Digital AGM And Annual Reports Booklet

CASH FLOW STATEMENT

Altura Credit Union Limited CASH FLOW STATEMENT for the year ended 30 September 2024

2024 €

2023 €

Opening cash and cash equivalents

35,300,289

30,487,157

Cash flows from operating activities Loans repaid by members Loans granted to members Loan interest income received Interest paid on members’ deposits Investment income

27,875,999 (34,971,041) 5,151,266 - 1,498,945 240,173 318,938 - - - (5,162,750) 439,609 20,604 (18,096) ─────── (4,606,353 ) ───────

30,240,434 (39,438,151) 5,530,002 (605) 2,196,462 257,781 320,055 186,774 (139,152) (71,544) (5,498,108) 1,029,908 (13,440) (18,992) ───────

Other income received Bad debts recovered Impairment of loan interest re- classified as bad debt recoveries Dividends paid Loan interest rebate paid Operating expenses Net Member current accounts lodgements / (withdrawals)

Movement in other assets Movement in other liabilities

Net cash from operating activities

(5,418,576) ───────

Cash flows from investing activities Sale of tangible fixed assets Purchase of tangible fixed assets Investment in associate companies Net cash flow from other investing activities

488,163 (653,780) - 5,935,677 ─────── 5,770,060 ───────

- (636,525) (71,250) 2,746,930 ─────── 2,039,155 ───────

Net cash from investing activities

Cash flows from financing activities Members’ shares received Members’ deposits received Members’ shares withdrawn Members’ deposits withdrawn

98,121,060 54,466 (94,348,301) (177,800) ─────── 3,649,425 ───────

102,821,925 52,457 (95,621,145) (81,999) ─────── 7,171,238 ───────

Net cash generated from financing activities

3,791,817 ─────── 39,092,106 ═══════

4,813,132 ─────── 35,300,289 ═══════

Net (decrease)/increase in cash and cash equivalents Cash and cash equivalents at end of financial year

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