15 October 2012 - Easy Holidays
15 October 2012 - Easy Holidays
15 October 2012 - Easy Holidays
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
EASY HOLIDAYS MANAGEMENT ASSOCIATION NPC<br />
Registration No: 2006/014091/08<br />
Financial Statements for the year ended 31 December 2011<br />
__________________________________________________________________________________________<br />
STATEMENT OF CASH FLOW<br />
Figures in Rand<br />
Cash flow from operating activities<br />
Note(s) 2011 2010<br />
Cash receipts from members 14 <strong>15</strong>5 777 10 045 740<br />
Cash paid to suppliers (12 618 110) (9 528 837)<br />
Cash generated from operations 6 1 537 667 516 903<br />
Interest income 125 171 78 531<br />
Finance costs (9 085) (8 419)<br />
Tax paid 7 (38 080) (2 380)<br />
Net cash from operating activities 1 6<strong>15</strong> 673 584 635<br />
Total cash movement for the year 1 6<strong>15</strong> 673 584 635<br />
Cash at the beginning of the year 1 601 197 1 016 562<br />
Total cash at end of the year 3 3 216 870 1 601 197<br />
<strong>15</strong>