KU Financial Report
Statement of Recognised
Income and Expense
For the financial year ended 31 December 2008
NOTE
2008 2007
$ $
Transfer to profit and loss of cumulative loss on available for sale asset 16 1,486,422 -
(Loss) / gain on revaluation of available-for-sale financial assets 16 (1,859,577) (139,790)
(373,155) (139,790)
(Deficit) / Surplus for the period (2,929,294) 1,764,008
Total recognised income and expense for the period (3,302,449) 1,624,218
2008 2007
$ $
Net income recognised directly in equity
Cash Flow Statement
For the financial year ended 31 December 2008
NOTE
Cash flows from operating activities
73,995,566 66,282,023
(70,138,753) (63,642,596)
3,856,813 2,639,427
(2,206,824) (1,784,641)
Proceeds from sale of available-for-sale financial assets - -
Payment for available-for-sale financial assets - -
394,234 426,785
- 46,310
(1,812,590) (1,311,546)
2,044,223 1,327,881
14,104,293 12,776,412
16,148,516 14,104,293
Receipts from customers, government bodies and centres
Payments to suppliers and employees
Net cash provided by operating activities
21(a)
Cash flows from investing activities
Payment for property, plant and equipment
Interest received
Proceeds from sale of property, plant and equipment
Net cash used in investing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at the beginning of the financial year
Cash and cash equivalents at the end of the financial year
21(b)
Notes to the financial statements are included on pages 24 to 39.
113th Annual Report 2008
23