Note 10: Cash Flow Reconciliation Reconciliation of cash and cash equivalents as per statement of financial position to cash flow statement Cash and cash equivalents as per 2014 2013 $ $ Cash flow statement 1,312,042 1,266,889 Statement of financial position 1,312,042 1,266,889 Discrepancy - Reconciliation of net cost of services to net cash 2014 2013 from operating activities $ $ Net cost of services (11,645,393) (12,588,072) Revenue from Government 12,215,000 12,607,000 Adjustments for non-cash items 2014 2013 $ $ Depreciation / amortisation 584,886 566,274 Net write down of non-financial assets 84,773 11,315 Loss on disposal and transfer of assets 12,927 15,540 Unwinding of discount 6,263 4,939 non-cash items (1,018,327) - Movements in assets and liabilities Assets 2014 2013 $ $ Decrease /(Increase) in net receivables 637,477 (395,989) (Increase) in prepayments (123,111) (97,554) (Increase) in inventories held for distribution (23,221) (10,805) Liabilities 2014 2013 $ $ Increase in employee provisions 313,420 248,929 (Decrease) / Increase in supplier payables (464,676) 716,955 Increase in provisions - 8,903 (Decrease) in other payables (277,269) (493,847) Net cash from operating activities 301,425 594,912
Note 10: Cash Flow Reconciliation Reconciliation of cash and cash equivalents as per statement of financial position to cash flow statement Cash and cash equivalents as per 2014 $ 2013 $ Cash flow statement 1,312,042 1,266,889 Statement of financial position 1,312,042 1,266,889 Discrepancy - Reconciliation of net cost of services to net cash from operating activities 2014 $ 2013 $ Net cost of services (11,645,393) (12,588,072) Revenue from Government 12,215,000 12,607,000 Adjustments for non-cash items 2014 $ 2013 $ Depreciation / amortisation 584,886 566,274 Net write down of non-financial assets 84,773 11,315 Loss on disposal and transfer of assets 12,927 15,540 Unwinding of discount 4,939 6,263 non-cash items (1,018,327) - Movements in assets and liabilities Assets 2014 $ 2013 $ Decrease /(Increase) in net receivables 637,477 (395,989) (Increase) in prepayments (123,111) (97,554) (Increase) in inventories held for distribution (23,221) (10,805) Liabilities 2014 $ 2013 $ Increase in employee provisions 313,420 248,929 (Decrease) / Increase in supplier payables (464,676) 716,955 Increase in provisions - 8,903 (Decrease) in other payables (277,269) (493,847) Net cash from operating activities 301,425 594,912
cancer-australia-annualreport-2013-14.docx