Archived decisions
Cash Flow Statement |
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|
2004/05 |
2005/06 | ||
Revenue Activities |
£'000 |
£'000 | ||
Cash outflows |
|
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Cash paid to and on behalf of employees |
775,091 |
816,565 | ||
Other operating costs |
541,614 |
582,098 | ||
|
1,316,705 |
1,398,663 | ||
Cash inflows |
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Rents |
-4,346 |
-4,027 | ||
Precepts |
-402,458 |
-420,454 | ||
National business rates |
-313,904 |
-380,761 | ||
Revenue Support Grant |
-332,926 |
-304,349 | ||
Collection fund surpluses |
-2,987 |
-1,846 | ||
Charges for goods and services |
-77,186 |
-96,400 | ||
Specific Government grants |
-172,468 |
-168,208 | ||
Other income |
-80,591 |
-108,453 | ||
-1,386,866 |
-1,484,498 | |||
Net cash inflow from revenue activities (see note 1) |
-70,161 |
-85,835 | ||
Returns on investments and servicing of finance |
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Cash outflows - Interest paid |
14,652 |
16,105 | ||
Cash inflows - Interest received |
-3,009 |
-2,776 | ||
Net cash outflow from servicing of finance activities |
11,643 |
13,329 | ||
Capital Activities |
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Cash outflows |
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Fixed assets |
181,796 |
168,570 | ||
Deferred charges |
17,077 |
19,686 | ||
|
198,873 |
188,256 | ||
Cash inflows |
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Sale of fixed assets |
-18,817 |
-11,101 | ||
Capital grants (see note 2) |
-41,972 |
-46,520 | ||
Other income |
-55,087 |
-21,427 | ||
-115,876 |
-79,048 | |||
Net cash outflow from capital activities |
82,997 |
109,208 | ||
Net cash outflow before financing (see notes 3 and 4) |
24,479 |
36,702 | ||
Financing |
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Borrowing repayable over periods of one year or more: |
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Repayments |
8,000 |
4,000 | ||
|
New loans |
-39,000 |
-52,000 | |
Borrowing repayable within one year: |
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Repayments |
412,361 |
479,083 | ||
New loans |
-438,415 |
-457,871 | ||
Net cash inflow/outflow |
-32,575 |
9,914 | ||
62 |
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Notes to cash flow statement |
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|
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1 |
Reconciliation of Consolidated Revenue Account surplus to |
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net cash inflow from revenue activities |
2004/05 |
2005/06 | ||
£'000 |
£'000 | |||
Net surplus (-) deficit (+) on the Consolidated |
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Revenue Account |
-5,022 |
13,454 | ||
Net cash outflow from servicing of finance activities |
-11,643 |
-13,329 | ||
Variation in stocks |
495 |
-255 | ||
Variation in deposits |
7 |
-116 | ||
Variation in debtors |
6,472 |
-2,847 | ||
Decrease in long-term debtors |
-813 |
-2,218 | ||
Increase in payments in advance |
1,606 |
992 | ||
Increase in creditors |
-11,160 |
-3,954 | ||
Variation in receipts in advance |
156 |
-3,832 | ||
Decrease in provisions |
3,279 |
1,686 | ||
Variation in other balances |
-62 |
240 | ||
-20 |
-10,304 | |||
Non-cash transactions |
|
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Transfers from reserves |
-9,205 |
-17,235 | ||
Increase in doubtful debts provision |
-447 |
-576 | ||
Interest on developer contributions |
-1,122 |
-1,305 | ||
Provision for loan and lease repayments |
-18,457 |
-20,988 | ||
Contribution to capital outlay |
-24,245 |
-35,552 | ||
-53,476 |
-75,656 | |||
Net cash inflow from revenue activities |
-70,161 |
-85,835 | ||
2 |
Analysis of capital grants |
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(Revenue grants are analysed in the Consolidated Revenue Account) |
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2004/05 |
2005/06 | |||
£'000 |
£'000 | |||
Capital grants |
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Department for Education and Skills |
35,923 |
40,313 | ||
Department for Constitutional Affairs |
319 |
- | ||
Department of Health |
696 |
352 | ||
Department of Transport |
3,867 |
2,941 | ||
Department for Communities and Local Government |
1,004 |
2,646 | ||
Other Bodies |
163 |
268 | ||
41,972 |
46,520 | |||
63 |
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3 |
Movement in net debt |
at 1 April |
at 31 March |
Movement |
2005 |
2006 |
in the year | ||
£'000 |
£'000 |
£'000 | ||
Cash |
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Cash in hand |
6,703 |
6,116 |
-587 | |
Cash overdrawn |
-19,753 |
-18,426 |
1,327 | |
Investments |
108,210 |
97,556 |
-10,654 | |
Cash outflow |
95,160 |
85,246 |
-9,914 | |
Financing |
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Borrowing repayable within one year |
-117,542 |
-100,330 |
17,212 | |
Long term borrowing |
-243,000 |
-287,000 |
-44,000 | |
Total borrowing |
-360,542 |
-387,330 |
-26,788 | |
Net debt |
-265,382 |
-302,084 |
-36,702 | |
4 |
Reconciliation of movement in net debt to cash flow statement |
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2004/05 |
2005/06 | |||
£'000 |
£'000 | |||
Cash inflow/outflow |
32,575 |
-9,914 | ||
Repayment of amount borrowed |
8,000 |
4,000 | ||
New loans |
-39,000 |
-52,000 | ||
Net increase in temporary borrowing |
-26,054 |
21,212 | ||
-24,479 |
-36,702 | |||
64 |
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