Variance Variance between Original between actual Budget estimate results (a) Actual Actual and for 2015 Variance 2015 2015 2014 actual and Note $000 $000 $000 $000 2014 Net Assets 71,329 75,638 73,974 4,309 1,664 Equity Contributed equity T 39,058 39,117 36,117 59 3,000 Hedging reserves 25, U -2,458 -434 -1,963 2,024 1,529 Accumulated surplus (deficiency) 34,729 36,956 39,820 2,227 -2,864 Total Equity 71,329 75,639 73,974 4,310 1,665 (a) The budget estimates have been reclassified to align with the financial statement classification of balance sheet items. Statement of Cash Flows Variance Variance between between Original estimate actual Budget Actual Actual and results Variance (a) 2015 2015 2014 actual for 2015 Note $000 $000 $000 $000 and 2014 CASH FLOWS FROM STATE GOVERNMENT Service appropriation 11, I 162,559 153,075 208,936 (9,484) (55,861) Holding account drawdowns V 2,124 2,124 619 - 1,505 Capital contributions T 3,000 3,000 - - 3,000 Non-retained revenue distributed to owners - - - - - Royalties for Regions Fund 13, J 483 85 121 -398 -36 Net cash provided by 168,166 158,284 209,676 -9,882 -51,392 Government Utilised as follows: CASH FLOWS FROM OPERATING ACTIVITIES Payments
Variance Note Original Budget (a) 2015 $000 Actual 2015 $000 Actual 2014 $000 Variance between estimate and actual $000 Variance between actual results for 2015 and 2014 Net Assets 71,329 75,638 73,974 4,309 1,664 Equity Contributed equity T 39,058 39,117 36,117 59 3,000 Hedging reserves 25, U -2,458 -434 -1,963 2,024 1,529 Accumulated surplus (deficiency) 34,729 36,956 39,820 2,227 -2,864 Total Equity 71,329 75,639 73,974 4,310 1,665 (a) The budget estimates have been reclassified to align with the financial statement classification of balance sheet items. Statement of Cash Flows Variance Note Original Budget (a) 2015 $000 Actual 2015 $000 Actual 2014 $000 Variance between estimate and actual $000 Variance between actual results for 2015 and 2014 CASH FLOWS FROM STATE GOVERNMENT Service appropriation 11, I 162,559 153,075 208,936 (9,484) (55,861) Holding account drawdowns V 2,124 2,124 619 - 1,505 Capital contributions T 3,000 3,000 - - 3,000 Non-retained revenue distributed to owners - - - - - Royalties for Regions Fund 13, J 483 85 121 -398 -36 Net cash provided by Government 168,166 158,284 209,676 -9,882 -51,392 Utilised as follows: CASH FLOWS FROM OPERATING ACTIVITIES Payments
DPC-Annual-Report-2014-15.docx