Page 85 - BWA Annual Report 2019

WESTERN AUSTRALIAN
BASKETBALL FEDERATION INC.
NOTES TO THE FINANCIAL STATEMENTS FOR THE
YEAR ENDED 31 DECEMBER 2019
12. Cash Flow Information
a) Reconciliation of Profit to Net Cash Inflows from Operating Activities
NET PROFIT FROM ORDINARY ACTIVITIES Depreciation expense
Gain on disposal of assets
Provision for doubtful debt
CHANGE IN OPERATING ASSETS AND LIABILITIES Decrease in trade and other receivables Decrease in other current assets Decrease/(Increase) in inventory Increase/(Decrease) in trade and other payables Increase/(Decrease) in provisions
NET CASH INFLOW/(OUTFLOW) FROM OPERATING ACTIVITIES
b) Reconciliation of Cash
Cash and Cash Equivalents
c) The Association has no credit standby or financing facilities in place.
d) There were no non-cash financing or investing activities during the year.
2019 2018 $$
-208.836 8,290 -1,375 -4,822 -129,743
84,314 11,695 14,699
504,945 39,856
525,766
-336,257 62,063 0 7,278 -266,916
18,302
31,394 -15,361 -44,638 -30,268
-307,487
$$
1,811,380 1,277,908
BWA ANNUAL REPORT 2019 78