Publication - Corporate report
Consolidated Accounts: year ended 31 March 2023
Scottish Government Consolidated Accounts for year ended 31 March 2023.
Consolidated Statement of Cash Flows
| 2021-22 £m | Note | 2022-23 £m | |
|---|---|---|---|
| Net cash outflow from operating activities | 895 | (A) | (48,211) |
| Net cash outflow from investment activities | (1,755) | (B) | (1,829) |
| Payments (from)/to the SCF | (140) | (D) | 117 |
| Cash flows from financing activities | 48,545 | (C) | 49,245 |
| Increase / (Decrease) in cash in the period | 47,545 | 2 | (678) |
| (A) Reconciliation of operating costs to operating cash flows | |||
| Net Operating Cost | (48,856) | SoCTE | (47,707) |
| Income not applied | 6 | 5b | 12 |
| Adjustments for non-cash transactions | 52 | 3 | 455 |
| Add back: interest payable for financing | 48,545 | 220 | |
| Increase / (decrease) in inventories | 37 | (4) | |
| (Increase) / decrease in receivables and other current assets | 27 | 4 | (246) |
| Increase / (decrease) in trade and other payables | 748 | 4 | (848) |
| Increase / (decrease) in provisions | 37 | 4 | 14 |
| Interest receivable | (31) | (107) | |
| Net cash outflow from operating activities | (47,831) | (48,211) | |
| (B) Analysis of cash flows from investing activities | |||
| Purchase of property, plant and equipment | (800) | (863) | |
| Purchase of intangible assets | (252) | (162) | |
| Proceeds of disposal of property, plant and equipment | 5 | - | |
| Proceeds of disposal of intangible assets | 20 | 6 | |
| Proceeds of assets held for sale | 4 | - | |
| Advances of Investments | (1,584) | (1,108) | |
| Acquisition of Shares | (130) | (151) | |
| Repayments of Investments | 802 | 417 | |
| NLF Loans | 50 | 10 | 32 |
| Net Cash outflow from investment activities | (1,885) | (1,829) | |
| (C) Analysis of cash flows from financing activities | |||
| From Scottish Consolidated Fund | 48,800 | SOCTE | 49,545 |
| Loan transactions with the National Loans Fund | (50) | (32) | |
| Capital element of payments in respect of finance leases | (87) | (146) | |
| Interest received | 109 | 109 | |
| Interest element of finance leases and NPD/PPP/PFI contracts included in SoFP | (226) | (221) | |
| Interest paid | (1) | - | |
| Cash flows from financing activities | 48,545 | 49,923 | |
| Decrease/(Increase) in cash equivalents | 262 | 2 | 678 |
| Net cash and cash equivalents requirement | 48,807 | 49,923 |
(D) Payments to the Scottish Consolidated Fund (SCF) represent the increase in the balance receivable from the SCF of £117m.
Contact
Email: angela.flynn@gov.scot