Statement of cash flows

Notes Consolidated Parent 2008 2007 2008 2007 $000 $000 $000 $000 CASH FLOWS FROM OPERATING ACTIVITIES Levies collected 92,942 99,229 92,942 99,229 Research and development matching grants 39,060 38,077 39,060 38,077 Receipts from subsidiary – – 11,488 7,086 Receipts from processors and live exporters 10,935 12,248 10,935 12,248 Other receipts 17,236 12,457 5,765 5,395 Payments to suppliers and employees (153,313) (145,572) (153,313) (145,572) NET CASH FLOWS FROM OPERATING ACTIVITIES 24(b) 6,860 16,439 6,877 16,463 CASH FLOWS FROM INVESTING ACTIVITIES Proceeds from disposal of property, plant and equipment 11 44 11 44 Purchase of property, plant and equipment (551) (662) (551) (662) Purchase of software (435) (1,187) (435) (1,187) Interest received 3,643 2,079 3,643 2,059 NET CASH FLOWS FROM INVESTING ACTIVITIES 2,668 274 2,668 254 NET INCREASE IN CASH HELD 9,528 16,713 9,545 16,717 Add opening cash brought forward 49,177 32,464 49,160 32,443 CLOSING CASH CARRIED FORWARD 24(a) 58,705 49,177 58,705 49,160 The accompanying notes form an integral part of this Statement of cash flows.