Finances

Statement of Cash Flows

(In thousands of dollars)

Year ended December 31, 2016, with comparative information for 2015

 

 

 

2016

2015

 

 

 

$

$

 

 

 

 

 

Cash provided by (used in):

 

 

 

 

 

 

 

Operating activities:

 

 

 

Excess of revenue over expenditures

$329

$1,137

 

Amortization which does not involve cash

2,463

2,504

 

Change in non-cash operating working capital:

 

 

 

 

Accounts receivable

445

1,367

 

 

Deposits and prepaid expenses

(70)

(31)

 

 

Accounts payable and accrued liabilities

486

453

 

 

Deferred revenue

132

(294)

 

 

 

3,785

5,136

 

 

 

 

 

Financing activities:

 

 

 

Repayment of mortgage principal

(2,463)

(503)

 

 

 

 

 

Investing activities:

 

 

 

Purchases of investments

(11,004)

(28,801)

 

Proceeds from redemption of investments

12,000

25,459

 

Purchase of capital assets

(1,276)

(850)

 

 

 

(280)

(4,192)

 

 

 

 

 

Increase in cash

1,042

441

 

 

 

 

 

Cash, beginning of year

3,321

2,880

 

 

 

 

 

Cash, end of year

$4,363

$3,321

 

See accompanying notes to financial statements.

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