Receipts from customers , government bodies and centres |
134,072,642 |
122,325,318 |
Receipts from Brokered Programs |
30,573,742 |
24,672,382 |
Payments to suppliers and employees |
( 118,082,505 ) |
( 111,286,408 ) |
Allocations to recipients of brokered programs |
( 25,709,234 ) |
( 26,331,940 ) |
Net cash generated by operating activities |
20,854,645 |
9,379,352 |
Cash flows from investing activities Payment for property , plant and equipment |
( 5,917,217 ) |
( 11,490,059 ) |
Receipts from government capital grants |
186,554 |
472,549 |
Interest received |
255,284 |
736,788 |
Finance costs |
( 35,906 ) |
- |
Investments in term deposits |
( 5,500,000 ) |
- |
Proceeds from disposal of fixed assets |
53,073 |
- |
Net cash ( utilised in )/ generated by investing activities |
( 10,958,212 ) |
( 10,280,722 ) |
Cash flows from financing activities Payment of lease liabilities |
( 2,965,119 ) |
( 2,575,666 ) |
Net cash ( utilised )/ generated by financing activities |
( 2,965,119 ) |
( 2,575,666 ) |
Net increase in cash and cash equivalents |
6,931,314 |
( 3,477,036 ) |
Cash and cash equivalents at the beginning of the financial year |
51,218,845 |
54,665,881 |
Cash and cash equivalents at the end of the financial period |
58,150,159 |
51,188,845 |