OUTDOOR POWER EQUIPMENT INSTITUTE OF CANADA Statement of Cash Flows For the year ended 31 December 2024
2024
2023
Cash provided by (used in): Operating activities (Deficiency) excess of revenues over expenses for the year
$ (90,916) $
5,323
Item not involving cash
7,174
Amortization of intangible asset
7,174 12,497
(83,742)
Changes in non-cash working capital balances Accounts receivable
18,953
(24,187) (500) (8,838) 19,486
(69)
Prepaid expenses
7,936 (3,905)
Accounts payable and accrued liabilities
GST payable
(60,827)
(1,542)
Investing activities
(34,930) (11,483) (46,413)
Transfer to reserve Purchase of term deposits
(21,754) (7,151) (28,905)
Net decrease in cash
(107,240)
(30,447)
Cash - beginning of year
1,879,827
1,910,274
Cash - end of year
$ 1,772,587 $ 1,879,827
The accompanying notes are an integral part of these financial statements
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