20  Annual Report Statement of cash flows for the year ended 30 June 2009 2009 2009 2008 a  ctual Budget a ctual n  ote $ $ $ Cash flows from operating activities Receipts from Crown revenue 4,842,000 4,224,000 5,390,000 Interest received 99,100 137,280 215,443 Sale of publications and other revenue 9,616 20,000 84,245 Payments to employees (3,551,544) (3,220,874) (3,795,196) Payments to suppliers (1,398,361) (1,374,276) (2,233,938) Goods and services tax (net) 31,368 (60,000) 89,516 Net cash from operating activities 16 32,179 (273,280) (249,930) Cash flows from investing activities Receipts from sale of property, plant and equipment 0 0 12,853 Placement of funds on term deposits (920,000) 0 950,000 Maturity of funds on term deposits 920,000 0 0 Purchase of property, plant and equipment (93,838) (107,000) (212,378) Purchase of intangible assets (2,400) (13,000) (12,571) Net cash from investing activities (96,238) (120,000) 737,904 Cash flows from financing activities Finance Costs 0 0 (1,617) Net cash from financing activities 0 0 (1,617) Net(decrease)/increase in cash and cash equivalents (64,059) (393,280) 486,357 Cash and cash equivalents at the beginning of the year 7 887,056 972,000 400,699 Cash and cash equivalents at the end of the year 7 822,997 578,720 887,056 The accompanying notes form part of these financial statements. The GST (net) component of operating activities reflects the net GST paid and received with the Inland Revenue Department.