THE BELL SHAKESPEARE COMPANY LIMITED ABN: 87 050 055 251 STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2010
Note 2010 2009 $ $ CASH FLOW FROM OPERATING ACTIVITIES Receipt of grants
2,514,741
2,619,931
Other receipts
28,737
55,207
Payments to suppliers and employees
(9,733,107)
(8,694,450)
Interest received
74,581
56,043
Dividends received
–
–
Receipts from sales
5,805,174
3,474,828
Receipts from fundraising
2,688,520
2,666,937
Investment income received
97,862
65,319
Net GST received
(44,872)
66,275
Net cash generated from operating activities
1,431,636
310,090
CASH FLOW FROM INVESTING ACTIVITIES Proceeds from sale of property, plant and equipment
–
–
Receipts from other financial assets
195,133
116,666
Payment for property, plant and equipment
(50,793)
(26,883)
Proceeds from sale of available-for-sale investments
–
–
Payment for available-for-sale investments
(1,107,607)
(152,734)
Payment for financial assets at fair value through profit and loss
(362,199)
(39,052)
Payment for intangible asset
(79,510)
(80,293)
Payment for held-to-maturity investments
–
–
Net cash used in investing activities
(1,404,976)
(182,296)
Net increase in cash held
26,660
127,794
Cash and cash equivalents at the beginning of the financial year
1,081,283
953,489
Cash and cash equivalents at the end of the financial year
1,107,943
1,081,283
3
The above Statement of Cash Flows should be read in conjunction with the accompanying notes.
ANNUAL REPORT 2010 43