Fitzroy Learning Network Annual Report - Page 6

Fitzroy Learning Network Inc. Annual Financial Report For the year ended 30 June 2016 Statement of Cash Flows For the Year Ended 30 June 2016 Note 2016 $ 2015 $ Receipts from Government Grants & Subsidies Receipts from Other Operating Activities Payments to Suppliers & Employees 446,591 148,035 (871,595) 343,638 439,555 (795,356) Net cash from/(used in) operations (276,969) (12,163) Cash flows from operating activities Interest received Net cash from/(used in) operating activities 2,125 4,591 13(b) (274,844) (7,572) 7 (13,560) (5,431) (13,560) (5,431) (288,404) (13,003) 387,100 400,103 98,696 387,100 Cash flows from investing activities Acquisition of equipment Net cash from/(used in) investing activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at 1 July 2015 Cash and cash equivalents at 30 June 2016 13(a) The notes on pages 5 to 12 are to be read in conjuction with these financial statements. 4