<strong>OTAGO</strong> <strong>MUSEUM</strong> TRUST BOARD STATEMENT OF CHANGES IN EQUITY For the Financial Year Ended 30 June, 2015 Notes 2015 Budget 2014 $ $ $ Equity at Beginning of Year 27,592,355 26,625,843 27,775,528 ──────── ──────── ──────── Total Comprehensive Revenue and Expense for the Year 185,950 (938,596) (183,173) ──────── ──────── ──────── Equity at End of Year $27,778,305 $25,687,247 $27,592,355 ════════ ════════ ════════ The accompanying notes form part of these financial statements. 62
<strong>OTAGO</strong> <strong>MUSEUM</strong> TRUST BOARD STATEMENT OF CASH FLOWS For the Financial Year Ended 30 June, 2015 Notes 2015 Budget 2014 $ $ $ Cash Flows to/from Operating Activities Government, Local Authorities and the Public 6,576,683 6,749,777 6,481,938 Dividends 146,363 - 121,392 Interest Received 512,682 536,028 428,096 Payments to Employees (3,713,432) (3,526,898) (3,847,274) Payments to Suppliers (2,503,136) (3,376,241) (2,885,157) ──────── ──────── ──────── Net Cash Inflow/(Outflow) from Operating Activities 1,019,160 382,666 298,995 ──────── ──────── ──────── Cash Flows to/from Investing Activities Proceeds from Maturity and Sale of Other Financial Assets 491,790 1,000,000 572,478 Proceeds from Sale of Property, Plant and Equipment - - - Purchase of Property, Plant and Equipment (1,134,686) (3,351,791) (379,030) Purchase of Other Financial Assets (656,745) - (607,351) ──────── ──────── ──────── Net Cash Inflow/(Outflow) from Investing Activities (1,299,641) (2,351,791) (413,903) ──────── ──────── ──────── Net Increase/(Decrease) in Cash and Cash Equivalents (280,481) (1,969,125) (114,908) Cash and Cash Equivalents at the Beginning of the Financial Year 8,132,205 5,501,541 8,247,113 ──────── ──────── ──────── Cash and Cash Equivalents at the End of the Financial Year 21(a) $7,851,724 $3,532,416 $8,132,205 ════════ ════════ ════════ Cash flows from financing activities have not been separately identified in the Statement of Cash Flows as there are no transactions that are considered to be classified as financing activities. The accompanying notes form part of these financial statements. 63
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