YMAC Annual Report 2022

Notes to the Consolidated Financial Statements
as at 30 June 2022
2022 2021
NOTE 15 - CASH FLOW RECONCILIATION $ $
Note 15A Reconciliation of operating surplus
to net cash from operating activities
Operating (deficit)/surplus before extraordinary items 1,754,119 1,273,134
Non- Cash Items
Depreciation and amortisation 1,236,658 1,189,674
(Gain)/Loss on disposal of assets (70,584) 5,571
Changes in assets and liabilities
(Increase) / decrease in receivables (747,020) (1,977,160)
(Increase) / decrease in prepayments (34,458) (144,711)
Increase / (decrease) in employee provisions 1,040,116 192,317
Increase / (decrease) in payables 38,744 2,145,010
Increase / (decrease) in unexpended grants (2,004,959) 3,119,738
Increase / (decrease) in income in advance (1,813,944) 6,091,950
Increase / (decrease) in GST payable 161,916 166,047
Net cash from / (used by) operating activities (439,412) 12,061,570
Note 15B Reconciliation of cash
Reconciliation of cash at the end of the financial year (as shown in the Statement
of Cash flow) to the related item in the financial report is as follows:
Total cash and cash equivalents 8,389,365 9,738,989
Deposits 11,837,052 12,521,645
20,226,417 22,260,634
NOTE 16 - REMUNERATION OF KEY EXECUTIVE MANAGEMENT NO. NO.
Nil - $99,999 - -
$100,000 - $199,999 3 4
$200,000 - $299,999 2 1
$300,000 - $399,999 1 1
$400,000 - $499,999 - -
6 6
$ $
The aggregate amount of total remuneration of officers
shown above.
1,409,671 1,271,386
Executive remuneration includes salary, superannuation and
associated costs paid to officers employed for the full financial year
70 | Yamatji Marlpa Aboriginal Corporation | Annual Report 2022