siast 2006-2007 annual report - Saskatchewan Institute of Applied ...

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Ida Sadowski, Health Information
Management instructor, was appointed to the
Canadian Health Information Management
Association’s Continuing Professional
Education Committee.
CONSOLIDATED STATEMENT OF CASH FLOWS
Year ended June 30, 2007 with comparative figures for 2006
(in thousands of dollars)
Cash provided by (used in):
Lynn Sheridan, an Occupational Health and
Safety Practitioner program faculty member
and chair of the SIAST Nursing Division
Mentorship Project Team, received the
Saskatchewan Registered Nurses’ Association
Mentorship Award.
Heather West (pictured), academic director
of Library Services, has been reappointed to
the Saskatchewan Multitype Library Board.
West was elected secretary/Communiqué
editor for the Community and Technical
College section of the Canadian Library
Association.
2007 2006
Operating activities:
Deficiency of revenue over expenses
Items not affecting cash:
$ (2,884 ) $ (1,356)
Amortization of capital assets 5,909 5,326
Amortization of deferred capital contributions (2,395 )
(2,120)
Change in non-cash working capital (note 17) 28,954 3,711
Loss (gain) on disposal of capital assets 21 (80)
Cash provided by operating activities 29,605 5,481
Financing and investing activities:
Purchase of capital assets (11,576 )
(9,442)
Contributions for capital assets purchased 7,663 2,475
Increase in obligation under capital leases 527 -
Repayments of obligation under capital leases (278 )
(188)
Proceeds from sale of capital assets 37 295
Change in scholarship and other trust fund deferred contributions 169 (142)
Endowment contributions 114 53
Increase in long-term investments (133 )
(1)
Cash used in financing and investing activities (3,477 )
(6,950)
Net increase (decrease) in cash and short-term investments 26,128 (1,469)
Cash and short-term investments, beginning of year 15,606 17,075
Cash and short-term investments, end of year $ 41,734 $ 15,606
See accompanying notes to consolidated financial statements.