Fitzroy Learning Network Annual Report | Page 14

Statement of changes in equity for the year ended 30 June 2013 Accumulated Funds $ Balance at 1 July 2011 Total comprehensive income/(loss) for the period Balance at 30 June 2012 241,483 (67,144) 174,339 Balance at 1 July 2012 Total comprehensive income/(loss) for the period Balance at 30 June 2013 174,339 (10,870) 163,469 Statement of Cash Flows for the year ended 30 June 2013 2013 2012 Note $ $ Cash flows from operating activities Receipts from Government Grants & Subsidies 460,328 361,978 Receipts from Other Operating Activities 289,688 283,122 Payments to Suppliers and Employees (690,443) (669,790) Net cash from/(used in) operations 59,573 (24,690) Interest received 4,364 6,119 Net cash from/(used in) operating activities 14(b) 63,937 (18,571) Cash flows from investing activities Acquisition of equipment 8 Net cash from/(used in) investing activities (12,806) (12,806) Net increase/(decrease) in cash and cash equivalents 51,131 Cash and cash equivalents at 1 July 2012 318,486 Cash and cash equivalents at 30 June 2013 14(a) 369,617 (1,565) (1,565) (20,136) 338,622 318,486 Supporters PMF Foundation 12 Fitzroy Learning Network Annual Report 2012/13