Aktive Annual Report 2015/16
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<strong>Aktive</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2015</strong>/20<strong>16</strong> 35<br />
STATEMENT OF CASH FLOWS<br />
For the year ended 30 June 20<strong>16</strong><br />
NOTES 20<strong>16</strong><br />
CASH FLOWS FROM OPERATING ACTIVITIES<br />
Receipts from Sport New Zealand 9,921,953<br />
Receipts from other grants 2,715,500<br />
Receipts from other exchange transactions 205,495<br />
Interest received 88,414<br />
GST (158,790)<br />
Payments to suppliers and employees (2,905,035)<br />
Grants paid (8,484,814)<br />
Cash flows from other operating activities (93,741)<br />
Interest paid (1,587)<br />
Total Cash Flows from Operating Activities 1,287,393<br />
CASH FLOWS FROM INVESTING ACTIVITIES<br />
Payments to acquire property, plant and equipment (21,927)<br />
Payments to purchase investments (617,532)<br />
Total Cash Flows from Investing Activities (639,458)<br />
CASH FLOWS FROM FINANCING ACTIVITIES<br />
Repayment of borrowings (106,239)<br />
Total Cash Flows from Financing Activities (106,239)<br />
NET INCREASE / (DECREASE) IN CASH 541,695<br />
CASH BALANCES<br />
Cash and cash equivalents at beginning of period 2,605,488<br />
Cash and cash equivalents at end of period 5 3,147,183<br />
Net change in cash for period 541,695<br />
These financial statements should be read in conjunction with the following ‘Statement of Accounting Policies’ and ‘Notes to the Financial Statements’.
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