Parks Victoria - Annual Report 2009-10

SUPPORTING HEALTHY PARKS HEALTHY PEOPLECash flowsNet cash flows from operating activities showsignificant surplus funds. However, almost all of thispertains to government initiatives and asset fundingreceived by Parks Victoria for works which have notyet been fully completed. These are typically complex,multiyear projects which require significant planningand approval processes. These are shown in the 2009-10Cash Flow Statement and categorised as ‘committedcash and investments’ that relate to these initiativesand assets programs and total $97.5 million. The netcash position after commitments is a deficit of $1.0million. This is consistent with levels over the lastthree years that varied between a small cash surplusof $1.1 million to $5.3 million.50 Parks Victoria - Annual Report 2009-10