Annual report 2005/06

Part 1: Achieving outcomes

Part 2: Performance information

Part 3: Residential Tenancies Trust account Financial Statements

Statement of cash flows

for the year ended 30 June 2006

	Note	2006 Actual $000	2006 Main Estimates $000	2006 Supplementary Estimates $000	2005 Actual $000
Cash flows from operating activities
Cash was provided from:
Supply of outputs to
- The Crown		24,596	29,350	25,033	10,015
- Customers		27,357	25,270	28,343	13,010

Cash was applied to:
Produce outputs
- Personnel		(25,739)	(25,925)	(25,925)	(15,431)
- Operating		(27,152)	(32,696)	(25,688)	(10,078)
- Net GST paid		(336)	-	163	55
- Capital charge		(332)	(355)	(332)	(301)
Net cash flows from operating activities	12	(1,606)	(4,356)	1,594	(2,730)

Cash flows from investing activities
Cash was provided from:
Sale of fixed assets		16	-	-	-

Cash was disbursed for:
Purchase of fixed assets		(4,989)	(4,150)	(7,575)	(1,511)
Net cash flows from investing activities		(4,973)	(4,150)	(7,575)	(1,511)

Cash flows from financing activities
Cash was provided from:
Capital contributions		7,738	9,576	9,241	5,124

Cash was disbursed for:
Repayment of surplus		(188)	-	(188)	(747)
Net cash flows from financing activities		7,550	9,576	9,053	4,377
Net increase/(decrease) in cash held		971	1,070	3,072	136
Add opening cash		167	309	167	31
Closing cash		1,138	1,379	3,239	167

as at 30 June 2006

	2006 Actual $000	2005 Actual $000
Operating lease commitments
Less than 1 year	2,891	1,108
1 to 2 years	1,952	887
2 to 5 years	4,802	598
Over 5 years	5,454	-
Total operating lease commitments	15,099	2,593
Capital commitments	-	583
Total commitments	15,099	3,176

as at 30 June 2006

	2006 Actual $000	2005 Actual $000
Contingent liabilities
Personal grievance(s)	108	5
Total contingent liabilities	108	5

These financial statements are to be read in conjunction with the accompanying accounting policies and notes to the financial statements.