Trust Board papers - University Hospital Southampton NHS ...

Schedule 9 2013/142012/13 Month: 8 Actual Actual Actual Actual Forecast Forecast Forecast Forecast ForecastOriginalAnnual PlanForecastOutturn YTD Plan YTD Actual Quarter 1 Quarter 2 October November December Quarter 3 Quarter 4 Quarter 1 Quarter 2CASHFLOW £000s £000s £000s £000s £000s £000s £000s £000s £000s £000s £000s £000s £000sSurplus (deficit) after tax 3,606 360 3,474 3,052 1,030 615 517 891 504 1,912 (3,196) 955 547Finance income / charges 1,536 1,620 716 716 277 284 71 83 226 381 678 738 747Depreciation and amortisation, total 21,640 21,640 14,040 13,610 5,029 4,987 1,845 1,749 2,007 5,601 6,023 6,111 6,111Impairment losses / (reversals) 2,400 5,556 0 225 (16) 220 (13) 34 0 21 5,331 0 0Gain / (loss) on disposal of property plant and equipment 0 9 0 9 0 0 9 0 0 9 0 0 0PDC Dividend expense 7,341 7,000 4,894 4,633 1,735 1,740 579 579 587 1,745 1,780 1,836 1,836EBITDA 36,522 36,185 23,124 22,245 8,056 7,845 3,008 3,337 3,324 9,669 10,616 9,640 9,241Other Non Cash movements with profit/(loss) from operations 0 0 0 0 0 0 0 0 0 0 0 0 0Operating cash flows before movements in working capital 36,522 36,185 23,124 22,245 8,056 7,845 3,008 3,337 3,324 9,669 10,616 9,640 9,241Increase / (decrease) in working capital:(Increase)/decrease in Inventories 1,607 1,607 1,107 (780) (397) 460 (1,219) 376 2,087 1,244 300 0 0(Increase)/decrease in NHS Trade Receivables 1,603 (129) 1,603 3,101 1,865 1,092 268 (124) (2,230) (2,086) (1,000) (579) 0(Increase)/decrease in Non NHS Trade Receivables 165 3,964 (21) 1,615 1,137 648 (1,188) 1,017 2,204 2,033 145 (156) 0(Increase)/decrease in other Receivables (485) (1,730) (485) (818) (2,236) 1,774 96 (453) (912) (1,268) 0 (500) 0(Increase)/decrease in accrued income 0 0 0 0 0 0 0 0 0 0 0(Increase)/decrease in Other financial assets (323) (2,426) 277 (13,399) (3,036) (2,360) (2,970) (5,032) 4,652 (3,350) 6,321 500 0(Increase)/decrease in Prepayments (3) (3) (3) (1,968) (2,938) 364 324 282 665 1,271 1,300 (1,800) 0(Increase)/decrease in Other assets (non-charitable) 0 0 0 0 0 0 0 0 0 0 0 0 0Increase/(decrease) in Deferred Income (5,915) (4,454) (2,515) 1,753 (1,778) 1,059 1,863 608 (2,729) (257) (3,478) 78 0Increase/(decrease) in Provisions (29) 0 (29) 0 0 0 0 0 0 0 0 0 0Increase/(decrease) in post employment benefit obligations 0 0 0 0 0 0 0 0 0 0 0 0 0Increase/(decrease) in Trade Creditors - NHS 0 (580) 0 36 241 (1,655) 1,280 170 (706) 744 90 407 0Increase/(decrease) in Trade Creditors - Non-NHS (7,905) (8,144) (8,933) (9,436) (8,407) 18 452 (1,499) (2,876) (3,923) 4,168 (578) 178Increase/(decrease) in Other Creditors (728) (728) (728) 322 328 286 (398) 107 (1,050) (1,342) 0 0 0Increase/(decrease) in PDC Dividend Creditor 0 0 0 0 0 0 0 0 0 0 0Increase/(decrease) in accruals (2,551) (2,653) (2,551) 3,160 1,041 3,835 (1,366) (349) (5,313) (7,028) (500) 0 0Increase/(decrease) in other financial liabilities (10) 0 (10) 0 0 0 0 0 0 0 0 0 0Increase/(decrease) in Other liabilities (non-charitable) 0 (79) 0 0 0 0 0 0 (79) (79) 0 0 0Increase/(decrease) in Other liabilities (charitable) 0 0 0 0 0 0 0 0 0 0 0 0 0Movements in working capital (14,574) (15,353) (12,288) (16,412) (14,180) 5,522 (2,859) (4,896) (6,287) (14,042) 