Department of Transport Annual Report 2010 - 2011

31. Notes to the Statement of Cash Flows
(a) Reconciliation of cash
Cash at the end of the financial year as shown in the Statement of Cash Flows is
reconciled to the related items in the Statement of Financial Position as follows:
2011
2010
$ 000
$ 000
Cash and cash equivalents (i) 27 122 27 429
Restricted cash and cash equivalents (ii) 65 092 44 591
92 214 72 020
Cash transferred (to)/from other sources
Cash and cash equivalents transferred:
from Department of Planning 3 663 48 088
3 663 48 088
(i) These cash and cash equivalents include $ 9,859,000 capital contribution and funds available to
meet expenditure commitments.
(ii) See note 16 Restricted cash and cash equivalents.
74
(b) Reconciliation of net cost of services to net cash flows provided by/(used in)
operating activities
2011
2010
$ 000
$ 000
Net cost of services
Non cash items:
(125 094) (108 842)
Depreciation and amortisation expense 11 121 11 506
Doubtful debts expense 1 046 ( 286)
Net (gain)/loss on disposal of non-current assets 47 2 550
Resources received free of charge 1 019 683
Expenses previously held in construction in
progress
209 149
Initial recognition of assets not previously
recognised
- ( 125)
(Increase)/decrease in assets
Current inventories 4 165
Current receivables (iii) (2 278) (1 706)
Other current assets 40 ( 21)
Increase/(decrease) in liabilities
Current payables 1 840 3 277
Current provisions (2 901) 2 912
Other current liabilities 9 353 ( 369)
Non-current provisions 5 526 540
Net GST receipts/payments (i) (1 025) (1 430)
Change in GST in receivables/payables (ii) (1 569) (1 479)
Net cash used in operating activities (102 662) (92 476)
(i) This is the net Goods and Services Tax paid/received, i.e. cash transactions.
(ii) Note that the Australian Taxation Office receivables/payable in respect of GST and the receivable/
payable in respect of sale/purchase of non-current assets are not included in these items as they
do not form part of the reconciling items.