Queensland Art Gallery Annual Report 2006-07

appendixes / QUEENSLAND ART GALLERY ANNUAL REPORT 06–07 73 CASH FLOW STATEMENT for the year ended 30 June 2007 Notes Economic Economic Parent Parent Entity Entity Entity Entity 2007 2006 2007 2006 $'000 $'000 $'000 $'000 Cash flows from operating activities Inflows Government contributions 25 498 22 821 25 498 22 821 Gallery Store operations 1120 976 1120 976 GST input tax credits from ATO 1308 811 1229 765 GST collected from customers 321 259 258 225 Interest receipts 1774 730 672 427 Dividends 6 6 - - Other 981 683 986 763 Outflows Employee expenses (14 601) (10 763) (14 601) (10 763) Supplies and services (12 392) (6926) (12 270) (6828) Gallery Store operations (1007) (453) (1007) (453) Grants and subsidies (1183) - (1683) (500) Borrowing costs (1) (7) (1) (7) GST paid to suppliers (1288) (840) (1223) (783) GST remitted to ATO (375) (194) (296) (176) Other (133) (202) (80) (158) Net cash provided by (used in) operating activities 19 (A) 28 6901 (1398) 6309 Notes Economic Economic Parent Parent Entity Entity Entity Entity 2007 2006 2007 2006 $'000 $'000 $'000 $'000 Cash flows from investing activities Inflows Proceeds from sale of investments - 1 032 - - Sales of property, plant and equipment 90 392 90 392 Outflows Payments for property, plant and equipment (3600) (2200) (1836) (2200) Payment for investments - (3530) - - Net cash provided by (used in) investing activities (3510) (4306) (1746) (1808) Cash flows from financing activities Outflows Borrowing redemptions (34) (142) (34) (142) Net cash provided by (used in) financing activities (34) (142) (34) (142) Net increase (decrease) in cash held (3516) 2453 (3178) 4359 Cash at beginning of financial year 9400 6947 8511 4152 Cash at end of financial year 19 (B) 5884 9400 5333 8511 The accompanying notes form part of these statements.