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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>

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