Statement of Changes in Equity
for the period ended 30 June 2012
Retained
Total
earnings
Equity
Balance as at 25 November 2010
-
-
Total comprehensive income for the period
Surplus/ (Deficit) for the period
856,016
856,016
Other comprehensive income
-
-
Total comprehensive income for the period
856,016
856,016
Balance at 30 June 2011
856,016
856,016
Balance as at 1 July 2011
856,016
856,016
Total comprehensive income for the period
Surplus/ (Deficit) for the period
(77,843)
(77,843)
Other comprehensive income
-
-
Total comprehensive income for the period
778,173
778,173
Balance at 30 June 2012
778,173
778,173
Statement of Cash Flows
for the period ended 30 June 2012
Note
2012
2011
Cash flows from operating activities
Cash provided from:
Government grants
910,000
1,250,000
Other funding
-
-
Interest income received
22,787
4,201
932,787
1,254,201
Cash applied to:
Payments to suppliers and employees
(1,102,276)
(291,078)
Net cash flows from operating activities
17
(169,489)
963,122
Cash flows from investing activities
Cash applied to:
Acquisition of Investments
(764,883)
-
Net cash flows from investing activities
(764,883)
-
Net increase/(decrease) in cash, cash
equivalents, and bank overdrafts
(934,372)
963,122
Cash, cash equivalents, and bank overdrafts at
the beginning of the year
963,122
-
Cash, cash equivalents, and bank overdrafts at
the end of the year
8
28,750
963,122
The accompanying notes form part of these financial statements.
Waikato River Authority Annual Report
2012
15