Cash Flow Statement

for the period ended 30 June 2015

 

Notes

2015
$

2014
$

OPERATING ACTIVITIES

 

 

 

Cash received

 

 

 

Appropriations

 

2,817,000

2,940,223

Sale of goods and rendering of services

 

5,097

2,464

Net GST received

 

68,677

71,633

Total cash received

 

2,890,774

3,014,320

  

 

 

Cash Used

 

 

 

Employees

 

2,094,037

2,102,027

Suppliers

 

980,054

364,667

Total cash used

 

3,074,091

2,466,694

Net cash from / (used by) operating activities

11

(183,317)

547,626

  

 

 

INVESTING ACTIVITIES

 

 

 

Cash used

 

 

 

Purchase of plant and equipment

 

10,073

52,004

Total cash used

 

10,073

52,004

Net cash used by investing activities

 

(10,073)

(52,004)

  

 

 

FINANCING ACTIVITIES

 

 

 

Cash received

 

 

 

Contributed equity

 

56,000

57,000

Total cash received

 

56,000

57,000

Net cash from financing activities

 

56,000

57,000

  

 

 

Net increase / (decrease) in cash held

 

(137,390)

552,622

Cash and cash equivalents at the beginning of the reporting period

 

1,325,087

772,465

Cash and cash equivalents at the end of the reporting period

7A

1,187,697

1,325,087

The above statement should be read in conjunction with the accompanying notes