62nd Annual Report 2012/2013 - Anglesea Surf Life Saving Club

ANGLESEA SURF LIFESAVING CLUB INC.
ABN 14 544 659 974
Statement of Cash Flows
For the year ended 30 April 2013
2013 2012
$ $
Cash Flow From Operating Activities
Receipts from customers 707,486 567,231
Payments to Suppliers and employees (558,981) (467,783)
Interest received 1,274 1,745
Net cash from operations (note 2) 149,779 101,193
Cash Flow From Financing Activities
Property, plant & equipment (101,257) (98,130)
Net cash provided by (used in) financing activities (101,257) (98,130)
Net increase / (decrease) in cash ANGLESEA held SURF LIFESAVING CLUB 48,522 INC.
3,063
ABN 14 544 659 974
Transfer to Foundation Statement of Cash Flows (12,000) (12,300)
For the year ended 30 April 2013
Cash at the beginning of the year 53,683 62,920
Cash at the end of the year (note 1) 201390,205 201253,683
Note 1. Reconciliation Of Cash
For the purposes of the statement of cash flows, cash
includes cash on hand and in banks and investments
in money market instruments, net of outstanding
bank overdrafts.
Cash at the end of the year as shown in the statement
of cash flows is reconciled to the related items in the
balance sheet as follows:
Cash At Bank 88,204 51,683
Term deposit 2,000 2,000
90,205 53,683
Note 2. Reconciliation Of Net Cash Provided By/Used In Operating Activities To Net Profit
Operating profit (loss) after tax 170,489 16,064
Non-cash Flows from profit from ordinary activities:
- Depreciation 70,439 81,475
Changes in assets and liabilities:
- (Increase) decrease in accounts receivable (17,412) 13,105
- (Increase) decrease The in inventories accompanying notes form part of these financial (6,087) statements. (22,659)
- Increase (decrease) in accounts payable (58,547) (4,367)
- Increase (decrease) in GST payable (5,346) 10,058
- Increase (decrease) in provisions (3,757) 7,517
Net cash provided by operating activities 149,779 101,193
Anglesea SLSC Annual Report 2012/13 49