ANNUAL REPORT 2014/2015

OSPRI | FINANCIAL STATEMENTS 2014/2015
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 JUNE 2015
Group
Parent
2014/2015 2013/2014 2014/2015 2013/2014
$000 $000 $000 $000
Operating Activities
Cash was Received from:
Crown 32,148 32,859 - -
Industry Contributions 46,979 43,771 - -
Levies 6,612 9,223 - -
Regional Funding Contributions 6,087 5,537 - -
Management Fees, Reactor Proceeds and Other 1,044 1,630 921 568
Payments Made on Behalf of Subsidiaries - - 9,564 6,333
Net GST Receivable 628 - 10 -
93,498 93,020 10,495 6,901
Cash was applied to:
Payments to Employees 13,014 11,600 5,101 2,281
Payments to Suppliers and for Other Operations 76,902 72,711 5,459 2,885
Net GST Payable - 148 - 143
89,916 84,459 10,560 5,309
Net Cash Flow from Operating Activities 3,582 8,561 (65) 1,592
Investing Activities
Cash was Received from:
Cash Received on Acquisition of TBfree - 4,545 - -
Cash Received on Acquisition of NAIT - 2,723 - -
Mature Term Deposits 5,545 - - -
Interest 276 215 3 5
5,821 7,483 3 5
Cash was Applied to:
Purchase Intangible Assets 2,301 3,142 - 193
Purchase Property Plant and Equipment 119 1,507 111 1,225
Purchase Term Deposits 2,045 3,500 - -
4,465 8,149 111 1,418
Net Cash Flow from Investing Activities 1,356 (666) (108) (1,413)
Net Increase/(Decrease) in Cash and Cash Equivalents 4,938 7,895 (173) 179
Opening Cash and Cash Equivalent Balance 7,895 - 179 -
Cash and Cash Equivalents at 30 June 12,833 7,895 6 179
These statements should be read in conjunction with the Statement of Accounting Policies and Notes to the Financial Statements
70