YSA Annual Report 2018
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<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
40<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
STATEMENT OF CASH FLOWS<br />
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2018</strong><br />
<strong>2018</strong> 2017<br />
Note $ $<br />
CASH FLOWS FROM OPERATING ACTIVITIES<br />
(Deficit) for the financial year before taxation (9,491) (13)<br />
(Decrease) in trade payables - (3,570)<br />
Increase in accruals - 150<br />
Operating (deficit) before working capital changes (9,491) (3,433)<br />
Tax paid - -<br />
Net cash (used in) operating activities (9,491) (3,433)<br />
NET CHANGE IN CASH AND CASH EQUIVALENTS (9,491) (3,433)<br />
CASH AND CASH EQUIVALENTS AT BEGINNING OF THE FINANCIAL YEAR 48,976 52,409<br />
CASH AND CASH EQUIVALENTS AT END OF THE FINANCIAL YEAR 3 39,485 48,976<br />
The accompanying notes form an integral part of these financial statements