annual report 2012 – 13 - Australian Government Solicitor

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTSfor the year ended 30 June 2013Year ended30 June 2013$'000Year ended30 June 2012$'000>>16. PayablesTrade creditors 8 305 5 239Salaries and wages 1 793 1 936Superannuation 243 236Separations and redundancies 906 1 146Due to Consolidated Revenue Fund 447 508GST payable to ATO 1 383 1 109Income tax payable to ATO 628 2 620FBT payable to ATO 106 106Total payables 13 811 12 900All payables are currentTrade creditors: Settlement is usually made net 30 days or in accordance with supplier terms of payment.17. Cash flow reconciliationReconciliation of cash and cash equivalents as per balance sheet to statement of cashflowsCash at year end per Statement of Cashflows 39 572 47 745Balance sheet items comprising cash and cash equivalentsCash at bank and on hand 15 057 13 884Term deposits with an original maturity of greater than3 months and less than one year24 515 33 861Total cash and cash equivalents 39 572 47 745Profit after income tax 3 705 5 729Non-cash items:Depreciation and amortisation 2 393 2 458Write-down of infrastructure, plant and equipment 1 059 195Impairment of infrastructure, plant and equipment 39 100Reversals of previous asset write-downs and impairments (96) (137)Loss on disposal of assets 67 114Changes in assets and liabilities:Decrease / (increase) in receivables (5 108) 1 263Decrease / (increase) in Deferred Tax Asset 174 (1 013)Decrease / (increase) in prepayments 377 (273)Increase / (decrease) in trade creditors 894 4 514Increase / (decrease) in employee provisions ( 89) 1 637Increase / (decrease) in lease provisions (1 042) (48)Net cash from operating activities 2 373 14 53980 AGS Annual report 2012–13