annual report 08-09 - Public Interest Advocacy Centre
annual report 08-09 - Public Interest Advocacy Centre
annual report 08-09 - Public Interest Advocacy Centre
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CASH FLOW FROM INVESTING ACTIVITIES<br />
Purchase of property, plant and equipment (16,774) (46,188)<br />
Net cash (used in) investing activities (16,774) (46,188)<br />
Net increase in cash held 114,658 429,432<br />
Cash at the beginning of the financial year 1,216,345 786,913<br />
Cash at the end of the financial year 6 1,331,003 1,216,345<br />
The accompanying notes form part of these financial statements.<br />
PUBLIC INTEREST ADVOCACY CENTRE LTD<br />
ABN 77 002 773 524<br />
NOTES TO THE CONCISE FINANCIAL STATEMENTS<br />
FOR THE YEAR ENDED 30 JUNE 20<strong>09</strong><br />
Note 1: Basis of Preparation of the Concise<br />
Financial Report<br />
The concise financial <strong>report</strong> is an extract of the full financial <strong>report</strong><br />
for the year ended 30 June 20<strong>09</strong>. The concise financial <strong>report</strong> has<br />
been prepared in accordance with the Accounting Standard AASB<br />
1039: Concise Financial Reports and the Corporations Act 2001.<br />
The financial statements, specific disclosures and other<br />
information included in the concise financial <strong>report</strong> are derived<br />
from, and are consistent with, the full financial <strong>report</strong> of <strong>Public</strong><br />
<strong>Interest</strong> <strong>Advocacy</strong> <strong>Centre</strong> Limited. The concise financial <strong>report</strong><br />
cannot be expected to provide as detailed an understanding of<br />
the financial performance, financial position and financing and<br />
investing activities of <strong>Public</strong> <strong>Interest</strong> <strong>Advocacy</strong> <strong>Centre</strong> Limited<br />
as the full financial <strong>report</strong>. A copy of the full financial <strong>report</strong> and<br />
auditor’s <strong>report</strong> will be sent to any member, free of charge, upon<br />
request.<br />
Note 2: Members Guarantee<br />
The company is incorporated under the Corporations Act 2001<br />
and is limited by guarantee. If the company is wound up, the<br />
constitution states that each member of the company is required<br />
to contribute a maximum of $20 each towards meeting any<br />
outstanding obligations of the company. At 30 June 20<strong>09</strong> the<br />
number of members was 32. (20<strong>08</strong> – 29 members).<br />
67<br />
PUBLIC INTEREST ADVOCACY CENTRE • ANNUAL REPORT 20<strong>08</strong>-20<strong>09</strong>