OSi Annual Report 2009 English Version - Ordnance Survey Ireland

Ordnance Survey Ireland
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CASHFLOW STATEMENT
RECONCILIATION OF NET MOVEMENT FOR THE YEAR
2009 2008
Notes € €
Surplus/(Deficit) for period after taxation (10,784,342) (9,631,459)
Depreciation 2,264,849 3,001,841
Pension Cost 8,447,000 8,060,000
Deposit Interest (6,999) (40,682)
Decrease/(Increase) in debtors and prepayments 2,024,984 1,164,628
Increase/(Decrease) in creditors (1,380,812) 816,334
(Increase)/Decrease in stocks 184,611 (74,974)
Net cash inflow/(outflow) from operating activities 749,291 3,295,688
CASH FLOW STATEMENT
Net cash inflow/(outflow) from operating activities 749,291 3,295,688
Return on investments and servicing of finance
Interest received 6,999 40,682
Net cash inflow/(outflow) from return on investments and servicing
of finance 6,999 40,682
Capital Expenditure
Purchase of tangible fixed assets 8 (651,531) (2,257,687)
Net cash outflow from capital expenditure (651,531) (2,257,687)
Increase/(decrease) in cash 104,759 1,078,683
Reconciliation of Net Cash Flow to Movement in Net Funds
Net increase/(decrease) in cash 104,759 1,078,683
Net funds at 1 January 1,846,428 767,745
Net funds at 31 December 1,951,187 1,846,428
Movement in net funds 104,759 1,078,683
The Accounting Policies on pages 7 and 8, and the notes on pages 13 – 19 form part of these financial
statements.
On behalf of the board
Kevin Bonner
Chairman
13
Geraldine Ruane
Chief Executive Officer