NOTE 38
SIGNIFICANT EVENTS AFTER THE BALANCE DATE
No events have occurred after the balance sheet date that should be brought to account or disclosed in the year ended
30 June 2013 financial statements.
NOTE 39
RECONCILIATION OF PROFIT AFTER INCOME TAX TO NET CASH INFLOW
FROM OPERATING ACTIVITIES
Consolidated
2013
$’000
2012
$’000
(Loss) for the year
(201,797)
(219,927)
Adjustments for:
Depreciation
153,699
135,984
Amortisation
4,152
1,582
Recognition of impairment loss
481,990
290,206
Recognition of deferred income attributable to financing activities
(35,840)
(25,161)
Net (gain) loss on sale of non-current assets
(2,250)
5,894
Net finance costs
27,184
18,527
Income tax
(125,119)
54,357
Income tax adjustment from prior year
4,072
-
Operating profit before changes in working capital and provisions
306,091
261,462
Change in operating assets and liabilities:
Change in trade debtors and other receivables
7,169
41,951
Changes in taxes receivable
(2,697)
11,105
Change in inventories
(4,621)
2,565
Change in other current assets
(1,005)
17,654
Change in trade and other payables
(63,761)
(34,262)
Change in other liabilities
(73)
14
Change in provisions
(438)
5,436
Interest paid
(36)
(52)
Net cash inflow (outflow) from operating activities
240,629
305,873
103
