NOTES |
2007 |
2006 |
|
$000 |
$000 |
||
CASH FLOWS FROM STATE GOVERNMENT |
|
|
|
Service appropriation |
|
561,940 |
480,341 |
Contribution - Other Government agencies |
|
17,594 |
7,592 |
Capital contributions |
|
1,316,946 |
424,947 |
Net cash provided by State Government |
|
1,896,480 |
912,880 |
|
|
|
|
Utilised as follows: |
|
|
|
CASH FLOWS FROM OPERATING ACTIVITIES |
|
|
|
Payments |
|
|
|
Employee benefits |
|
(81,183) |
(65,831) |
Supplies and services |
|
(140,459) |
(114,990) |
Finance costs |
|
(72,495) |
(101,388) |
Grants and subsidies |
|
(253,477) |
(234,193) |
Capital user charge |
|
(130,340) |
(64,682) |
GST payments on purchases |
|
(81,669) |
(92,173) |
Other payments |
|
(7,548) |
(6,917) |
|
|
|
|
Receipts |
|
|
|
User charges and fees: Transwa |
|
11,115 |
10,000 |
User charges and fees: Transperth train operations |
|
27,241 |
26,851 |
User charges and fees: Transperth buses |
|
76,351 |
68,000 |
Interest received |
|
2,291 |
833 |
GST receipts on sales |
|
13,843 |
9,806 |
GST receipts from taxation authority |
|
68,807 |
79,665 |
Other receipts |
|
10,816 |
10,801 |
Net cash used in operating activities |
(556,707) |
(474,218) |
|
|
|
|
|
CASH FLOWS FROM INVESTING ACTIVITIES |
|
|
|
Proceeds from sale of non-current physical assets |
|
1,081 |
299 |
Purchase of non-current physical assets PTA |
|
(125,096) |
(93,344) |
Purchase of non-current physical assets New MetroRail |
|
(301,472) |
(483,907) |
Net cash used in investing activities |
|
(425,487) |
(576,952) |
|
|
|
|
CASH FLOWS FROM FINANCING ACTIVITIES |
|
|
|
Proceeds from borrowings |
|
258,000 |
631,361 |
Repayment of borrowings |
|
(1,118,024) |
(488,175) |
Other repayments |
|
(3,282) |
(7,749) |
Net cash provided by financing activities |
|
(863,306) |
135,437 |
|
|
|
|
Net increase/(decrease) in cash held |
|
50,980 |
(2,853) |
Cash and cash equivalents at the beginning of the period |
|
1,840 |
4,693 |
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD |
52,820 |
1,840 |
The Cash Flow Statement should be read in conjunction with the accompanying notes.