FINANCIALS
Statement of Cash Flows for the Financial
Year Ended 31 December 2017
Note
2017 2016
$ $
116,156,239 117,498,175
22,723,604 16,535,879
(110,916,367) (110,064,862)
(20,886,206) (16,946,074)
7,077,270 7,023,118
(4,289,836) (1,068,176)
62,957 63,374
Interest received 961,081 894,997
Finance cost (24,540) (30,770)
Payment for/receipt from investments (term deposits) (7,000,000) 1,000,000
Net cash (utilised in)/generated by investing activities (10,290,338) 859,425
Payment for finance leases (301,633) (281,641)
Net cash utilised by financing activities (301,633) (281,641)
Net (decrease)/increase in cash and cash equivalents (3,514,701) 7,600,902
Cash and cash equivalents at the beginning of the financial year 38,770,776 31,169,874
35,256,075 38,770,776
Cash flows from operating activities
Receipts from customers, government bodies and centres
Receipts from government brokered programs
Payments to suppliers and employees
Allocations to recipients of brokered programs
Net cash generated by operating activities
21(a)
Cash flows from investing activities
Payment for property, plant and equipment
Receipts from government capital grants
Cash flows from financing activities
Cash and cash equivalents at the end of the financial year
21(b)
The Statement of Cash Flows is to be read in conjunction with the attached notes.
11
KU
20
17