FINANCIALS 2018
Statement of Cash Flows
for the Financial Year Ended 31 December 2018
Note
2018 2017
$ $
112,962,567 116,156,239
27,031,567 22,723,604
(113,077,917) (110,916,367)
(25,622,183) (20,886,206)
1,294,034 7,077,270
(5,436,733) (4,289,836)
Receipts from government capital grants 962,215 62,957
Interest received 856,886 961,081
Finance cost (23,110) (24,540)
Receipts/(payments) for investments (term deposits) 22,000,000 (7,000,000)
Net cash generated/(utilised in) by investing activities 18,359,258 (10,290,338)
Payment for finance leases (243,486) (301,633)
Net cash utilised by financing activities (243,486) (301,633)
Net increase/(decrease) in cash and cash equivalents 19,409,806 (3,514,701)
Cash and cash equivalents at the beginning of the financial year 35,256,075 38,770,776
54,665,881 35,256,075
Cash flows from operating activities
Receipts from customers, government bodies and centres
Receipts from government brokered programs
Payments to suppliers and employees
Allocations to recipients of brokered programs
Net cash generated by operating activities
21(a)
Cash flows from investing activities
Payment for property, plant and equipment
Cash flows from financing activities
Cash and cash equivalents at the end of the financial year
21(b)
The Statement of Cash Flows is to be read in conjunction with the attached notes.
11
KU
20
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