Statement of Cash Flows
For the year ended 30 June 2012
| Note |
2012 $000 |
2011 $000 |
|
|---|---|---|---|
| Cash Flows from State Government | |||
| Service appropriation | 611,324 | 569,057 | |
| Capital appropriation - other government agencies | 490 | 992 | |
| Capital appropriation | 201,813 | 88,721 | |
| Royalties for Regions Fund | 3,007 | 1,900 | |
| Holding account drawdown | 39,958 | 0 | |
| Net cash provided by State Government | 856,592 | 660,670 | |
| Utilised as follows: | |||
| Cash Flows from Operating Activities | |||
| Payments | |||
| Employee benefits | (137,233) | (119,018) | |
| Supplies and services | (227,222) | (209,324) | |
| Finance costs | (67,639) | (67,524) | |
| Grants and subsidies | (380,767) | (336,162) | |
| Receipts paid into consolidated account | (3,052) | 0 | |
| GST payments on purchases | (94,981) | (70,693) | |
| Other payments | (10,781) | (8,657) | |
| Receipts | |||
| User charges and fees: Transwa | 11,917 | 10,985 | |
| User charges and fees: Transperth train operations and buses | 197,699 | 172,818 | |
| Commonwealth grants and contributions | 466 | 440 | |
| Interest received | 2,686 | 1,662 | |
| GST receipts on sales | 22,225 | 22,183 | |
| GST receipts from taxation authority | 71,345 | 48,102 | |
| Other receipts | 14,369 | 39,795 | |
| Net cash used in operating activities | 33 | (600,968) | (515,393) |
| Cash Flows from Investing Activities | |||
| Payments | |||
| Purchase of non-current physical assets | (352,408) | (179,133) | |
| Receipts | |||
| Proceeds from sale of non-current physical assets | 292 | 390 | |
| Net cash used in investing activities | (352,116) | (178,743) | |
| Cash Flows from Financing Activities | |||
| Payments | |||
| Repayment of borrowings | (79,667) | (50,353) | |
| Other repayments | (365) | (389) | |
| Receipts | |||
| Proceeds from borrowings | 163,394 | 125,000 | |
| Net cash provided by financing activities | 83,362 | 74,258 | |
| Net (decrease)/increase in cash and cash equivalents | (13,130) | 40,792 | |
| Cash and cash equivalents at the beginning of the period | 94,847 | 54,055 | |
| Cash and Cash Equivalents at the end of the period | 33 | 81,717 | 94,847 |
The Statement of Changes in Equity should be read in conjunction with the accompanying notes.