Queensland Art Gallery Annual Report 1996-97

STATEMENT OF CASH FLOWS FOR YEAR ENDED 30 JUNE 1997 Note 1997 1996 $1000 $'OOO CASH FLOWS USED IN OPERATING ACTIVITIES Inflows: Gallery Shop Operations 397 565 Interest Received 166 225 Other 257 540 Outflows: Program Delivery (8,603) (8,361) Gallery Shop Operations (6 I 5) (625) Other (196) (97) Interest Paid (5) (7) Net Cash Used By Operating Activities 15 ($8,399) ($7,760) CASH FLOWS FROM INVESTING ACTIVITIES Inflows: Proceeds from Disposal of Plant and Equipment 62 - Proceeds from Deaccessioning of Art Works 3 83 Outflows: Acquisition - Art Works (502) (8 14) Purchases of Property, Plant and Equipment (198) (I53) Net Cash Used in Investing Activities ($635)($884) CASH FLOWS FROM GOVERNMENT Inflows: Endowment 8,454 8,993 Outflows: Repayment of Loan (22)(20) Net Cash Provided By Government $8,432$8,973 Net Increase/(Decrease) In Cash (602) 329 Cash At Beginning Of Year 2,0941,765 Cash At End Of Year 16 $1,492 $2,094 To be read in conjunction with the attached notes, I