For the purposes of the statement of cash flows, cash includes cash and cash equivalents, net of outstanding bank overdrafts. Estimated cash at the end of the reporting period is as follows:
2017/18 Budget $ 2016/17 Actual $ 2016/17 Budget $
Cash - unrestricted 155,119 502,220 24,267
Cash - restricted 1,049,576 1,094,258 1,101,693
1,204,695 1,596,478 1,125,960
The following restrictions have been imposed by regulation or other externally imposed requirements:
| Long Service Leave | 141,303 | 138,532 | 138,536 |
|---|---|---|---|
| Mortlock Lodge | 3,813 | 3,738 | 3,742 |
| Plant Replacement | 188,912 | 185,000 | 195,589 |
| Staff Housing | 56,163 | 55,000 | 58,161 |
| Aged Care Reserve | 148,041 | 145,138 | 145,142 |
| Vehicle Reserve | 102,262 | 100,000 | 113,080 |
| Sewerage Reserve | 310,238 | 304,155 | 304,161 |
| Community Bus Reserve | 58,602 | 57,437 | 58,260 |
| Lcdc Reserve | 11,227 | 11,000 | 11,330 |
| S/Pool Revitalisation Reserve | 0 | 65,570 | 65,107 |
| Emergency Fund Reserve | 0 | 0 | 5,000 |
| S&R Co-Ordinator Al & Lsl Reserve | 16,699 | 16,371 | 16,372 |
| 1,037,261 | 1,081,942 | 1,114,481 | |
| (b) Reconciliation of net cash provided by operating activities to net result | |||
| Net result | 739,207 | 1,119,657 | 1,681,248 |
| Depreciation | 1,400,100 | 1,317,425 | 1,400,450 |
| (Profit)/loss on sale of asset | 177,480 | 59,158 | (104,894) |
| Loss on revaluation of non current assets | 0 | 0 | 0 |
| (Increase)/decrease in receivables | 237,684 | (19,762) | 0 |
| (Increase)/decrease in inventories | 0 | 96 | 0 |
| Increase/(decrease) in payables | (200,000) | (251,173) | (150,000) |
| Increase/(decrease) in employee provisions | 0 | 0 | (166,388) |
| Grants/contributions for the development of assets | (1,771,098) | (1,055,381) | (1,797,703) |
| Net cash from operating activities | 583,373 | 1,170,020 | 862,713 |