 445 269<br />
Net cash inflow from operating activities 5,287 3,247<br />
(b) Reconciliation of cash<br />
Cash at bank and on hand 3,808 1,881<br />
Call deposit at Tascorp – 985<br />
Cash as per Statement of Cash Flows 3,808 2,866<br />
(c) Credit and standby facilities<br />
Credit cards facility limit 20 20<br />
Less used/committed – –<br />
Balance of credit card facility available 20 20<br />
49 METRO <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> | <strong>2012</strong>
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