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Cash Flow Statements

Cash Flow Statements

for the period ended 30 June 2020

AASB

AUASB

Notes

2020

2019

2020

2019

$

$

$

$

OPERATING ACTIVITIES

Cash received

Appropriations

5,145,000

3,933,000

3,015,000

1,941,000

Goods and services

604,244

707,253

0

0

Net GST received

125,706

156,888

0

0

Contributions received

509,925

492,125

0

0

Total cash received

6,384,855

5,289,266

3,015,000

1,941,000

Cash used

Employees and contractors

2,974,517

2,839,774

1,297,940

1,043,012

Suppliers

1,501,365

1,991,970

871,205

1,046,811

Interest payment on lease liabilities

4,452

0

0

0

Total cash used

4,480,334

4,831,744

2,169,145

2,089,823

Net cash from / (used by) operating activities

7

1,904,521

457,522

844,855

(148,823)

INVESTING ACTIVITIES

Cash received / (used)

Purchase of infrastructure, plant and equipment

(62,976)

(49,720)

0

0

Cash received from disposal of infrastructure, plant and equipment

75

2,162

0

0

Net cash used by investing activities

(62,901)

(47,558)

0

0

FINANCING ACTIVITIES

Cash received

Contributed equity

79,000

47,000

38,000

5,300

Principal payment on lease liabilities

(202,064)

0

0

0

Net cash from financing activities

(123,064)

47,000

38,000

5,300

Net increase / (decrease) in cash held

1,718,556

456,964

883,855

(143,523)

Cash and cash equivalents at the beginning of the reporting period

464,561

7,597

188,885

332,408

Cash and cash equivalents at the end of the reporting period

2,183,117

464,561

1,072,740

188,885

The above statements should be read in conjunction with the accompanying notes