Consolidated statement of cash flows
For the year ended 30 June 2012
Consolidated
2012
2011
Notes
$’000
$’000
Cash flows from operating activities
Receipts from customers
(inclusive of goods and services tax)
837,517
696,593
Tripartite agreement income
-
11,820
Inland rail study income
-
(61)
Payments to suppliers and employees
(inclusive of goods and services tax)
(558,028)
(531,167)
Tax received
11,105
7,450
Interest paid
(52)
(66)
290,542
184,569
Interest received
15,331
21,294
Net cash inflow (outflow) from operating activities
40
305,873
205,863
Cash flows from investing activities
Payments for property, plant and equipment
16
(1,158,035)
(881,514)
Payments for intangibles computer software
and land rights
18
(2,879)
(857)
Proceeds/(payments) for held‑to‑maturity investments
20,418
(20,418)
Proceeds from sale of property, plant and equipment
4,652
1,278
Net cash (outflow) inflow from investing activities
(1,135,844)
(901,511)
Cash flows from financing activities
Government grant ‑ other
52,651
88,701
Proceeds from equity funding
30
409,300
558,200
Proceeds from loan facility
20,000
-
Repayment of loan facility
-
(60,000)
Receipt from bond issuance
298,927
200,000
Finance lease payments
(209)
(195)
Payments for transaction costs in relation to borrowings
(28,401)
(11,690)
Net cash inflow from financing activities
752,268
775,016
Net (decrease)/increase in cash and cash equivalents
(77,703)
79,368
Cash and cash equivalents at the beginning of the
financial year
123,627
44,259
Cash and cash equivalents at end of year
7
45,924
123,627
The above consolidated statement of cash flows should be read in conjunction with the accompanying notes.
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