Conestoga Confectionary Limited

Statement of Cash Flows

For the Year Ended December 31, 2016
Marks

Operating Activities
Net Income After Taxes
Amortization expense

79,000
25,000
104,000

1
1
1

Changes in non $ working capital

Accounts Receivable
Inventory

Prepaid Expenses

1
1

Accounts Payable
Interest Payable

6,000
10,000

Taxes Payable
Net changes in non $ working capital

5,000

5,000
11,000
15,000

1
1
1

119,000

10,000

Cash from operating activities

Investing activities
Fixed Assets

10,000 -

Long Term Debt

Common Shares

Dividend
Cash from financing activities

12,500
2,500
91,000

Financing activities
1
1
101,000

2
1

8,000

Beginning cash balance

16,000

Ending cash balance

24,000

1
20

PROOF:
Cash on Balance Sheet

24,000

Opening Retained Earnings

Net Income After Taxes
Dividends

20,000
79,000
91,000

Cash generated during the year

Closing Retained Earnings

8,000