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.
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