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Defence Service Homes Insurance Scheme CASH FLOW STATEMENT

for the period ended 30 June 2013

Cash flow statement
    2013 2012
  Notes $’000 $’000
OPERATING ACTIVITIES      
Cash received      
Premiums received   34,996 30,762
Commissions received   2,604 2,324
Net GST received   46 512
Receipts from Government   120 120
Reinsurance and other recoveries   2,584 18,942
Total cash received   40,350 52,660
Cash used      
Claim payments   27,840 36,858
Employees   3,303 3,481
Suppliers   1,745 1,743
Fire brigade and emergency services contributions   2,719 2,373
Reinsurance premiums   7,225 5,999
Acquisition costs   493 490
Total cash used   43,325 50,944
Net cash from (used by) operating activities 9A (2,975) 1,716
INVESTING ACTIVITIES      
Cash received      
Investments realised   9,300 12,600
Total cash received   9,300 12,600
Cash used      
Purchase of investments   6,000 14,600
Total cash used   6,000 14,600
Net cash from (used by) investing activities   3,300 (2,000)
Net increase (decrease) in cash held   325 (284)
Cash and cash equivalents at the beginning of the reporting period   1,550 1,834
Cash and cash equivalents at the end of the reporting period 5A 1,875 1,550

The above statement should be read in conjunction with the accompanying notes.

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