For the year ending 30 June Note 2022 2021
$ $
11 Reconciliation of Net Cash from Operating Activities to profit for the year
Profit for the year 996,499 1,298,588
Non-cash flows in profit for the year |
|
|
|
Depreciation |
|
325,536 |
241,610 |
Profit on sale on non-current assets ( 5,434 ) ( 11,253 )
Change in Assets & Liabilities |
|
|
Movement in Trade & Other Receivables |
( 105,904 ) |
( 155,687 ) |
Movement in Prepayments ( 207,618 ) 50,233 Movement in Inventories 24,596 2,590 Movement in Trade & Other Payables 25,643 ( 139,920 ) Movement in Accruals and Revenue in Advance 97,992 13,512 Movement in Employee Benefits ( 124,223 ) 32,676
Net cash from operating activities 1,027,087 1,332,349
12 Auditor ' s Remuneration
Audit and review of financial statements 7,400 7,400
Other audit services - -
Total Auditor ' s Remuneration 7,400 7,400
2021 / 22 ABA ANNUAL REPORT
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