2017 Financial Statement ALEH Bnei Brak 2017 Financial Statements - ALEH Bnei Brak | Page 7

ALEH - Help for the Special Child
Statements of Cash Flows (in thousands New Sheqels)
Year ended
December 31
2017
2016
Cash Flows from Operating Activities:
Net income for the year 3,134 2,433
Adjustments to reconcile net cash flow from operating activities - Appendix
A 1,079 (543)
4,213 1,890
(20,790) (13,945)
17,186 12,405
151 -
- (101)
(3,453) (1,641)
Obtaining a long-term loan from a related party 114 (649)
Receipt of long-term loans from banks 321 1,500
Repayment of long-term loans from banks (974) (1,419)
Net cash used for financing activities (539) (568)
221 (319)
Cash and cash equivalents at beginning of year 1,420 1,739
Cash and cash equivalents at end of year 1,641 1,420
Net cash provided by operating activities
Cash Flows from Investment Activities:
Purchase of fixed assets
Proceeds from donations whose use has been restricted as temporarily
restricted net assets
Proceeds from sale of fixed assets
Short-term investments
Net cash used in investment activities
Cash flows from Financing Activities:
Increase (Decrease) in cash and cash equivalents
The accompanying notes are an integral part of these financial statements.
6