Cash Flow Statement

Australian Taxation Office CASH FLOW STATEMENT for the period ended 30 June 2016

 

Note

2016
$'000

2015
$'000

Original Budget
$'000

OPERATING ACTIVITIES

Cash received

Appropriations

3,260,905

3,273,566

3,233,498

Rendering of services

101,317

95,315

133,133

Receipts transferred from the Official Public Account

258,723

223,645

223,970

Interest

-

21

-

Net GST received

141,713

115,636

111,991

Other

16,668

6

-

Total cash received

3,779,326

3,708,189

3,702,592

 

Cash used

Employees

1,960,709

2,146,322

2,058,237

Suppliers

1,494,705

1,315,462

1,420,385

Borrowing costs (finance leases)

562

701

-

Receipts transferred to the Official Public Account

284,990

232,759

223,970

Total cash used

3,740,966

3,695,244

3,702,592

Net cash from/(used by) operating activities

5.4

38,360

12,945

-

 

INVESTING ACTIVITIES

Cash received

Proceeds from sales of property, plant and equipment

73

8

-

Total cash received

73

8

-

 

Cash used

Purchase of property, plant and equipment

54,240

37,583

67,217

Purchase of intangibles

121,955

115,380

110,882

Total cash used

176,195

152,963

178,099

Net cash from/(used by) investing activities

(176,122)

(152,955)

(178,099)

 

FINANCING ACTIVITIES

Cash received

Appropriations - contributed equity

176,195

152,963

178,099

Total cash received

176,195

152,963

178,099

 

Cash used

Return of capital

-

510

-

Payment of finance lease - principal amount

20,954

10,834

-

Total cash used

20,954

11,344

-

Net cash from/(used by) financing activities

155,241

141,619

178,099

 

 

 

 

 

Net increase/(decrease) in cash held

17,479

1,609

-

Cash at the beginning of the reporting period

46,087

44,478

43,268

Cash at the end of the reporting period

3.1A

63,566

46,087

43,268

Budget Variances Commentary: Cash Flow Statement

Affected line items

Explanation of major variances

Net GST Received

The higher actual Net GST Received is primarily due to the increase in GST paid to suppliers in line with the increased utilisation of contractors.

The above statement should be read in conjunction with the accompanying notes