Statement of Changes in Equity for the year ended 30 June 2023 Actual 2023 $000 Budget 2023 $000 Actual 2022 $000 Balance at 1 July 4,195 4,964 6,158 Total comprehensive revenue and expense (623) (2,528) (1,963) Balance at 30 June 3,572 2,436 4,195 Actual 2023 $000 Budget 2023 $000 Actual 2022 $000 15,329 15,329 14,545 158 177 726 73 30 30 (10,501) (11,206) (12,639) (5,353) (6,146) (4,272) 8 50 (9) (286) (1,766) (1,619) Maturity of term deposits - - 4,500 Sales of property, plant and equipment - - 1 Purchases of property, plant and equipment (277) (304) (1,488) Purchases of intangible assets (235) - - Net cash flow from investing activities (512) (304) 3,013 Net increase/(decrease) in cash (798) (2,070) 1,394 Cash and cash equivalents at the beginning of the year 3,269 4,364 1,875 Cash and cash equivalents at the end of the year 2,471 2,294 3,269 Notes Statement of Cash Flows for the year ended 30 June 2023 Notes Cash flows from operating activities Receipts from the Crown Receipts from other sources Interest received Payments to commissioners and employees Payments to suppliers Goods and services tax (net) Net cash flow from operating activities Cash flows from investing activities The accompanying notes form part of the financial statements including Note 18 for major variances from budget. 58 Pūrongo ā-tau Annual Report 2023