AS AT 30 JUNE 2011
80
30. Capital and leasing commitments
Consolidated
2011
2010
$’000
$’000
Operating lease commitments
Non-cancellable operating leases contracted for
but not capitalised in the fnancial statements due:
– within one year
2,628
2,464
– later than one year but not later than fve years
5,566
7,096
8,194
9,560
Sub lease payments
Future minimum lease payments expected to be received
in relation to non-cancellable sub-leases of operating leases
1,469
1,824
31. Reconciliation of proft after income tax to net cash infow from operating activities
Consolidated
2011
2010
$’000
$’000
Proft for the year
51,760
58,922
Share-based payments
3,300
2,783
Depreciation and amortisation
6,183
5,382
Self funding of loans, leases and lease periods
71,030
49,120
Movement in impairment provisions
894
(683)
Other non-cash movements
(774)
1,108
Net cash infow from operating activities before change in assets and liabilities
132,393
116,632
Change in operating assets and liabilities:
(Increase)/Decrease in other receivables
(3,030)
1,389
(Increase)/Decrease in net lease and loan receivables
(107,256)
(58,844)
(Increase)/Decrease in residuals
(7,363)
6,253
(Decrease)/Increase in funder loans
32,861
767
(Increase)/Decrease in loss reserve
14,425
(416)
(Decrease)/Increase in trade and other creditors
(11,258)
11,565
(Increase)/Decrease in inventories
719
4,042
(Decrease)/Increase in provisions
437
176
(Increase)/Decrease in capitalised initial direct transaction costs
967
(8,411)
(Decrease)/Increase in current tax payable
30,536
(23,555)
(Decrease)/Increase in deferred tax liabilities
3,405
4,763
(Increase)/Decrease in deferred tax assets
382
(978)
Net cash infow from operating activities
87,218
53,383
Notes to the Financial Statements (continued)