2007 Annual Report - Manitoba Pork Council
2007 Annual Report - Manitoba Pork Council
2007 Annual Report - Manitoba Pork Council
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statement of cash flowsYear ended December 31Statement of Cash Flows<strong>Manitoba</strong> <strong>Pork</strong> <strong>Council</strong> <strong>2007</strong> <strong>Annual</strong> <strong>Report</strong>22<strong>2007</strong> 2006$ $OPERATING ACTIVITIESExcess (shortfall) of revenue over expenses for the year (369,622) 47,044Add items not involving cashAmortization 140,941 100,798Share of shortfall of revenue over expenses of<strong>Manitoba</strong> Hog Grading Inc. 4,479 4,906Unrealized change in fair value of short-term investments 131,009 —(93,193) 152,748Net change in non-cash working capitalbalances related to operations (285,235) 481,168Cash provided by (used in) operating activities (378,428) 633,916INVESTING ACTIVITIESPurchase of short-term investments (267,483) (102,340)Capital asset additions (128,393) (32,943)Cash used in investing activities (395,876) (135,283)Net increase (decrease) in cash during the year (774,304) 498,633Cash, beginning of year 999,850 501,217Cash, end of year 225,546 999,850See accompanying notes
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