Cash Flow Statement 1,142 1,142 Net Increase or decrease in cash and cash The Cash Flow Statement shows the changes in cash (11,562) (11,562) equivalents and cash equivalents of the PCC and Group during the reporting period. (25,759) (25,759) Cash and cash equivalents at the beginning of the (24,617) (24,617) period The Statement shows how cash and cash equivalents are generated and used by classifying cash flows as (24,617) (24,617) Cash and cash equivalents at the end of the (36,179) (36,179) operating, investing or financing activities. reporting period The amount of net cash flows arising from operating activities is a key indicator of the extent to which the operations of the PCC and Group are funded by way of taxation and grant income or from the recipients of services provided. Investing activities represent the extent to which cash outflows have been made for resources, which are intended to contribute to future service delivery. Cash flows arising from financing activities are useful in predicting claims on future cash flows by providers of capital (i.e. borrowing by the PCC). 31 March 2017 31 March 2018 Group PCC Group PCC £’000 £’000 £’000 £’000 49,703 (5,123) Net (surplus)/deficit on the provision of services 63,171 3,411 (49,985) 4,841 Adjustments to net (surplus)/deficit on the provision of (82,149) (22,389) services for non-cash movements (1,341) (1,341) Adjustments for items included in the net (surplus)/deficit on the provision of services that are (1,533) (1,533) investing and financing activities (51,326) 3,500 Adjusted net cash flows from Operating Activities (83,682) (23,922) 9,296 9,296 5,542 5,542 Investing Activities (6,531) (6,531) Financing Activities 3,407 3,407
Cash Flow Statement The Cash Flow Statement shows the changes in cash and cash equivalents of the PCC and Group during the reporting period. The Statement shows how cash and cash equivalents are generated and used by classifying cash flows as operating, investing or financing activities. The amount of net cash flows arising from operating activities is a key indicator of the extent to which the operations of the PCC and Group are funded by way of taxation and grant income or from the recipients of services provided. Investing activities represent the extent to which cash outflows have been made for resources, which are intended to contribute to future service delivery. Cash flows arising from financing activities are useful in predicting claims on future cash flows by providers of capital (i.e. borrowing by the PCC). 31 March 2017 31 March 2018 Group PCC Group PCC £’000 £’000 £’000 £’000 49,703 (5,123) Net (surplus)/deficit on the provision of services 63,171 3,411 (49,985) 4,841 Adjustments to net (surplus)/deficit on the provision of services for non-cash movements (82,149) (22,389) (1,341) (1,341) Adjustments for items included in the net (surplus)/deficit on the provision of services that are investing and financing activities (1,533) (1,533) (51,326) 3,500 Adjusted net cash flows from Operating Activities (83,682) (23,922) 9,296 9,296 Investing Activities 5,542 5,542 (6,531) (6,531) Financing Activities 3,407 3,407 1,142 1,142 Net Increase or decrease in cash and cash equivalents (11,562) (11,562) (25,759) (25,759) Cash and cash equivalents at the beginning of the period (24,617) (24,617) (24,617) (24,617) Cash and cash equivalents at the end of the reporting period (36,179) (36,179)
syp-group-annual-accounts-2017-18-draft-new-format.docx