7,346 (2,628) 178NET CASHFLOW FROM OPERATING ACTIVITIES 21,949 20,832 10,836 5,833 (6,124) 13,367 149 (1,559) (2,963) (4,373) 17,962 7,012 9,419Cash flow from investing activitiesProperty, plant and equipment - maintenance (16,956) (21,154) (11,304) (13,044) (3,595) (5,991) (2,044) (1,414) (2,027) (5,485) (6,083) (3,840) (5,401)Property, plant and equipment - replacements 0 0 0 0 0 0 0 0 0 0 0Property, plant and equipment - new builds and enhancements 0 0 0 0 0 0 0 0 0 0 0Proceeds on disposal of property, plant and equipment 0 0 0 0 0 0 0 0 0 0 0Purchase of intangible assets 0 0 0 0 0 0 0 0 0 0 0Proceeds on disposal of intangible assets 0 0 0 0 0 0 0 0 0 0 0Increase / (decrease) in capital creditors (1,850) (1,851) (1,850) (2,362) (2,275) (297) 1,376 (1,166) 511 721 0 0 0Government grants received 0 0 0 0 0 0 0 0 0 0 0Purchase of current asset investments 0 0 0 0 0 0 0 0 0 0 0Proceeds on disposal of current asset investments 0 0 0 0 0 0 0 0 0 0 0Other Cashflows from investing activities 0 0 0 0 0 0 0 0 0 0 0NET CASH INFLOW (OUTFLOW) FROM INVESTING ACTIVITIES (18,806) (23,005) (13,154) (15,406) (5,870) (6,288) (668) (2,580) (1,516) (4,763) (6,083) (3,840) (5,401)NET CASH INFLOW / (OUTFLOW) BEFORE FINANCING 3,143 (2,173) (2,318) (9,573) (11,994) 7,079 (519) (4,139) (4,479) (9,137) 11,879 3,172 4,018Cash flow from financing activitiesPublic Dividend Capital received 0 0 0 0 0 0 0 0 0 0 0 0 0Public Dividend Capital repaid (0) 0 (0) 0 0 0 0 0 0 0 0 0 0Dividends paid (7,341) (6,649) (3,670) (3,129) 0 (3,129) 0 0 0 0 (3,520) 0 (3,670)Interest (paid) on non-commercial loans (1,597) (863) (625) (439) 0 (439) 0 0 0 0 (424) 0 (437)Interest (paid) on bank overdrafts 0 0 0 0 0 0 0 0 0 0 0Interest element of finance lease rental payments 0 (862) 0 (214) (83) (80) (26) (26) (162) (213) (486) (543) (543)Capital element of finance lease rental payments 0 (4,016) 0 (2,169) (952) (755) (317) (145) (469) (931) (1,378) (1,326) (1,335)Interest received on Cash and Cash equivalents 63 94 41 74 23 27 13 11 5 29 15 15 15Movement in other grants / capital recceived 0 0 0 0 0 0 0 0 0 6 15Drawdown / (repayment) of overdraft 0 0 0 0 0 0 0 0 0 0 0 0 0Drawdown / (repayment of working capital facility 0 0 0 0 0 0 0 0 0 0 0 0 0Drawdown of non-commercial loans 5,000 5,000 5,000 5,000 0 5,000 0 0 0 0 0 0 0Repayment of non-commercial loans (8,385) (3,381) (4,786) (1,696) (5) (1,688) (2) (1) 0 (3) (1,685) 0 (1,935)(Increase) / decrease in non-current receivables 0 (751) 0 (879) (120) (499) (190) (69) 128 (131) 0 0 0Increase / (decrease) in non-current payables 0 (238) 0 (236) (26) (190) 11 (31) (2) (22) 0 116 (12)Other cash flows from financing activities 1 0 1 0 0 0 0 0 0 0 0 0 0NET CASH INFLOW (OUTFLOW) FROM FINANCING (12,259) (11,665) (4,039) (3,687) (1,162) (1,753) (511) (261) (500) (1,272) (7,478) (1,732) (7,902)NET INCREASE / (DECREASE) IN CASH AND CASH EQUIVALENTS (9,117) (13,838) (6,357) (13,260) (13,156) 5,326 (1,029) (4,400) (4,979) (10,408) 4,401 1,440 (3,884)Opening Cash and Cash Equivalents 29,540 29,540 29,540 29,540 29,540 16,384 21,710 20,680 16,280 21,710 11,301 15,702 17,142Closing Cash and Cash Equivalents 20,423 15,702 23,183 16,280 16,384 21,710 20,680 16,280 11,301 11,301 15,702 17,142 13,258