SCIENCE FOUNDATION IRELAND ANNUAL REPORT 2015
53
Statement of Cash Flows
For the year ended 31 December 2015
2015
2014
Notes
€ ’000
€ ’000
restated
Net Cash Flows from Operating Activities
Excess Expenditure over Income
Depreciation of Fixed Assets
(Increase)/Decrease in Receivables
Increase /(Decrease) in Payables
(81)
(26)
115
247
(270)
(69)
54 108
6
10
11
Net Cash (Outflow)/Inflow from Operating Activities
(182)
260
Cash Flows from Investing Activities
8 (237) (96)
Net Cash Flows from Investing Activities (237) (96)
Payments to acquire Property, Plant and Equipment
Cash Flows from Financing Activities
Net Increase/(Decrease) in Cash and Cash Equivalents
0 0
(419)
164
Cash and Cash Equivalents at 1 January 2015 752 588
Cash and Cash Equivalents at 31 December 2015 333
752