Transport Scotland Annual Report and Accounts 2010/11
| 2010-11 | Restated 2009-10 |
||
|---|---|---|---|
| note | £'000 | £'000 | |
| (A) Cash flows from operating activities | |||
| Net operating cost | SoCNE | (1,547,129) | (1,653,635) |
| Adjustments for non-cash transactions | 4/5 | 44,588 | 93,576 |
| (Increase)/ Decrease in trade and other receivables | 13 | (32,428) | 2,322 |
| Increase/ (Decrease) trade payables | 13 | (8,557) | 67,988 |
| Use in provisions | 13 | 6,634 | (2,307) |
| Release of donated assets | SCITE | (77) | (77) |
| Less movement in payables for items not passing through the SoCNE | 0 | 274 | |
| Adjustment for the interest element of the PFI contract | 5 | 14,949 | 14,461 |
| Net cash outflow from operating activities | (1,522,020) | (1,477,398) | |
| (B) Cash flows from investing activities | |||
| Purchase of property, plant and equipment | 7 | (216,021) | (282,018) |
| Purchase of intangible assets | 8 | (17) | 0 |
| Transfer of PPE to Assets Held For Sale | 441 | 0 | |
| Capital element of land provision | (44,278) | (37,932) | |
| Voted loans | 9 | (8,764) | (4,736) |
| Net cash inflow/(outflow) from investing activities | (268,639) | (324,686) | |
| (C) Cash flows from financing activities | |||
| Funding from the Scottish Government | SCITE | 1,809,985 | 1,810,906 |
| Capital element of payments in respect of finance leases and on balance sheet PFI contracts | (4,377) | 5,639 | |
| Interest element of the PFI contracts | 5 | (14,949) | (14,461) |
| Net Financing | 1,790,659 | 1,802,084 | |
| Net Increase/ (Decrease) in cash and cash equivalents in the period | 0 | 0 | |
| Cash and cash equivalents at the beginning of the period | 0 | 0 | |
| Cash and cash equivalents at the end of the period | 0 | 0 | |