for the period ended 30 June 2013

      2013 2012

 

Notes

  

$’000

$’000
 

OPERATING ACTIVITIES

Cash received

    Sales of goods and rendering of services

 

  

328

–

    Appropriations

 

  

30,169

3,872

    Net GST received

 

  

1,310

123

Total cash received

 

  

31,807

3,995

Cash used

    Employees

 

  

(16,615)

(1,795)

    Suppliers

 

  

(15,557)

(1,982)

Total cash used

 

  

(32,172)

(3,777)

Net cash flows from (used by) operating activities

9

  

(365)

218
 

INVESTING ACTIVITIES

Cash received

    Departmental Capital Budget equity injection drawn

 

  

76

11
    Proceeds from sales of assets     378 –

Total cash received

 

  

454

11

Cash used

    Purchase of property, plant and equipment

 

  

(76)

(11)

Total cash used

 

  

(76)

(11)

Net cash from investing activities

 

  

378

–

Net increase in cash held

 

  

13

218

Cash and cash equivalents at the beginning of the reporting period

 

  

252

34

Cash and Cash Equivalents at the End of the Reporting Period

5a

  

265

252

Comparative data reported for the 2011-12 financial year represents one month’s activity only. Refer to Note 1.19.
The above statement should be read in conjunction with the accompanying notes.