2012
$
2011
$
20. Notes to the Cash Flow Statement
(a) Reconciliation of Surplus for the period to Net Cash Flows From Operating Activities
Surplus for the period
2,956,032 2,055,973
4,541,751
(208,460)
(287,684)
(323,434)
(2,668,951) 703,249
(19,490)
(586,899)
(115,217)
(373,965)
Changes in net assets and liabilities:
Decrease / (Increase) in current receivables and other assets
(Decrease) / Increase in current payables and other liabilities
Increase in provisions 486,034
533,080
3,395,380 (2,296,527)
(4,272,852)
258,916
Net cash from (utilised by) operating activities 8,423,747 (4,646,812)
Depreciation and amortisation of non-current assets
Loss / (Gain) on sale of non-current assets
Dividends received
Interest received
Government capital funding
(b) Reconciliation of Cash and Cash Equivalents
For the purposes of the cash flow statement, cash and cash equivalents include cash at bank and on hand.
Cash and cash equivalents at the end of the financial year as shown in the cash flow statement is reconciled
to the related items in the balance sheet as follows:
Cash and cash equivalents
19,501,774
10,872,656
Cash includes $4,895,486 (2011: $4,289,237) which is held for disbursement in accordance with
government funding agreements, including to organisations other than KU.
Continues...
117th Annual Report 2012
37