Dairy: Food for Life Annual Report 2009 - The National Dairy Council
Dairy: Food for Life Annual Report 2009 - The National Dairy Council
Dairy: Food for Life Annual Report 2009 - The National Dairy Council
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Reconciliation of operating deficit to<br />
net cash outflow from operating activities<br />
<strong>2009</strong> 2008<br />
Notes € €<br />
Operating deficit (941,680) (347,099)<br />
Add back depreciation 33,002 36,309<br />
Increase in other debtors (65,232) (158,609)<br />
Increase/(decrease) in creditors 241,797 (127,847)<br />
Net cash outflow from operating activities (732,113) (597,246)<br />
Taxation<br />
Taxation paid (19,085) (45,943)<br />
Financing activities<br />
<strong>The</strong> <strong>National</strong> <strong>Dairy</strong> <strong>Council</strong><br />
Cashflow statement<br />
For the year ended 31 December, <strong>2009</strong><br />
Payments to acquire fixed assets (1,460) (41,535)<br />
Decrease in cash position <strong>for</strong> the year 10 (752,658) (684,724)<br />
<strong>National</strong> <strong>Dairy</strong> <strong>Council</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2009</strong><br />
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