Statement of Cashflows
Bundanon Trust
For the year ended 30 June 2019
The statement should be read in conjunction with the accompanying notes.
|
NOTES |
2019 |
2018 |
|
|
Operating activities |
$ |
$ |
|
|
Cash flows from operating activities |
|||
|
Receipts from customers |
1,999,507 |
2,917,374 |
|
|
Receipts from funding |
1,501,000 |
5,429,920 |
|
|
Interest |
76,807 |
12,769 |
|
|
Investment income |
53,797 |
39,067 |
|
|
Payments to suppliers and employees |
(3,640,697) |
(3,710,871) |
|
|
Interest paid |
(3,161) |
(2,990) |
|
|
Net cash from operating activities |
(12,747) |
4,685,269 |
|
|
Investing activities |
|||
|
Cash flows from investing activities |
|||
|
Proceeds from sale of property, plant and equipment |
21,235 |
65,820 |
|
|
Proceeds from sale of financial instruments |
162,097 |
228,340 |
|
|
Purchase of property, plant and equipment |
(1,369,419) |
(450,312) |
|
|
Purchase of intangibles |
(5,950) |
(4,051) |
|
|
Purchase of financial instruments |
(222,753) |
(221,315) |
|
|
Net cash used by investing activities |
(1,414,790) |
(381,518) |
|
|
Financing activities |
|||
|
Proceeds from bank loans |
- |
104,732 |
|
|
Repayment of bank loans |
(34,313) |
(23,915) |
|
|
Total Financing activities |
(34,313) |
80,817 |
|
|
Total cashflows |
|||
|
Net increase / (decrease) in cash held |
(1,461,850) |
4,384,568 |
|
|
Cash and cash equivalent at the beginning of the reporting period |
4,536,480 |
151,912 |
|
|
Cash and cash equivalent at the end of the reporting period |
3,074,630 |
4,536,480 |
Cash from operating activities in 2017-18 year included $3,436,920, of capital grant funding from the Regional Cultural Fund towards the Riversdale Masterplan. These funds have been quarantined for the proposed capital project, with construction commencing during the 2018-19 year.
Visit
https://www.transparency.gov.au/annual-reports/bundanon-trust/reporting-year/2018-2019-35