Ø
We improved our non-current assets from R3,4 Mil to
R6,5 Mil due to a capital works grant.
- for the replacement and/or upgrading of
equipment in PACOFS theatres and venues.
Ø
The bank balances and cash, show a significant
improvement
- due to funds that were
moved from our investment account to purchase sound equipment with capital
works money.
Ø
Retirement Benefits
- Provisions for medical
aid.
Ø
Provisions
- Leave and Bonus payouts.
Ø
Turnover, Cost of Sales and Gross Profit.
- Is aimed at liquor only.
Ø
Interest Received.
- due to strict and
responsible financial planning and management.
Ø
Surplus
- due to strict, stringent
and responsible financial planning and management.
Ø
Cash generated/utilized from operations.
- We had more money in the bank due to strict
budget controls but we also generated and received more money.
Ø
Acquisition of property, motors vehicles and
equipment
- Spent these amounts due to
the capital grant from national treasury.
Ø
Net cash flow from financing activities
- Capital works grant from
national treasury.
********************