Page 51 - Demo

ISHINE CLOUD LIMITED
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
Period from December 7, 2017 (date of incorporation) to March 31, 2019
Operating activities
Net operating surplus Adjustments for:
Depreciation of plant and equipment Amortisation of intangible assets Amortisation of deferred grant income
Operating cash ows before movements in working capital
Prepayments
Amount due from related party Other payables
Net cash from operating activities
Investing activities
Purchase of plant and equipment
Purchase of intangible assets
Net cash used in investing activities
Financing activity
Proceeds from Care & Share grant, representing net cash from nancing activity
Net increase in cash and cash equivalents and
cash and cash equivalents at end of the period (Note 6)
8,047
81,668 133,336 (217,553) 5,498
(30,827) (80,817) 139,958 33,812
(468,192)
(811,842) (1,280,034)
1,282,583 36,361
December 7, 2017 (date of incorporation) to March 31, 2019
$
See accompanying notes to nancial statements.
iShine Cloud | ANNUAL REPORT 2018–2019 FS9