Basic HTML Version
TOURISM CHILLIWACK INC.
Statement of Cash Flows
Year ended December 31, 2012, with comparative figures for 2011
2012
2011
Cash provided by (used in):
Operating activities:
Annual surplus
$
76,663 $
17,459
Item not involving cash:
Amortization of tangible capital assets
23,855
20,907
100,518
38,366
Change in non-cash operating assets and liabilities:
Accounts receivable
(18,981)
6,268
Inventories
335
4,854
Prepaid expenses and deposits
(9,452)
1,717
Accounts payable and accrued liabilities
24,069
(438)
Due to City of Chilliwack
125,643
-
Deferred revenue
(22,063)
(26,391)
200,069
24,376
Capital activities:
Acquisition of tangible capital assets
(30,181)
(7,394)
Investing activities:
Change in long-term investments
(3,062)
(188,172)
Increase (decrease) in cash
166,826
(171,190)
Cash, beginning of year
135,602
306,792
Cash, end of year
$ 302,428 $ 135,602
See accompanying notes to financial statements.
tourism chilliwack inc. financial statements
79
www.chilliwack.com