annual report 2011 - Blacktown RSL

ANNUAL REPORT 2011
Statement of Cash Flows
For the Year Ended 30 June 2011
Note 2011 2010
$ $
Cash Flows From Operating Activities
Receipts from customers 14,294,182 15,562,281
Payments to suppliers and employees (12,293,000) (13,392,151)
Interest received 22,326 30,870
Finance costs paid (344,988) (375,697)
Income taxes paid 4(b) (137,124) -
Income tax refund 4(b) -
__________________
29,567
__________________
Net cash inflow from operating activities 1,541,396 1,854,870
__________________ __________________
Cash Flows From Investing Activities
Proceeds on disposal of non-current assets 51,448 102,554
Payment for property, plant and equipment (1,632,938)
__________________
(1,117,308)
__________________
Net cash outflow from investing activities (1,581,490) (1,014,754)
__________________ __________________
Cash Flows From Financing Activities
Proceeds from borrowings 918,334 -
Repayment of borrowings (1,244,998) (1,526,664)
Hire purchase payments (208,996)
__________________
(57,026)
__________________
Net cash outflow from financing activities (535,660) (1,583,690)
__________________ __________________
Net decrease in cash and cash equivalents (575,754) (743,574)
Cash and cash equivalents at the beginning
of the financial year 1,013,416
__________________
1,756,990
__________________
Cash and cash equivalents at the
end of the financial year 5 437,662 __________________
1,013,416
__________________
The Statement of Cash Flows is to be read in conjunction with the notes to the financial statements set out on
pages 22 to 32.
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