Departmental financial statements

Summary of departmental financial results

for the year ended 30 June 2008
	Unit	2007-08 Actual	2006-07 Actual
Operating results
Total revenue	$000	617,666	535,580
Total output expenses	$000	611,705	536,199
Operating surplus before capital charge	$000	17,962	9,184
Net surplus/(deficit)	$000	5,961	(619)
Working capital
Liquid ratio		1.28	1.46
Current ratio		1.38	1.54
Resource utilisation
Property, plant and equipment and intangibles (PPE and I)
As % of total assets		67%	59%
Additions as % of PPE and I		52%	47%
Taxpayers' funds
Level at year-end	$000	199,521	155,195
Taxpayers' funds as % of total assets		63%	58%
Net cash flows
Surplus from operating activities	$000	67,065	52,506
(Deficit) from investing activities	$000	(102,988)	(72,889)
Surplus from financing activities	$000	41,066	28,922
Net increase in cash held	$000	5,143	8,539