Statement of Cash Flows
for the year ended 30 June 2015
Note
CASH FLOWS RELATED TO OPERATING ACTIVITIES
Deficit for the year
2015
US$
Restated
2014
US$
(473 576) (37 569)
Adjusted for:
Depreciation
6
56 676
103 818
Finance Cost
4
62 689
61 285
Finance Income
4
(1 458)
(7 178)
Stock Adjustment
-
(9 643)
Fixed Asset impairment
6
13 518
514
(Gain) / Loss on disposal on property and equipment
(10 900) 856
Cash flow into operating activities before working
(353 051) 112 083
working capital changes
Movements in working capital:
Decrease / (increase) in Inventory
13 586 (9 643)
Decrease / (increase) in Other Receivables
109 335 (102 347)
Increase / (Decrease ) in Other Payables
245 075 (23 871)
14 945
( 23 778)
Finance Income
4
1 458
7 178
Finance Cost
4
(62 689)
(61 285)
Net cash outflow from operating activities
(46 286)
(77 885)
CASH FLOWS RELATING TO INVESTING ACTIVITIES
Proceeds from sale of fixed assets
10 900 3 200
Purchase of fixed assets
(88 032) (91 417)
Net cash outflow from investing activities
(77 132) (88 217)
CASH FLOWS RELATING TO FINANCING ACTIVITIES
Decrease in long term loan
Net cash outflow from financing activities
(13 606)
(13 606) (15 528)
Net decrease in cash resources during the year
Cash resources at beginning of the year
CASH AND CASH EQUIVALENTS AT
THE YEAR END
40
(15 528)
Legal Resources Foundation Annual Report 2015
(137 024)
196 202
(181 630)
377 832
59 178
196 202
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