Notes to and forming part of the Financial Statements
Note 11: Cash Flow Reconciliation
| Reconciliation of cash per Income Statement to Statement of Cash Flows | ||
| Cash at year end per Statement of Cash Flows | 3,501,685 | 1,216,697 |
| Balance sheet items comprising above cash: 'Financial Asset - Cash' |
3,501,685 | 1,216,697 |
| Reconciliation of operating result to net cash from operating activities | ||
| Operating Result | 2,223,170 | 838,890 |
| Depreciation / amortisation | 279,704 | 261,865 |
| Net write down of non-financial assets | 0 | 33,714 |
| Loss / (gain) on disposal of assets | 197 | (1,298) |
| Changes in assets and liabilities: | ||
| Decrease / (increase) in net receivables | 121,033 | (83,325) |
| Decrease / (increase) in other non-financial assets | (6,608) | 632,601 |
| (Decrease) / increase in employee provisions | (185,143) | (224,602) |
| (Decrease) / increase in other provisions | 3,215 | 0 |
| (Decrease) / increase in supplier payables | 5,262 | (312,239) |
| (Decrease)/ increase in other payables | (764) | 0 |
| Net cash from / (used by) operating activities | 2,440,066 | 1,145,606 |