SURF LIFE SAVING AUSTRALIA ANNUAL REPORT 2007–08

CASH FLOW STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2008
Cash fl ows from operating activities
Note Consolidated Parent Entity
Infl ows
(Outfl ows)
2008
$
Infl ows
(Outfl ows)
2007
$
Infl ows
(Outfl ows)
2008
$
Infl ows
(Outfl ows)
2007
$
Receipts from sponsors, donors & customers 26,226,569 27,980,611 16,771,834 16,835,052
Payments to suppliers and employees (26,285,414) (25,890,845) (17,838,871) (17,568,930)
Interest received 447,837 451,592 285,975 273,322
Interest and other fi nance costs paid (30,569) (53,070) – –
Net cash (used)/generated from operating activities 22(b) 358,423 2,488,288 (781,062) (460,556)
Cash fl ows from investing activities
Payments for investments (3,000,000) (4,610,000) – (4,680,000)
Proceeds from investments 1,050,000 – 1,120,000 –
Payments for buildings (255,421) – – –
Payments for aircraft and equipment (540,783) (4,030,127) – –
Payments for other plant and equipment (415,090) (632,926) (110,989) (413,489)
Proceeds from sale of buildings 42,000 – – –
Proceeds from sale of aircraft and equipment 3,600,000 – – –
Proceeds from sale of property, plant & equipment 171,204 269,254 53,863 142,454
Net cash (used)/generated from investing activities 651,910 (9,003,799) 1,062,874 (4,951,035)
Cash fl ows from fi nancing activities
Proceeds from borrowings – 481,634 – –
Repayment of borrowings (990,341) (214,154) – –
Net cash (used)/generated from fi nancing activities (990,341) 267,480 – –
Net increase/(decrease) in cash held 19,992 (6,248,031) 281,812 (5,411,591)
Cash at the beginning of the fi nancial year 7,338,291 13,586,322 4,546,135 9,957,726
Cash at the end of the fi nancial year 22(a) 7,358,283 7,338,291 4,827,947 4,546,135
The above Cash Flow Statements are to be read in conjunction with the attached notes.
SURF LIFE SAVING AUSTRALIA LIMITED AND ITS CONTROLLED ENTITIES—ACN 003 147 180
SECTION 03—FINANCIAL STATEMENTS
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