L'ASSOCIATION DES FRANCOPHONES DE NANAIMO

STATEMENT OF CASH FLOW

FOR THE YEAR ENDED MARCH 31, 2003

2003 2002
OPERATING ACTIVITIES
Receipts from government $ 137,834 $ 171,102
Other operating receipts 124,780 85,007
Payments for operating costs (259.018) (247,068)
3,596 9,041
INVESTING ACTIVITIES
Acquisition of investments (664) (907)
Capital grants received 4,500 -
Purchase of capital assets (8.400) (12.495)
(4,564) (13.402)
CASH OUTFLOW (968) (4,361)
CASH POSITION AT BEGINNING OF YEAR 27,654 . 32,015
CASH POSITION AT END OF YEAR $ 26,686 $ 27,654
REPRESENTED BY
Cash $ (17,045) $ (33,607)
Short-term investments 43.731 61,261
$__26686  §_27.654
See notes to financial statements
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