SPA Annual report 2018 FINAL. pdf

Statement of changes in equity For the year ended 31 December 2018

Notes

Retained earnings

Total equity

$

$

Balance at 1 January 2017

2,511,596

2,511,596

Surplus for the year

258,867

258,867

Other comprehensive income

-

-

Total comprehensive income for the year

258,867

258,867

Balance at 31 December 2017

2,770,463 2,770,463

2,770,463 2,770,463

Balance at 1 January 2018

Surplus for the year

551,334

551,334

Other comprehensive income

-

-

Total comprehensive income for the year

551,334

551,534

3,321,797

3,321,797

Balance at 31 December 2018

This statement should be read in conjunction with the notes to the financial statements.

Statement of cash flows For the year ended 31 December 2018

Notes

2018

2017

$

$

Operating services Receipts from member services

6,044,762 (5,955,504)

6,097,715 (5,066,117)

Payments to members, suppliers and employees

Income tax paid Interest received

(34,812) 137,460 191,906

(21,839) 107,041

Net cash provided by operating activities

1,116,800

17

Investing activities Proceeds from redemption of/(payment for) financial assets

(963,118) (32,561)

(384,036) (39,777)

Purchase of property, plant and equipment

Proceeds from disposals of property, plant and equipment Net cash provided by/(used in) investing activities

(995,679) (803,773) 1,739,937

(423,813) 692,987 1,046,950 1,739,937

Net change in cash and cash equivalents Cash and cash equivalents, beginning of year Cash and cash equivalents, end of year

936,164

7

This statement should be read in conjunction with the notes to the financial statements.

18 2018 ANNUAL REPORT Speech Pathology Australia