St Barbara Mines Limited Annual Report 2004 Notes to the Financial Statements  for the year ended 30 June 2004 30. RECONCILIATION OF LOSS AFTER INCOME TAX TO NET CASH  OUTFLOW FROM OPERATING ACTIVITIES Consolidated Company 30 June 2004 $’000 30 June 2003 $’000 30 June 2004 $’000 30 June 2003 $’000 Operating loss after income tax (25,228) (32,985) (31,929) (27,935) Write down FITB - 2,965 - 2,965 Depreciation and amortisation 2,726 18,391 2,721 18,347 Mining properties change in accounting  policies - 9,897 - 2,546 Provision for diminution in investments 312 - 12,348 4,081 Write down of exploration tenements 318 - 318 - Provision for diminution of exploration  tenements 5,256 - 5,256 - Loss/ (pro fi t) on sale of property, plant and  equipment 2,462 (798) 2,462 (798) Pro fi  t on sale of shares (93) - (93) - Borrowing expenses paid with shares 1,707 1,015 1,707 1,015 Convertible note borrowing cost 739 1,640 739 1,337 Interest on NuStar loan account - - (841) (1,141) NuStar administration service fee - - (182) - Provision for non-recovery of subsidiary loan - - 270 - Issuance of options in lieu facility fees - 1,529 - 1,529 Changes in assets and liabilities: - Decrease in trade and other debtors 2,676 969 3,314 621 - Decrease in inventories 3,487 887 3,487 887 - Decrease in other assets 620 172 620 145 - Increase in trade and other creditors,  employee entitlements and provisions (3,624) (4,236) (4,460) (4,338) Net cash in fl  ow from operating activities (8,642) (554) (4,263) (739)