2012 wintec annual report

STATEMENT
OF CASH FLOWS (Continued)
As at 31 December 2012.
CONSOLIDATED
PARENT
Actual
2012
$’000
Budget
2012
$’000
Actual
2011
$’000
Actual
2012
$’000
Budget
2012
$’000
Actual
2011
$’000
Cash flows from financing activities
Capital contributions received from the Crown - - - - - -
Suspensory loans from the Crown - - - - - -
Proceeds from borrowings - - 724 - - 724
Repayment of borrowings (805) - (3,080) (804) - (3,080)
Payment of finance leases - - - - - -
Net cash flows from financing activities (805) - (2,356) (804) - (2,356)
Net increase / (decrease) in cash and cash
equivalents
4,450 1,742 (5,737) 4,927 1,856 (5,656)
Cash and cash equivalents at the beginning
of the period
(3,111) 1,855 2,626 (4,992) 894 664
Cash and cash equivalents at the end of the period 1,339 3,597 (3,111) (65) 2,750 (4,992)
The GST (net) component of operating activities reflects the net GST paid to and received from the Inland Revenue Department.
The GST (net) component has been presented on a net basis, as the gross amounts do not provide meaningful information for financial
statement purposes. This also maintains consistency with the presentation basis of the other primary financial statements.
The accompanying notes form part of these financial statements