Statement of Compliance
Statement of Corporate Intent
The TASCORP Board
Chairman’s Report
Chief Executive Officer’s Report
The Tasmanian Economy
Functions and Powers
Commonwealth-State
Financial Relations
Credit Ratings
Additional Statutory Reporting
Global Distribution Group &
Facility Membership
TASCORP Client Listing
Staff
Corporate Governance
Standards
Financial Statements
- Financial Performance
- Financial Position
- Cash Flows
- Note 1: Summary of Accounting Policies
- Note 2: Revenue & Expenses
- Note 3: Profit from Ordinary Activities
- Note 4:Statement of Tax Equivalent
- Note 5: Investments
- Note 6: Advances
- Note 7:Property Plant & Equipment
- Note 8:Other Assets
- Note 9:Deposits
- Note 10: Borrowings
- Note 11: Derivative Financial Instruments
- Note 12: Other Liabilities
- Note 13: General Reserve
- Note 14: Reconciliation of Cash Flows
- Note 15: Net Fair Values
- Note 16a: Credit Risk
- Note 16b; Interest Rate Risk Management
- Note 16c: Foreign Exchange Risk Management
- Note 16d: Liquidity Risk
- Note 17: Liabilities & Commitments
- Note 18: Lease Commitments
- Note 19: Auditor's Remuneration
- Note 20: Directors Remuneration
- Note 21: Superannuation
- Note 22: Related Party Information
- Note 23: Disclosure of Impacts
- Certification Statement
- Independent Audit Report
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 June 2004
Note
2003-04
A$’000
Inflows/
(Outflows)
2002-03
A$’000
Inflows/
(Outflows)
OPERATING ACTIVITIES
Interest Receipts in the Course of Operations
388,591
496,292
Interest Payments in the Course of Operations
(396,846)
(428,859)
Other Receipts in the Course of Operations
3,118
5,010
Operating Expenditure
(3,724)
(4,519)
Tax Equivalent Paid
(3,018)
(4,061)
Net Cash (Outflow)/Inflow from Operating Activities
14c
(11,879)
63,863
INVESTING ACTIVITIES
Net (Increase)/Decrease in Client Advances
(5,768)
160,778
Net (Increase) in Investments
(226,280)
(18,653)
Net (Increase) in Cross Currency Swap Receivables
(3,036)
0
Proceeds from Sale of Non-Financial Assets
28
28
Payment for Fixed Assets and Capitalised Loan Expenses
(192)
(561)
Net Cash (Outflow)/Inflow from Investing Activities
(235,248)
141,592
FINANCING ACTIVITIES
Net (Decrease)/Increase in Deposits
(49,969)
200,515
Net Increase/(Decrease) in Borrowings
437,891
(268,441)
Net Increase in Cross Currency Swap Payables
3,492
0
Net (Increase)/Decrease in Swap Pre-payments
(41,707)
(8,244)
Dividend Paid
(6,175)
(5,971)
Net Cash (Outflow)/Inflow from Investing Activities
343,532
(82,141)
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS
96,405
123,314
Cash and Cash Equivalents at Beginning of Year
101,917
(21,397)
Cash and Cash Equivalents at End of Year
1(c)&14b
198,322
101,917
The accompanying notes form an integral part of these financial statements
