Note 16: Reconciliation of net surplus to net cash flow from operating activities

This reconciliation discloses the non-cash adjustments applied to the surplus reported in the Statement of comprehensive revenue and expense on page 36 to arrive at the net cash flow from operating activities disclosed in the Statement of cash flows on page 39.

Actual
2018/19
$000
Actual
2017/18
$000
Net Surplus/(deficit) 253 1,482
Add/(Less) non-cash items
Depreciation and amortisation 1,041 1,107
Total non-cash Items 1,041 1,107
Add/(Less) movements in statement of financial position items
(Increase)/decrease in prepayments 172 (28)
(Increase)/decrease in receivables 764 (1,224)
(Increase)/decrease in work in progress (267) 1,309
(Decrease)/increase in payables 23 158
(Decrease)/increase in employee entitlements (495) 977
Total movements in working capital items 197 1,192
Add/(Less) items classified as investing activities
Loss/(Gains) on sale of plant and equipment 43 5
Total items classified as investing activities 43 5
Net cash flow from operating activities 1,534 3,786