L’'ASSOCIATION DES FRANCOPHONES DE NANAIMO
STATEMENT OF CASH FLOWS

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YEAR ENDED MARCH 31 2016 2015

CASH FLOWS FROM OPERATING ACTIVITIES
Cash receipts from:

Ministry of Canadian Heritage $ 96,200 $ 85,000
Goods sold, fees and miscellaneous 69,290 63,278
Direct access grant 40,000 35,000
City of Nanaimo 19,400 11,860
Canada Youth at Work 3,437 2,534
Membership fees 2,/35 1,230
Interest 1,521 341
Cash paid for:
Salaries and benefits (57,971) (50,453)
Material and services (173,088) (160,259)
1,524 (11,469)
CASH FLOWS FROM INVESTING ACTIVITIES
Short-term investments (1,517) 204
CHANGE IN CASH AND EQUIVALENTS DURING THE YEAR 7 (11,673)
CASH AND EQUIVALENTS AT BEGINNING OF YEAR (24,634) (12,961)
CASH AND EQUIVALENTS AT END OF YEAR $ (24,627) $ (24,634)

Cash and equivalents included in the cash flow statement comprise the following statement of
financial position accounts:

Cash $ 1,354 $ 1,941
Bank indebtedness (25,981) (26,575)

$ (24.627) $ (24,634)

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