Page 41 - Statement of Intent 2015/16

future, then the legislative process for disposal of land is followed with a view to obtaining a maximum price for Waikato DHB.
3.13 Movements in Equity
Table: Statement of Prospective Movements in Equity
Table: Statement of Prospective Cashflow
Forecast Statement of Movements in Equity
2013/14 $000 A CTUA L
2014/15 $000 FORECA ST
2015/16 $000 PL A NNED
2016/17 $000 PL A NNED
2017/18 $000 PL A NNED
2018/19 $000 PL A NNED
Crow n equity at start of period
207,321
239,656
234,455
234,491
234,750
234,957
Surplus/(Deficit) for the period
3,848
(3,007)
2,229
2,455
2,401
2,367
Increase in Revaluation Reserve Equity Injection from Crow n
30,681 -
- -
- -
- -
- -
- -
Distributions to Crow n
(2,194)
(2,194)
(2,194)
(2,194)
(2,194)
(2,194)
Other movements in Equity
-
-
1
(2)
-
-
Crow n equity at end of period
239,656
234,455
234,491
234,750
234,957
235,130
Forecast Statement of Cashflows
2013/14 $000 A CTUA L
2014/15 $000 FORECA ST
2015/16 $000 PL A NNED
2016/17 $000 PL A NNED
2017/18 $000 PL A NNED
2018/19 $000 PL A NNED
OPERATING CASHFLOWS
Cash w as provided from Crow n Agencies and other income sources
1,215,097
1,237,529
1,289,564
1,318,112
1,347,789
1,377,741
Cash w as disbursed to employees, suppliers and payment of finance charges
(1,154,168)
(1,187,614)
(1,232,537)
(1,258,482)
(1,285,127)
(1,314,432)
60,929
49,915
57,027
59,630
62,663
63,308
INVESTING CASHFLOWS
Cash w as provided from assets and equity
1,338
1,681
1,200
2,930
2,969
2,990
Cash w as disbursed to purchase of assets and investments
(48,013)
(34,044)
(60,820)
(61,915)
(51,353)
(26,110)
(46,675)
(32,363)
(59,620)
(58,985)
(48,384)
(23,120)
FINANCING CASHFLOWS
Cash w as provided from proceeds of borrow ings and equity movements
9,471
(12,937)
7,159
222
(15,859)
(25,155)
Cash w as disbursed to repayment of borrow ings
-
-
-
-
-
-
9,471
(12,937)
7,159
222
(15,859)
(25,155)
Net increase/(decrease) in cash held
23,725
4,615
4,567
867
(1,580)
15,033
Add Opening cash balance
(39,492)
(15,767)
(11,152)
(6,585)
(5,718)
(7,298)
CLOSING CASH BALANCE
(15,767)
(11,152)
(6,585)
(5,718)
(7,298)
7,735
Made up from:
Bank balances, deposits and cash
(15,767)
(11,152)
(6,585)
(5,718)
(7,298)
7,735
Our building programme is complete. For borrowings, we are using a mix of terms of between 5 years and 10 years to manage long term interest rate risk.
Revenue Banking of $58 million (excl. GST) paid to Ministry of Health is received back as revenue and is now fully repatriated.
3.2 Capital Expenditure / Investment
New capital expenditure projects budgeted for the next four years are outlined in the following table.
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