STATEMENT OF CASH FLOWS FOR THE PERIOD ENDED 30 JUNE 2019
|
Note |
2019 |
2018 |
|
|---|---|---|---|
|
$ |
$ |
||
|
OPERATING ACTIVITIES |
|||
|
Cash received |
|||
|
Repayments from members |
8,465,688 |
8,200,286 |
|
|
Interest |
533,369 |
541,722 |
|
|
Administration Fees |
87,420 |
76,490 |
|
|
RANCCF Contribution |
104,494 |
119,734 |
|
|
Donations |
47,804 |
35,127 |
|
|
Other - Loan Conversion |
3,108 |
- |
|
|
Total cash received |
9,241,883 |
8,973,359 |
|
|
Cash used |
|||
|
Loans to members |
9,475,818 |
8,168,247 |
|
|
Grants |
72,332 |
80,171 |
|
|
Audit Fees |
14,300 |
15,180 |
|
|
Other Expenses |
11,002 |
4,443 |
|
|
Total cash used |
9,573,452 |
8,268,041 |
|
|
Net Cash from (used by) Operating Activities |
(331,569) |
705,318 |
|
|
Net increase(decrease) in cash held |
(331,569) |
705,318 |
|
|
Cash and cash equivalents at the beginning of the reporting period |
|||
|
2,136,680 |
1,431,362 |
||
|
Cash and cash equivalents at the end of the reporting period |
|||
|
1,805,111 |
2,136,680 |
||
|
The above statement should be read in conjunction with the accompanying notes |
|||
Visit
https://www.transparency.gov.au/annual-reports/royal-australian-navy-relief-trust-fund/reporting-year/2018-2019-28