CDHO Annual Report 2009 - College Of Dental Hygienists of Ontario
CDHO Annual Report 2009 - College Of Dental Hygienists of Ontario
CDHO Annual Report 2009 - College Of Dental Hygienists of Ontario
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
COLLEGE OF DENTAL HYGIENISTS OF ONTARIO<br />
STATEMENT OF CASH FLOWS<br />
Year ended December 31 <strong>2009</strong> 2008<br />
SOURCES (USES) OF CASH<br />
Operating activities<br />
Excess <strong>of</strong> revenues over expenses $ 386,822 $ 625,222<br />
Items not involving cash<br />
Unrealized (gain) loss on bonds classified as held-for-trading 34,516 (131,053)<br />
Amortization - equipment and leaseholds 63,327 20,338<br />
484,665 514,507<br />
Changes in non-cash working capital items<br />
Accounts receivable (56,671) (72,791)<br />
Prepaid expenses 83,236 (30,408)<br />
Accounts payable and accrued liabilities 56,742 2,503<br />
Registration fees received in advance 220,900 344,175<br />
Labour mobility funding (40,473) 40,473<br />
Cash provided by operating activities 748,399 798,459<br />
Investing activities<br />
Short-term investments matured 3,697,181 3,300,985<br />
Purchase <strong>of</strong> short-term investments (4,139,732) -<br />
Purchase <strong>of</strong> long-term investments - (2,413,948)<br />
Acquisition <strong>of</strong> equipment and leaseholds (401,827) (8,230)<br />
Cash provided by (used in) investing activities (844,378) 878,807<br />
Net increase (decrease) in cash (95,979) 1,677,266<br />
Cash, beginning <strong>of</strong> year 1,905,151 227,885<br />
Cash, end <strong>of</strong> year $ 1,809,172 $ 1,905,151<br />
Other cash flow information:<br />
Long-term investments transferred to short-term $ 3,612,615 $ 3,697,180<br />
The accompanying notes are an integral part <strong>of</strong> the financial statements<br />
32 <strong>CDHO</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2009</strong><br />
5