ADAVB 2018/2019 Annual Report

3 0 | A D A V B A N N U A L R E P O R T 2 0 1 8 / 1 9 STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2019 The accompanying notes form part of these financial statements. Consolidated Note 2019 2018 $ $ CASH FLOW FROM OPERATING ACTIVITIES Receipts from members and customers 4,564,523 4,340,464 Payments to suppliers and employees (4,764,235) (4,234,088) Finance income 340,069 206,381 Income tax paid - - Net cash provided by/ (used in) operating activities 17(b) 140,357 312,757 CASH FLOW FROM INVESTING ACTIVITIES Proceeds from sale of investments 372,679 98,107 Purchase of investments (630,699) (166,863) Proceeds from sale of plant and equipment - 2,826 Purchase of plant and equipment (151,202) (21,800) Net cash used in investing activities (409,222) (87,730) Net increase/(decrease) in cash and cash equivalents (268,865) 225,028 Cash and cash equivalents at beginning of financial year 3,869,137 3,644,109 Cash and cash equivalents at end of financial year 7 & 17(a) 3,600,272 3,869,137