L'ASSOCIATION DES FRANCOPHONES DE NANAIMO
STATEMENT OF CASH FLOWS

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YEAR ENDED MARCH 31 2014 2013

CASH FLOWS FROM OPERATING ACTIVITIES
Cash receipts from:

Ministry of Canadian Heritage $ 91,029 $ 85,555
Goods sold, fees and miscellaneous 67,193 40,085
Direct access grant 35,000 25,000
City of Nanaimo 12,300 8,262
Membership fees 1,865 2,025
Interest 311 1,423
Cash paid for:
Salaries and benefits (59,205) (42,912)
Material and services (149,611) (143,160)
(1,118) (23,722)
CASH FLOWS FROM INVESTING ACTIVITIES
Short-term investments (299) (1,416)
CHANGE IN CASH AND EQUIVALENTS DURING THE YEAR (1,417) (25,138)
CASH AND EQUIVALENTS AT BEGINNING OF YEAR (11,544) 13,594
CASH AND EQUIVALENTS AT END OF YEAR $ (12,961) $ (11,544)

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

Cash $ 7,372 $ 16,313
Bank indebtedness (20,333) (27,857)

$ (12,961) $ (11,544)