Note 10: Cash Flow Reconciliation

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TORRES STRAIT REGIONAL AUTHORITY

Notes to and forming part of the financial statements for the period ended 30 June 2015

Note 10: Cash Flow Reconciliation

  2015
$'000 		2014
$'000
Reconciliation of cash and cash equivalents as per statement of financial position to cash flow statement    
Cash and cash equivalents as per    
Cash flow statement 2,790 2,711
Statement of financial position 2,790 2,711
Discrepancy - -
Reconciliation of net cost of services to net cash from operating activities    
Net cost of services (47,681) (47,048)
Revenue from Government 48,159 49,645
Adjustments for non-cash items    
Depreciation 1,325 1,250
Net writedown of financial assets 25 78
Interest on concessional loans (69) (48)
Reversal of previous loan writedowns and impairments (248) (65)
(Gain)/Loss on Sale of Assets 70 (34)
Movements in assets and liabilities    
Assets    
(Increase) / decrease in net receivables (1,485) 1,691
Liabilities    
Increase / (decrease) in employee provisions 96 175
Increase / (decrease) in supplier payables (985) (1,244)
Increase / (decrease) in grants payable 98 (1,540)
Increase / (decrease) in other payables 45 13
Net cash from / (used by) operating activities (650) 2,873
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