Cash Flow Statement for Fair Work Commission
for the period ended 30 June 2014
    2014 2013
  Notes $'000 $’000
OPERATING ACTIVITIES      
Cash received      
Appropriations   93,949 81,654
Sale of goods and rendering of services (inclusive of GST)   1,125 1,592
Grant revenue   - 139
Net GST received   4,465 3,241
Total cash received   99,539 86,626
 
Cash used      
Employees   (49,293) (50,997)
Suppliers (inclusive of GST)   (32,483) (30,290)
Total cash used   (81,776) (81,287)
Net cash from operating activities 10 17,763 5,339
       
INVESTING ACTIVITIES      
Cash used      
Purchase of leasehold improvements   (13,912) (3,883)
Purchase of property, plant and equipment   (4,648) (2,427)
Purchase of intangibles   (328) (577)
Total cash used   (18,888) (6,887)
Net cash used by investing activities   (18,888) (6,887)
       
FINANCING ACTIVITIES      
Cash received      
Departmental capital budget   349 1,483
Equity Injection   788 -
Total cash received   1,137 1,483
Net cash from financing activities   1,137 1,483
       
Net increase (decrease) in cash held   12 (65)
Cash and cash equivalents at the beginning of the reporting period   421 486
Cash and cash equivalents at the end of the reporting period 6A 433 421

The above schedule should be read in conjunction with the accompanying notes.