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Schedule of administered cash flows

Schedule of Administered Cash Flows
for the period ended 30 June 2014
  Notes 2014
$’000
2013
$’000
OPERATING ACTIVITIES      
Cash received      
Sale of goods and rendering of services   305,151 611,859
Interest   2,180 1,759
Dividends   150,000 675,000
Net GST received     121
HIH Group liquidation proceeds   26,257 4,045
COAG receipts from government agencies   1,797,950 1,523,829
Revenue receipts for non-government schools   12,007,975 8,906,423
Other   64,711 26,096
Total cash received   14,354,224 11,749,132
Cash used      
Grant payments   94,641,308 78,668,586
Grants to states for non-government schools   12,007,975 8,906,423
Interest   4,877 3,918
Other   3,200 12,010
Total cash used   106,657,360 87,590,937
Net cash from (used by) operating activities 25 (92,303,136) (75,841,805)
INVESTING ACTIVITIES      
Cash received      
Repayment of IMF loans   130,899 30,142
IMF Maintenance of Value   230,772 12
Total cash received   361,671 30,154
Cash used      
Settlement of IMF loans   209,461 222,734
Settlement of IMF Maintenance of Value   230,772  
Settlement of international financial institution’s obligations   27,044 25,862
Settlement of Loans to States and Territories   25,300  
Payment to CAC bodies   1,131,600  
Total cash used   1,624,177 248,596
Net cash from (used by) investing activities   (1,262,506) (218,442)
Net increase (decrease) in cash held      
  (93,565,642) (76,060,247)
Cash and cash equivalents at the beginning of the reporting period   3,719 1,735
Cash from Official Public Account for:      
Appropriations   80,788,891 68,679,314
Special Accounts   15,482,471 10,259,370
Total cash from Official Public Account   96,271,362 78,938,684
Cash to Official Public Account for:      
Appropriations   2,708,027 2,876,453
Total cash to Official Public Account   2,708,027 2,876,453
    93,567,054 76,063,966
Cash and cash equivalents at the end of the reporting period 20A 1,412 3,719

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