Part 4: Financial statements (continued)

Schedule of administered cash flows

Schedule of administered cash flows
for the period ended 30 June 2012
	Notes	2012 $'000	2011 $'000
OPERATING ACTIVITIES
Cash received
Sale of goods and rendering of services		930,357	1,238,387
Interest		4,580	3,144
Dividends		-	750,000
Net GST received		1,352	3
HIH Group liquidation proceeds		23,479	62,244
COAG receipts from government agencies		11,584,682	10,990,758
Other		4,853	4,590
Total cash received		12,549,303	13,049,126
Cash used
Grant payments		95,518,128	91,552,618
Interest		14,273	16,965
Other		17,412	23,166
Total cash used		95,549,813	91,592,749
Net cash from (used by) operating activities	23	(83,000,510)	(78,543,623)

INVESTING ACTIVITIES
Cash received
IMF		58	401,962
Total cash received		58	401,962
Cash used
Settlement of IMF obligations		736,184	315,051
Settlement of international financial institution's obligations		26,984	243,824
Settlement of Loans to States and Territories		14,850	-
Total cash used		778,018	558,875
Net cash from (used by) investing activities		(777,960)	(156,913)

Net increase (decrease) in cash held		(83,778,470)	(78,700,536)

CASH TO/(FROM) OFFICIAL PUBLIC ACCOUNT
Cash and cash equivalents at the beginning of the reporting period		4,763	4,063
Cash from Official Public Account for:
- Appropriations		66,491,736	64,096,231
- Special accounts		21,474,821	18,402,547
		87,966,557	82,498,778
Cash to Official Public Account for:
- Appropriations		4,191,115	2,468,045
- Special accounts		-	1,329,497
		4,191,115	3,797,542
Total cash to/(from) Official Public Account		83,780,205	78,705,299

Cash and cash equivalents at the end of the reporting period	18A	1,735	4,763

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