Chapter 2 - P rogramme 1 - Department of Defence

| Financial Performance |
Annual Report FY 2007 - 2008 308
| Department of Defence | Vote 20 |
NOTES TO THE ANNUAL FINANCIAL STATEMENTS
for the year ended 31 March 2008 (continued)
20. Net cash flow available from operating activities
2007/08
R’000
2006/07
R’000
Net surplus as per Statement of Financial Performance 1 663 582 567 366
Add back non cash/cash movements not deemed operating
activities
(851 453) (214 342)
(Increase)/decrease in receivables - current (26 931) (585 376)
Decrease/(increase) in prepayments and advances 101 995 (31 812)
Decrease/(increase) in other current assets 8 474 712
Increase in payables - current 118 082 14 232
Proceeds from sale of capital assets (128 913) (5 749)
Surrenders to Revenue Fund (569 864) (514 625)
Expenditure on capital assets 497 719 434 276
Voted funds not requested/not received (843 549) -
Net cash flow generated by operating activities 812 129 353 024
21. Reconciliation of cash and cash equivalents for
cash flow purposes
Consolidated Paymaster General Account (228 501) (690 987)
Cash on hand 35 194 39 941
Cash with commercial banks (local) 22 574 27 389
Total (170 733) (623 657)