Comcare - Australian Government
Comcare homeComcare Annual Report 2010-11 homeFinancials

Comcare cash flow Statement

as at 30 June 2011

 
Notes
2011
$'000
2010
$'000
OPERATING ACTIVITIES      
       
Cash received      
Goods and services   38,757 29,349
Receipts from Government   77,333 70,289
Interest   17,220 14,641
Workers’ compensation premiums   243,578 233,926
Other cash received   1,275 1,081
Total cash received   378,163 349,286
       
Cash used      
Employees   56,371 49,599
Net GST paid   17,273 16,342
Suppliers   28,434 28,663
Workers’ compensation claims   246,015 236,278
Asbestos related disease claims   15,734 22,447
Total cash used   363,827 353,329
       
Net cash flows from (used by) operating activities  10 14,336 (4,044)
       
INVESTING ACTIVITIES      
       
Cash received      
Proceeds from sales of property, plant and equipment   30 -
Total cash received   30 -
       
Cash used      
Purchase of property, plant and equipment   2,485 5,437
Total cash used   2,485 5,437
       
Net cash flows from/(used by) investing activities    (2,455) (5,437)
       
 Net increase in cash held    11,881 (9,481)
       
Cash and cash equivalents at the beginning of the reporting period   199,122 208,603
Cash and cash equivalents at the end of the reporting period 6A 211,003 199,122
       

The above statements should be read in conjunction with the following notes