2012 wintec annual report

WINTEC ANNUAL
REPORT 2012
39
STATEMENT
OF CASH FLOWS
As at 31 December 2012.
Notes
Actual
2012
$’000
CONSOLIDATED
Budget
2012
$’000
Actual
2011
$’000
Actual
2012
$’000
PARENT
Budget
2012
$’000
Actual
2011
$’000
Cash flows from
operating activities
Receipt of government grants 47,037 47,218 46,321 47,037 47,218 46,321
Receipt of student tuition fees 28,630 27,913 32,401 28,630 27,913 32,401
Interest income received 338 154 216 272 124 196
Receipt from research income 233 - - 233 - -
Dividend income - - - - - -
Receipt of other income 12,075 11,321 4,983 10,361 7,359 3,334
Payments to employees (48,799) (49,462) (45,641) (46,774) (46,600) (44,817)
Payments to suppliers (26,788) (27,510) (27,639) (27,130) (26,266) (26,924)
Interest paid (695) (653) (658) (691) (653) (654)
Goods and services tax (net) (370) - 616 (368) - 609
Net cash flows from
operating activities
11,661 8,981 10,598 11,569 9,095 10,466
Cash flows from
investing activities
Purchase of property, plant and
equipment
(9,005) (16,395) (12,109) (8,983) (16,395) (11,896)
Purchase of intangible assets (1,828) - (2,951) (1,281) - (2,951)
Acquisition of investments - - - - - -
Receipts from sale of
investments
- 220 574 - 220 574
Proceeds from sale of property,
plant and equipment
4,426 8,936 507 4,426 8,936 507
Net cash flows used in investing
activities
(6,406) (7,239) (13,979) (5,838) (7,239) (13,766)
FINANCIAL PERFORMANCE
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