Go to top of page

Consolidated Cash Flow Statement

AUSTRALIAN SPORTS FOUNDATION LIMITED AND CONTROLLED ENTITIES CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE 2020

OPERATING ACTIVITIES

NOTES

2020 $

2019 $

Cash received

Donations

43,655,604

42,216,391

Grants

-

1,486,000

Interest

51,955

58,840

Net GST received

4,058,491

3,261,824

Other revenue

50,000

-

Sponsorship

5,260

212,823

Total cash received from operating activities

47,821,310

47,235,878

Cash used

Grants

(46,838,604)

(46,493,290)

Suppliers and employees

(6,941,755)

(5,472,882)

Total cash used from operating activities

(53,780,359)

(51,966,172)

Net cash from operating activities

8

(5,959,049)

(4,730,293)

INVESTING ACTIVITIES

Cash used

Purchase of property, plant and equipment and intangibles

(305,592)

(130,928)

Total cash used

(305,592)

(130,928)

Net cash from investing activities

(305,592)

(130,928)

Net (decrease) / increase in cash held

(6,264,641)

(4,861,221)

Cash and cash equivalents at the beginning of the reporting period

18,203,393

23,064,614

Cash and cash equivalents at the end of the reporting period

4A

11,938,752

18,203,393

The above statement should be read in conjunction with the accompanying notes.