Annual Report 2007-2008 – Statement of Cash Flow
for the year ended March 31
2008 ($) | 2007 ($) | ||
OPERATING ACTIVITIES | |||
Net cost of operations | 5,604,793 | 4,775,125 | |
Non-cash items included in cost of operations: | |||
Less: Amortization of tangible capital assets | (67,062) | (107,580) | |
Services provided without charge | (417,511) | (413,484) | |
Statement of Financial Position adjustments: | |||
Increase (decrease) in receivables | (53,579) | 89,073 | |
Increase (decrease) in publication inventory for resale | (25,426) | 4,282 | |
Increase (decrease) in prepaid expenses | (16,869) | 35,977 | |
Decrease (increase) in accounts payable and accrued liabilities | 41,287 | (53,153) | |
Decrease (increase) in employee future benefits | (235,422) | (5,956) | |
Cash used by operating activities | 4,830,211 | 4,324,283 | |
CAPITAL INVESTMENT ACTIVITIES | |||
Acquisition of tangible capital assets | 22,237 | 104,301 | |
Cash used by capital investment activities | 22,237 | 104,301 | |
NET CASH PROVIDED BY GOVERNMENT OF CANADA | 4,852,448 | 4,428,584 |
The accompanying notes form an integral part of these financial statements.