0
2006
$000's
2005
$000's
Reserves
Revaluation reserve
2,320
-
Capital reserve
2,314
-
Provision for dividend
-
21
4,634
21
Revaluation reserve
Opening balance
-
-
Revaluation of land
2,320
-
Closing balance
2,320
-
Capital reserve
-
Opening balance
-
-
Transfer from retained earnings
2,314
-
Closing balance
2,314
-
Retained earnings
Opening balance
6,470
,42
Net surplus for the year
3,353
1,2
Dividends paid to shareholders
-
(4)
Transfer to capital reserve
(2,314)
-
Closing balance
7,509
,40
15. Reconciliation of net surplus with cash flow from operating activities
Net surplus for the year
3,353
1,2
Add/(less) non-cash items
Depreciation and amortisation
3,979
3,3
Decrease/(increase) in deferred taxation
302
Increase/(decrease) in non-current employee entitlements provision
(80)
13
Total non-cash items
4,201
3,21
Add/(less) item classified as investing activity
Net gain/(loss) on sale of property, plant and equipment
(359)
(10)
Net non-cash movement with respect to sale of business unit
(2,592)
-
Deferred acquisition payment
(227)
(200)
Total investing activity
(3,178)
(210)
Add/(less) movements in working capital items
(Increase)/decrease in accounts receivable
2,328
(3,33)
(Increase)/decrease in inventories
(1,110)
(33)
Increase/(decrease) in current employee entitlement provision
364
484
Increase/(decrease) in accounts payable and accruals
199
1,20
Increase/(decrease) in taxation provision
(544)
(4)
Total movement in working capital
1,237
(2,3)
Net cash inflow from operating activities
5,613
2,80
