Territory Stories

Alice Springs Town Council 2003/2004 Annual Report

Details:

Title

Alice Springs Town Council 2003/2004 Annual Report

Other title

Annual report 2003/2004; Alice Springs Town Council annual report

Creator

Alice Springs Town Council

Collection

E-Publications; E-Books; PublicationNT; Annual Report

Date

2005

Notes

Made available via the Publications (Legal Deposit) Act 2004 (NT).

Language

English

Subject

Alice Springs (N.T.). Council -- Periodicals; Local government -- Northern Territory -- Alice Springs -- Periodicals

Publisher name

Alice Springs Town Council

Place of publication

Alice Springs

Series

Annual Report

Volume

2004-2005

File type

application/pdf

Copyright owner

Alice Springs Town Council

Parent handle

https://hdl.handle.net/10070/253407

Citation address

https://hdl.handle.net/10070/538275

Page content

ALICE SPRINGS TOWN COUNCIL NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS for the year ended 30 June 2005 Note 11 - RECONCILIATION TO CASH FLOW STATEMENT (a) Reconciliation of Cash 2005 2004 $'000 $'000 Cash Assets Cash on Hand and at Bank 312 610 Deposits at Call 7,700 - Short Tern Deposits 1,400 5,500 9,412 6,110 Less: Bank Overdraft - - Balance per Statement of Cash Flows 9,412 6,110 (b) Reconciliation of Change in Net Assets to Cash from Operating Activities Change in Net Assets resulting from Operations (1,523) (327) Add: Depreciation and Amortisation 3,935 2,937 Increase in provision for doubtful debts - - Increase in employee benefits 130 42 Increase in other provisions - - Decrease in receivables - - Decrease in inventories 18 - Decrease in other current assets - 22 Increase in trade creditors - - Increase in accrued expenses payable 683 27 Increase in other payables 68 - Loss on Sale of Assets 588 - Decrements from Revaluations - - 3,899 2,701 Less: Decrease in provision for doubtful debts - 33 Decrease in employee benefits - - Decrease in other provisions 20 - Increase in receivables 547 102 Increase in inventories - 4 Increase in other current assets 55 - Decrease in trade creditors 379 81 Decrease in accrued expenses payable - - Decrease in other payables - 125 Gain on Sale of Assets - 164 Reversal of previous Revaluation Decrements - - Non-cash Capital Grants and Contributions - 691 Net Cash provided by (or used in) operations 2,898 1,501 For the purposes of the statement of cash flows, cash includes cash on hand, at bank and at call deposits with other financial institutions. Term deposits are also included. Cash at the end of the reporting period as shown in the Statement of Cash Flows is reconciled to the related items in the Statement of Financial Position as follows: Cash Assets subject to legislative restrictions that are not expected to be expended in the next reporting period are described as non-current assets. Page 27