2022 |
2021 |
|
$ |
$ |
|
Cash flows from operating activities Receipts from customers , government bodies and centres |
120,299,530 |
117,192,520 |
Receipts from brokered programs |
27,756,567 |
28,578,964 |
Payments to suppliers and employees |
( 117,913,228 ) |
( 115,554,126 ) |
Allocations to recipients of brokered programs |
( 27,116,405 ) |
( 28,347,613 ) |
Net cash generated by operating activities |
3,026,464 |
1,869,745 |
Cash flows from investing activities Payment for property , plant and equipment |
( 3,473,840 ) |
( 9,721,989 ) |
Receipts from government capital grants |
984,928 |
1,180,205 |
Interest received |
492,074 |
98,095 |
Finance costs |
( 29,198 ) |
( 28,301 ) |
Investments in term deposits |
( 2,000,000 ) |
5,000,000 |
Net cash ( utilised in )/ generated by investing activities |
( 4,026,035 ) |
( 3,471,990 ) |
Cash flows from financing activities Payment of lease liabilities |
( 2,370,877 ) |
( 3,443,404 ) |
Additions to lease liabilities |
- |
285,094 |
Movement in leases liabilities |
( 2,370,877 ) |
( 3,158,310 ) |
Net cash ( utilised )/ generated by financing activities |
( 2,370,877 ) |
( 3,158,310 ) |
Net increase in cash and cash equivalents |
( 3,370,449 ) |
( 4,760,555 ) |
Cash and cash equivalents at the beginning of the financial year |
53,389,604 |
58,150,159 |
Cash and cash equivalents at the end of the financial period |
50,019,155 |
53,389,604 |