Page 113 - Suncorp_Review

Suncorp Group Limited Annual Report 2010/11 111

24. Notes to the consolidated statement of cash fows

24.1 Reconciliation of cash fows from operating activities

CONSOLIDATED

2011 2010 $m $m

Proft for the fnancial year 457 789 Non-cash items

Amortisation of share-based payments 10 11 Change in fair value of trading securities 3 11 Change in fair value of investments (217) (557) Change in fair value of subordinated debt (20) (90) Change in fair value of investment property 7 12 Write-off for liability adequacy test defciency 35 – Impairment loss on joint ventures – 17 Impairment losses on loans and advances 325 479 Net profts on fnancial liabilities at amortised cost – (2) Depreciation/amortisation of property, plant and equipment and intangible assets 280 358 (Proft) loss on disposal of subsidiaries, associates and joint ventures 105 (215) Loss on disposal of property, plant and equipment 3 2 Share of profts of associates and joint ventures (4) (29) Dividends received from associates and joint ventures 2 83 Change in assets and liabilities

Net movement in tax balances 69 (52) (Increase) in other assets (3,635) (433) Decrease (increase) in trading securities 3,278 (1,550) Decrease (increase) in Banking loans, advances and other receivables 2,194 2,681 Increase (decrease) in deposits and short-term borrowings 4,760 (3,774) Increase (decrease) in payables and other liabilities 75 (112) Increase in General Insurance and Life liabilities 3,327 709 Net cash from operating activities 11,054 (1,662)

24.2 Reconciliation of cash and cash equivalents to the consolidated statement of cash fows

CONSOLIDATED

2011 2010 $m $m

Cash and cash equivalents at the end of the fnancial year in the statement of cash fows is represented by:

Cash and cash equivalents 1,271 883 Receivables due from other banks 226 232 Payable due to other banks (31) (28) 1,466 1,087