OTAGO MUSEUM

OTAGO MUSEUM 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.
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