Page 76 - BWA Annual Report 2020 W

WESTERN AUSTRALIAN BASKETBALL FEDERATION INC.
STATEMENT OF CASH FLOWS
For the Year Ended 31 December 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers
Payments to suppliers and employees Interest received
NET CASH INFLOW/(OUTFLOW) FROM OPERATING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of fixed assets
Proceeds from disposal of fixed assets Loan repayments received/(made)
6,078,882 - 4,621,407 22,045
1,479,520
- 40,033 166
-
5,147,993 - 4,647,890 25,662
525,765
31,739 14,001 35,300
17,562
9,855
9,855
533,472 1,277,908
1,811,380
Note
12(a)
2020 2019 $$
NET CASH GENERATED/(USED) IN INVESTING
ACTIVITIES - 39,867
-
CASH FLOWS FROM FINANCING ACTIVITIES
Principal repayment of lease liability
NET CASH OUTFLOW FROM FINANCING ACTIVITIES
NET (DECREASE)/INCREASE IN CASH HELD CASH AT BEGINNING OF THE FINANCIAL YEAR CASH AT THE END OF THE FINANCIAL YEAR
- 7,306 -
- 7,306
1,432,347 1,811,380
3,243,727
-
-
12(b)
The accompanying notes form part of these financial statements.
69 | BWA ANNUAL REPORT 2020