STATEMENT OF CASH FLOWS
DECEMBER 31, 2018
2018 ACTUAL 2017 ACTUAL
$11,852,708 ($873,846)
Amortization of tangible capital assets 6,986,533 6,756,404
(Gain) loss on disposal of tangible capital assets (157,415) 45,755
Net cash inflow (outflow) related to following:
OPERATING ACTIVITIES
Annual surplus
Non-cash items included in annual surplus:
Net change in non-cash operating working capital balances:
Decrease (increase) in taxes and grants in place
Decrease (increase) in trade and other receivables
(55,329) 19,805
(1,044,829) (110,206)
Decrease (increase) in long-term receivables 160,963 214,070
Decrease (increase) in debt changes recoverable 234,778 (2,434,783)
(3,697) (8,063)
Decrease (increase) in prepaid expenses
Decrease (increase) in inventory for consumption (450,469) 181,729
Increase (decrease) in accounts payable and accrued liabilities 1,720,041 (332,700)
Increase (decrease) in deposit liabilities
(12,987) 16,535
(13,958,425) (2,455,270)
(71,501) 31,087
Increase (decrease) in reclamation liabilities – (73,400)
Increase in environmental liabilities – 338,210
5,200,371 1,265,327
(20,818,429) (6,769,692)
157,415 122,059
(20,661,014) (6,647,633)
Long-term debt issued – 2,600,000
Long-term debt repaid (497,178) (397,782)
Cash provided by (applied to) financing transactions (497,178) 2,202,219
Decrease (increase) in investments 5,225,170 19,489,933
Cash provided by (applied to) investing transactions 5,225,170 19,489,933
(10,732,651) 16,309,846
21,305,963 4,996,117
$10,573,312 $21,305,963
Increase (decrease) in deferred revenue
Increase (decrease) in employee benefit obligations
Cash provided by operating transactions:
CAPITAL ACTIVITIES
Purchase of tangible capital assets
Proceeds on disposal of tangible capital assets
Cash applied to capital transactions
FINANCING ACTIVITIES
INVESTING ACTIVITIES
CHANGE IN CASH DURING THE YEAR
CASH AT BEGINNING OF YEAR
CASH AT END OF YEAR
25