Annual Report 2006-2007 – Statement of Cash Flow
for the year ended March 31
| 2007 ($) | 2006 ($) | ||
| OPERATING ACTIVITIES | |||
| Net cost of operations | 4,775,125 | 6,040,871 | |
| Non-cash items included in cost of operations: | |||
| Less: Amortization of tangible capital assets | (107,580) | (87,782) | |
| Services provided without charge | (413,484) | (412,950) | |
| Statement of Financial Position adjustments: | |||
| Increase in receivables | 89,073 | 16,710 | |
| Increase in publication inventory for resale | 4,282 | 6,401 | |
| Increase (decrease) in prepaid expenses | 35,977 | (24,939) | |
| Increase in accounts payable and accrued liabilities | (53,153) | (229,798) | |
| Increase in employee future benefits | (5,956) | (31,571) | |
| Cash used by operating activities | 4,324,283 | 5,276,942 | |
| CAPITAL INVESTMENT ACTIVITIES | |||
| Acquisition of tangible capital assets | 104,301 | 40,624 | |
| Cash used by capital investment activities | 104,301 | 40,624 |
|
| NET CASH PROVIDED BY GOVERNMENT OF CANADA | 4,428,584 | 5,317,566 |
The accompanying notes form an integral part of these financial statements.
© 2013