BUSHkids Annual Report 2019-20

TOPIC SECTION 64 ANNUAL REPORT 2019–2020 STATEMENT OF CHANGES IN EQUITY • STATEMENT OF CASH FLOWS FINAN IALS ROYAL QUEENSLAND BUSH CHILDREN'S HEALTH SCHEME ABN 43 824 927 762 STATEMENT OF CHANGES IN EQUITY For the year ended 30 June 2020 Note Retained surplus Reserves Total equity $ $ $ Balance at 1 July 2018 15,971,071 1,546,427 17,517,498 Surplus for the year 843,972 0 843,972 Other comprehensive income 0 244,341 244,341 Total comprehensive income for the year 843,972 244,341 1,088,313 Balance at 30 June 2019 16,815,043 1,790,768 18,605,811 Balance at 1 July 2019 16,815,043 1,790,768 18,605,811 Retrospective application of accounting standards 54,726 0 54,726 Surplus for the year 318,529 0 318,529 Other comprehensive income 0 (1,352,681) (1,352,681) Total comprehensive income for the year 318,529 (1,352,681) (1,034,152) Balance at 30 June 2020 17,188,298 438,087 17,626,385 The above statement of changes in equity should be read in conjunction with the accompanying notes. ROYAL QUEENSLAND BUSH CHILDREN'S HEALTH SCHEME ABN 43 824 927 762 STATEMENT OF CASH FLOWS For the year ended 30 June 2020 Note 2020 2019 $ $ Cash flows from operating activities Receipts from grants, donations and rent (inclusive of GST) 10,063,180 10,514,106 Payments to suppliers and employees (inclusive of GST) (10,874,343) (10,528,712) (811,163) (14,606) Dividends received 720,474 919,369 Interest received 130,728 101,239 NET CASH USED IN OPERATING ACTIVITIES 16 40,039 1,006,002 Cash Flows from investing activities Payments for property, plant and equipment (901,446) (43,379) Payments for financial assets (950,885) 26,124 NET CASH USED IN INVESTING ACTIVITIES (1,852,331) (17,255) Net increase/(decrease) in cash held (1,812,292) 988,747 Cash at beginning of financial year 5 5,639,820 4,651,073 Cash at end of financial year 5 3,827,528 5,639,820 The above Statement of Cash Flows is to be read in conjunction with the attached Notes.

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