Statement of Cash Flows
Note | 2020 | 2019 | |
Receipts from governments | 4,631,000 | 4,532,816 | |
Interest received | 12,198 | 30,060 | |
Receipts from ACF donations | 4,607,056 | 6,162,431 | |
Other receipts | 255,335 | 433,745 | |
Total cash received | 9,505,589 | 11,159,052 | |
Payments to suppliers | (1,222,432) | (1,101,335) | |
Payments to employees | (1,972,032) | (1,896,941) | |
Payments to grants recipients | (1,636,482) | (1,648,043) | |
Payments to ACF grants recipients | (6,528,890) | (3,960,519) | |
Total cash used | (11,359,836) | (8,606,838) | |
Net cash generated from operating activities | (1,854,247) | 2,552,214 | |
Purchase of property, plant and equipment | (36,681) | (8,500) | |
Net cash used by investing activities | (36,681) | (8,500) | |
Net Increase in cash held | (1,890,928) | 2,543,714 | |
Cash and cash equivalents at beginning of the financial year | 6,665,920 | 4,122,206 | |
|---|---|---|---|
Cash and cash equivalents at end of the financial year | 9A | 4,774,992 | 6,665,920 |
The acccompanying notes form part of these financial statements.
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https://www.transparency.gov.au/annual-reports/australia-business-arts-foundation-ltd/reporting-year/2019-20-31