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PEACE ARCH COMMUNITY SERVICES FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEARS ENDED MARCH 31, 2014 AND 2013
2014
2013
CASH AND CASH EQUIVALENTS WAS PROVIDED FROM (USED IN):
Operating Activities:
Excess (deficiency) of revenues over expenses
$ 51,535 $ (469,259)
Item not affecting cash -
Unrealized gain on investments
(60,961)
(19,984)
(9,426)
(489,243)
Changes in non-cash working capital:
Increase in accounts receivable
(3,163)
(7,413)
Decrease (increase) in GST recoverable
1,780
(1,830)
Increase (decrease) in accounts payable and accrued liabilities
(324,677)
400,159
Net changes
(326,060)
390,916
(335,486)
(98,327)
Investing Activities:
Interest reinvested
(943)
(1,443)
Disposal of investments
-
250,000
(943)
248,557
Increase (decrease) in cash and cash equivalents
(336,429)
150,230
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR
639,480
489,250
CASH AND CASH EQUIVALENTS, END OF YEAR
$ 303,051 $ 639,480
The accompanying Notes are an integral part of this statement.