Let the Games Begin

Cash Flow Statement

For the year ended June 30,2012

Cash flows from operating activities

cash collection sfrom customers (22,460,000 - 812,000) 21,648,000
cash payment to suppliers (16,920,000 - 36,000 +96,000) -16,980,000
cash payment for interest (506,000 -33,000) -473,000
cash payment for income tax (850,000 -272,000) -578,000
cash paid for salaries (1,422,000 - 7,000) -1,415,000
cash paid for taxes (663,000 -34,000) -629,000
cash paid for other expenses -338,000
cash paid for insurance -36,000
Receipt of interest 14,000
cash inflow from opearting activities 1,213,000 1,204,000

Cash flows from investing activities

proceeds from sale of furniture 25,000
purchase of land -100,000
sale of inv. Sec (400,000 + 50,000) 450,000
purchase of building -1,000,000
cash outflow from operating activities -625,000

Cash flows from financing activities

payment of bank notes payable -775,000
payment of bonds payable -400,000
proceeds of sale of os 370,000
cash outflow from financing activities -805,000

Net decrease in cash and cash equivalents -226,000

cash and cash equivalents, beg 2,826,000
cahs and cash equivalents, end 2,600,000
 cash and cash equivalents
2012 2011 changes
cash 1,750,000 2,306,000 -556,000
3-month time deposit 800,000 400,000 400,000
trading securities 50,000 120,000 -70,000
2,600,000 2,826,000 -226,000