Note 4 to the Departmental Resource Accounts
4. Reconciliation of net resource outturn to net cash requirement
| Description | Note | Estimate £000 |
Outturn £000 |
Net total outturn compared with Estimate: saving/(excess) £000 |
|---|---|---|---|---|
| Resource Outturn | 2 | 642,888 | 613,625 | 29,263 |
| Capital: Acquisition of non-current assets (Note a) | 11 and 12 | 5,100 | 3,068 | 2,032 |
| Capital: Investments | - | - | - | |
| Non-operating A in A: Proceeds of asset disposals | - | - | - | |
| Accruals adjustments: Non-cash items | 8 and 9 | (19,123) | (11,425) | (7,698) |
| Accruals adjustments: Changes in working capital other than cash | 9,520 | 17,432 | (7,912) | |
| Accruals adjustments: Use of provisions | 18 | 5,000 | 7,737 | (2,737) |
| Net cash requirement | 643,385 | 630,437 | 12,948 | |
| Note a - Acquisition of non-current assets comprises: | ||||
| Additions of property, plant and equipment | 11 | 3,908 | ||
| Additions of intangible assets | 12 | 41 | ||
| Accrual adjustments | 11 | (881) | ||
| Total Acquisition of non-current assets | 3,068 |
Explanation of the variation between Estimate and outturn (net total resources):
(i) Capital expenditure was lower than forecast as a result of tighter controls on capital spending.
(ii) Expenditure on non-cash items was lower than forecast owing to a write back of provisions of £12.818 million (Note 18).
(iii) Movements in working capital other than cash were higher than the Estimate because of a decrease in accruals and deferred income of £7.457 million between 2009-10 and 2010-11 and a reduction in the year end supply creditor of £10.856 million between 2009-10 and 2010-11.
(iv) Use of provisions was higher than forecast due to increases in the number of early departures.
Detailed explanations of the variances are given in the Management Commentary.
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