NOTES TO THE FINANCIAL STATEMENTS  for the year ended 30 June 2001 CABCHARGE AUSTRALIA LIMITED  AND CONTROLLED ENTITIES 23 ABN 99 001 958 390 4 Income Tax (a) The prima facie tax on profit from ordinary  activities before income tax is reconciled to  the income tax as follows:  Prima facie tax payable on profit from ordinary  activities before income tax at 34% (2000:36%) 6,489,894 6,269,353  6,497,367 6,272,902 Add tax effect of: Non-deductible depreciation and amortisation 92,522  97,964  92,522 97,964  Other assessable income on sale of investments - 192,871  -  192,871 Timing differences and tax losses not brought to account 7, 473 3,549 - - Adjustments to deferred tax assets and liabilities for change in company tax rate to 30%  (2000: from 36% to 34%) 16,632  12,400  16,632 12,400  6,606,521 6,576,137  6,606,521 6,576,137 Less tax effect of: Rebateable fully franked dividends (1,882) (1,296) (1,882) (1,296) Other deductible expenses - (118,683) - (118,683) Other non assessable income (36,676) - (36,676) - Income tax expense attributable to profit  from ordinary activities before income tax 6,567,963 6,456,158  6,567,963 6,456,158  (b) Income tax expense comprises: Current income tax payable 6,483,518  6,450,804  6,483,518  6,450,804 Movement in deferred tax assets (23,124) (12,916) (23,124) (12,916) Movement in deferred tax liabilities 107,569 18,270  107,569  18,270  Income tax expense 6,567,963  6,456,158  6,567,963  6,456,158 5 Current Assets - Cash Cash at bank 4,211,663 1,907,082  4,206,045 1,902,224  Deposits at call 34,335,208 38,799,966  34,335,208 38,799,966  Balance per statement of cash flows 38,546,871 40,707,048  38,541,253 40,702,190 6 Current Assets - Receivables Trade debtors 38,232,807 34,520,431  38,232,807 34,520,431 Provision for doubtful debts (354,624) (354,624)  (354,624) (354,624)  37,878,183 34,165,807  37,878,183  34,165,807  Amount receivable from: Wholly owned subsidiaries - - 113,473 92,992 Other related parties 183,529 5,048,035  183,529 5,048,035 Other debtors  3,442,829 1,099,431  3,442,829 1,099,430 41,504,541 40,313,273  41,618,014 40,406,264  Economic Entity Parent Entity 2001 2000 2001 2000 $ $ $ $