Chapter 2 - P rogramme 1 - Department of Defence

| Department of Defence | Vote 20 |
CASH FLOW STATEMENT
for the year ended 31 March 2008
Note 2007/08
R’000
297 Annual Report FY 2007 - 2008
2006/07
R’000
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts 25 871 178 24 389 947
Annual appropriated funds received 1 25 448 236 23 902 904
Departmental revenue received 422 942 487 043
Net decrease/(increase) in working capital 193 154 (128 244)
Surrendered to Revenue Fund (569 864) (514 625)
Current payments (15 755 449) (14 511 217)
Transfers and subsidies paid (8 926 890) (8 882 837)
Net cash flows available from operating activities 20 812 129 353 024
CASH FLOWS FROM INVESTING ACTIVITIES
Payments for capital assets (497 719) (434 276)
Proceeds from sale of capital assets 128 913 5 749
Increase in investments (75 000) -
Net cash flows from investing activities (443 806) (428 527)
CASH FLOWS FROM FINANCING ACTIVITIES
Increase in net assets 84 601 46 912
Net cash flows from financing activities 84 601 46 912
Net increase/(decrease) in cash and cash equivalents 452 924 (28 591)
Cash and cash equivalents at beginning of period (623 657) (595 066)
Cash and cash equivalents at end of period 21 (170 733) (623 657)
| Financial Performance |