Notes to the Financial Statements (continued)  CONSOLIDATED  PARENT  2003  2002  2003  2002  $000  $000  $000  $000  29. Notes to the Statement of Cash  Flows  (a)  Reconciliation of Cash  Cash on hand  26,805  29,100  -  -  Short term money market deposits  164  1,164  -  -  26,969  30,264  -  -  Bank overdraft (Note 18)  (5,856)  (7,270)  -  -  Cash at end of period  21,113  22,994  -  -  (b)  Reconciliation of net profit after income tax  to net operating cash flows:  Net profit after income tax before outside equity  interests  161,676  129,059  122,460  190,275  Adjustments for non-cash income and expense  items:  Net foreign exchange (gain)/loss  69  (330)  -  -  Bad and doubtful debts  1,145  1,438  -  -  Provision for inventory obsolescence  186  1,857  -  -  Share of joint ventures  158  807  -  -  Share of partnerships -  492  -  -  Depreciation of property, plant and equipment  62,050  52,374  -  -  Amortisation of leased assets  3,891  4,214  -  -  Amortisation of goodwill  854  844  -  -  Transfers to provisions:  Employee entitlements 1,726  931  -  -  Doubtful debts (848)  686  -  -  (Profit)/loss on disposal of:  Property, plant and equipment, and listed securities  629   (4,145)  -  -  Adjustment for non-operating cashflows:  Conversion of non-trade amounts receivable from  wholly owned controlled enitities as consideration  for purchase of investments  -  -  (7)  (9)  HARVEY NORMAN HOLDINGS LIMITED AND ITS CONTROLLED ENTITIES – ANNUAL REPORT 2003  52 