CASHFLOW FROM OPERATING ACTIVITIES |
|
|
2007 |
2008 |
2009 |
|
|
|
|
|
(Loss) Profit before Tax |
|
(80,153) |
(443,373)
|
725,791
|
|
|
|
|
|
Adjustment for : |
|
|
|
|
Depreciation |
|
27,474 |
26,034
|
24,499
|
Gain on Disposal of Fixed Assets |
|
|
|
6 |
Interest and Dividend Income |
|
(1,051,467) |
(774,885)
|
(435,592)
|
|
|
|
|
|
Operating Cash Flow Before Working Capital Change |
|
(1,104,146) |
(1,192,224)
|
314,704
|
|
|
|
|
|
Change in Operating Assets and Liabilities: |
|
|
|
|
Trade Receivables |
|
4,841 |
(59,704)
|
49,240
|
Funds held in trust by NAC |
|
(500,000) |
- |
(168,582)
|
Other Current Assets |
|
(48,700) |
7,279
|
(140,107)
|
Payables |
|
77,329 |
(12,713)
|
94,614
|
|
|
|
|
|
NET CASH OUTFLOW FROM OPERATING ACTIVITIES |
|
(1,570,676)
|
(1,257,362)
|
149,869
|
|
|
|
|
|
Cash Flows from Investing Activities |
|
|
|
|
Payment for Purchase of plant and equipment |
|
(33,391) |
(17,375)
|
(10,075)
|
Proceeds from Disposal of Fixed Assets |
|
|
|
|
Interest Income and Dividend Received |
|
1,051,467 |
822,271
|
365,486
|
|
|
|
|
|
Net Cash Inflows from Investing Activities |
|
1,018,076 |
804,896
|
355,411
|
|
|
|
|
|
Net (decrease)/Increase in Cash and bank balances |
|
(552,600) |
(452,466)
|
505,280
|
Cash and Fixed Deposits at the Beginning of the Financial Year |
|
1,867,584 |
314,984
|
862,518
|
|
|
|
|
|
Cash and Fixed Deposits at the End of the Financial Year |
|
1,314,984 |
862,518
|
1,367,798
|
|
|
|
|
|
|
