|
2004–2005 $ |
2003–2004 $ |
| Reconciliation of cash per Statement of Financial Position to Statement of Cash Flows |
|
|
| Cash at year end per Statement of Cash Flows |
1,216,697 |
5,710,818 |
| Statement of Financial Position items comprising above cash: |
|
|
| ‘Financial Asset – Cash’ (Note 6A) |
1,216,697 |
5,710,818 |
|
|
|
| Reconciliation of net surplus to net cash from operating activities: |
|
|
| Net surplus (deficit) |
838,890 |
806,439 |
| Depreciation/amortisation |
261,865 |
180,638 |
| Net write down of non-financial assets |
33,714 |
81,619 |
| Gain on disposal of assets |
(1,298) |
- |
| (Increase)/decrease in net receivables |
(83,325) |
(8,742) |
| (Increase)/decrease in prepayments |
632,601 |
697,287 |
| Increase/(decrease) in employee provisions |
(224,602) |
23,095 |
| Increase/(decrease) in supplier payables |
(312,239) |
25,350 |
| Net cash from/(used by) operating activities |
1,145,606 |
1,805,686 |