Australian Public Service Commission Statement of Cash Flows
for the year ended 30 June 2003

	Notes	2003 $’000	2002 $’000
OPERATING ACTIVITIES
Cash received
Goods and services		12,647	10,700
Appropriations		15,388	14,962
Interest		121	407
GST received from ATO		149	101
Total cash received		28,305	26,170
Cash used
Employees		12,523	11,114
Suppliers		13,467	11,412
Borrowing costs		30	43
Cash transferred to the Official Public Account (OPA)		8,924	-
Other		-	1,536
Total cash used		34,944	24,105
Net cash from / (used by) operating activities	12	(6,639)	2,065
INVESTING ACTIVITIES
Cash received
Proceeds from sales of property, plant and equipment		20	6
Proceeds from sale of financial instruments		37,500	105,550
Total cash received		37,520	105,556
Cash used
Purchase of property, plant and equipment		405	186
Purchase of financial instruments		29,000	107,050
Purchase of intangibles		90	192
Total cash used		29,495	107,428
Net cash from / (used by) investing activities		8,025	(1,872)
FINANCING ACTIVITIES
Cash Used
Capital use charge paid		742	673
Return of capital		684	-
Total cash used		1,426	673
Net cash from / (used by) financing activities		(1,426)	(673)
Net increase / (decrease) in cash held		(40)	(480)
Cash at the beginning of the reporting period		891	1,371
Cash at the end of the reporting period	6a	851	891

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