Part 4: Financial statements (continued)

Date

Schedule of administered cash flows

Schedule of administered cash flows
for the period ended 30 June 2013
  Notes 2013
$'000
2012
$'000
OPERATING ACTIVITIES      
Cash received      
Sale of goods and rendering of services   611,859 930,357
Interest   1,759 4,580
Dividends   675,000  -
Net GST received   121 1,352
HIH Group liquidation proceeds   4,045 23,479
COAG receipts from government agencies   1,523,829 3,014,862
Revenue receipts for non-government schools   8,906,423 8,569,820
Other   26,096 4,853
Total cash received   11,749,132 12,549,303
Cash used      
Grant payments   78,668,586 86,948,308
Grants to states for non-government schools   8,906,423 8,569,820
Interest   3,918 14,273
Other   12,010 17,412
Total cash used   87,590,937 95,549,813
Net cash from (used by) operating activities  23 (75,841,805) (83,000,510)
       
INVESTING ACTIVITIES      
Cash received      
Repayment of IMF loans   30,142  -
IMF movement of value   12 58
Total cash received   30,154 58
Cash used      
Settlement of IMF loans   222,734 736,184
Settlement of international financial institution's obligations   25,862 26,984
Settlement of Loans to States and Territories   - 14,850
Total cash used   248,596 778,018
Net cash from (used by) investing activities   (218,442) (777,960)
       
Net increase (decrease) in cash held   (76,060,247) (83,778,470)
       
CASH TO/(FROM) OFFICIAL PUBLIC ACCOUNT      
Cash and cash equivalents at the beginning of the reporting period   1,735 4,763
Cash from Official Public Account for:      
- Appropriations   68,679,314 66,491,736
- Special Accounts   10,259,370 21,474,821
    78,938,684 87,966,557
Cash to Official Public Account for:      
- Appropriations   2,876,453 4,191,115
- Special Accounts   -  -
    2,876,453 4,191,115
Total cash to/(from) Official Public Account   76,063,966 83,780,205
       
Cash and cash equivalents at the end of the reporting period 18A 3,719 1,735

This schedule should be read in conjunction with the accompanying notes.