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Cash flow statement for the financial year ended 30 June 2023

Cash flows from/(used in) operating activities

Notes

2023

$’000

2022

$’000

Receipts from government 720,456669,578
Receipts from other entities 1,8271,997
Goods and services tax recovered from the Australian Taxation Office 23,31527,075
Interest received

214
Total receipts

745,619698,654
Payments to suppliers and employees

(385,355)(450,856)
Payments of grants expenses

(343,090)(217,918)
Interest and other costs of finance paid

(112)(174)
Total payments (728,557)(668,948)
Net cash flows from operating activities7.2.217,06229,706

Cash flows used in investing activities

Notes

2023

$’000

2022

$’000

Purchase of non-financial assets (14,152)(22,896)
Proceeds from disposal of motor vehicles 1,144891
Total payments (13,008)(22,005)
Net cash flows used in investing activities (13,008)(22,005)

Cash flows from/(used in) financing activities

Notes

2023

$’000

2022

$’000

Appropriation for capital expenditure purposes 225,91951,800
Special appropriations for capital expenditure purposes2.2.26,7075,710
Cash transferred In – machinery of government changes8.62
Total receipts 232,62857,510
Cash transferred out – machinery of government changes8.6(27,572)(2,672)
Capital grants to portfolio agencies (231,707)(57,510)
Repayment of leases (2,885)(2,555)
Total payments (262,164)(62,737)
Net cash flows used in financing activities (29,536)(5,227)
Net increase/(decrease) in cash and cash equivalents (25,482)2,474
Cash and cash equivalents at the beginning of financial year 55,35652,882
Cash and equivalents at the end of financial year7.2.129,87455,356

The accompanying notes form part of these financial statements.

Updated