Translated from Hebrew
Aleh – Moriah (R.A.)
Statement of Cash Flow for the year ending December 31, 2017
For the year ended
Cash flow from operations
Surplus (deficit) from statement of operations
Adjustments needed to display the cash provided by
(used in) operations (see appendix)
Dec. 31, 2017 Dec. 31, 2016
NIS NIS
( 1,226,981 ) ( 580,699 )
4,361,352 1,991,776
3,134,371 1,536,077
Cash flow from investments
Earmarked receipts
From sale of fixed assets
Investment in fixed assets 536,616
15,000
( 4,738,453 ) 4,975,358
125,000
( 6,708,408 )
Total net cash produced by (used for) investments ( 4,186,837 ) ( 1,608,050 )
Cash flow from financing activities
Receipt (payments) of long-term loan, net 1,293,827 ( 171,207 )
Net cash produced by (used for) financing activities 1,293,827 ( 171,207 )
Increase (decrease) in cash during the year
Cash and cash equivalents at the beginning of the year 241,361
1,666,678 ( 243,180 )
1,909,858
Cash and cash equivalents at the end of the year 1,908,039 1,666,678
Net cash produced by (used for) current operations
Appendix: Adjustments Needed to Display the Cash Flows from Operations
Income and expenditure not involving cash flows
Depreciation of fixed assets
Increase (decrease) in liability for termination of
employee-employer relations
Loss (profit) from sale of fixed assets
2,446,755
32,302 2,233,972
9,912
( 15,000 ) ( 125,000 )
Changes in asset and liability items
Decrease (increase) in accounts receivable
Decrease (increase) in accounts receivable
Increase (decrease) in vendors and checks payable
Increase (decrease) in employees and institutions
Increase (decrease) in creditors and credit balances ( 89,126 )
202,719
366,916
257,881
1,158,905 1,768
( 33,802 )
( 29,781 )
187,066
( 252,359 )
Total 4,361,352 1,991,776
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