PDF version can be found here - Edmonton Opera
PDF version can be found here - Edmonton Opera
PDF version can be found here - Edmonton Opera
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<strong>Edmonton</strong> <strong>Opera</strong> Association<br />
Statement of Cash Flows<br />
For the year ended June 30, 2013<br />
2013 2012<br />
Cash provided by (used for) the following activities<br />
<strong>Opera</strong>ting<br />
Cash received from patrons, donors, and grantors 6,133,370 4,368,066<br />
Cash paid to suppliers and employees (4,961,921) (4,379,659)<br />
Interest received 17 3,265<br />
1,171,466 (8,328)<br />
Financing<br />
Advances on line of credit 2,600,000 1,185,000<br />
Repayments on line of credit (2,615,000) (1,110,000)<br />
Advance of note payable 450,000 -<br />
Repayment of note payable (450,000) -<br />
(15,000) 75,000<br />
Investing<br />
Purchase of short term investments (21,132) -<br />
Purchase of capital assets (792,157) (660,955)<br />
Proceeds on sale of capital assets 40,416 -<br />
(772,873) (660,955)<br />
Increase (decrease) in cash resources 383,593 (594,283)<br />
Cash resources (deficiency), <strong>be</strong>ginning of year (95,150) 499,133<br />
Cash resources, end of year 288,443 (95,150)<br />
Cash resources (deficiency) are composed of:<br />
Restricted cash total 333,993 -<br />
Bank indebtedness (45,550) (95,150)<br />
288,443 (95,150)<br />
The accompanying notes are an integral part of these financial statements<br />
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