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PEACE ARCH COMMUNITY SERVICES FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEARS ENDED MARCH 31, 2015 AND 2014
2015
2014
CASH AND CASH EQUIVALENTS WAS PROVIDED FROM (USED IN):
Operating Activities:
Excess of revenues over expenses
$ 606,478 $ 51,535
Item not affecting cash -
Unrealized gain on investments
(35,286)
(60,961)
571,192
(9,426)
Changes in non-cash working capital:
Increase in accounts receivable
(591,404)
(3,163)
Decrease (increase) in GST recoverable
(94)
1,780
Decrease in accounts payable and accrued liabilities
(280,814)
(324,677)
Increase in unearned revenue
25,863
-
Net changes
(846,449)
(326,060)
(275,257)
(335,486)
Investing Activity:
Interest reinvested
(1,054)
(943)
Decrease in cash and cash equivalents
(276,311)
(336,429)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR
303,051
639,480
CASH AND CASH EQUIVALENTS, END OF YEAR
$ 26,740 $ 303,051
The accompanying Notes are an integral part of this statement.