Publication - Corporate report

Scottish Government consolidated accounts: annual report 2019 to 2020

Published: 17 Dec 2020

Annual report of the consolidated financial results of the Scottish Government, its Executive Agencies and the Crown Office, prepared in accordance with International Financial Reporting Standards (IFRS). The Audit Scotland report on the accounts is also linked and is unqualified.

146 page PDF

3.9 MB

146 page PDF

3.9 MB

Contents
Scottish Government consolidated accounts: annual report 2019 to 2020
Consolidated Statement of Cash flows

146 page PDF

3.9 MB

Consolidated Statement of Cash flows

Statement of Cash Flows
For the year ended 31 March 2020
2018-19
£m
Note 2019-20
£m
(33,170) Net cash outflow from operating activities (A) (35,982)
(1,436) Net cash outflow from investment activities (B) (1,515)
116 Payments (from)/to the SCF (D) (3)
34,925 Cash flows from financing activities (C) 37,450
435 Increase / (Decrease) in cash in the period 2 (50)
(A) Reconciliation of operating costs to operating cash flows
(34,601) Net Operating Cost SoCTE (37,695)
- Transfer by absoption from FCS to SF SoCTE (3)
4 Income not applied 6b 5
1,261 Adjustments for non-cash transactions 3 691
203 Add back: interest payable for financing 160
(15) Increase / (decrease) in inventories (21)
63 (Increase) / decrease in receivables and other current assets 4 (203)
27 Increase / (decrease) in trade and other payables 4 252
(2) Increase / (decrease) in provisions 4 916
(110) Interest receivable (84)
(33,170) Net cash outflow from operating activities (35,982)
(B) Analysis of cash flows from investing activities
(595) Purchase of property, plant and equipment (501)
(73) Purchase of intangible assets (101)
26 Proceeds of disposal of property, plant and equipment 32
- Proceeds of disposal of intangible assets 2
- Proceeds of assets held for sale 1
(1,645) Advances of Investments 4, 11 (1,784)
824 Repayments of Investments 4, 11 809
27 NLF Loans 11 27
(1,436) Net Cash outflow from investment activities (1,515)
(C) Analysis of cash flows from financing activities
34,880 From Scottish Consolidated Fund SOCTE 37,524
- Funding on NHS Capital 77
(31) Loan transactions with the National Loans Fund 11 (27)
174 Capital element of payments in respect of finance leases (16)
104 Interest received 111
(205) Interest element of finance leases and NPD/PPP/PFI contracts included in SoFP (221)
3 Interest paid 2
34,925 Cash flows from financing activities 37,450
(435) Decrease/(Increase) in cash equivalents 2 50
34,490 Net cash and cash equivalents requirement 37,500

(D) Payments to the Scottish Consolidated Fund (SCF) represent the income not applied, £5m (Note 6a) offset by the increase in balances payable to the SCF of £1m and decrease in the balance receivable from the SCF of £1m.


Contact

Email: accountancyservicesunit@gov.scot