|
Note |
2011 |
2010 |
|||||
|
Cash flows from operating activities |
|||||||
|
Profit from operations |
232,628 |
167,989 |
|||||
|
Depreciation and amortisation |
35,248 |
33,362 |
|||||
|
Loss on disposal of fixed assets |
982 |
|
|||||
|
(Decrease)/Increase in deferred revenue |
(158 |
) |
3,554 |
||||
|
(Decrease)/Increase in creditors and amounts due to related parties |
(2,749 |
) |
2,674 |
||||
|
Decrease in provision for employee benefits |
(1,726 |
) |
(1,674 |
) |
|||
|
Increase in customers deposits |
1,004 |
171 |
|||||
|
(Increase)/Decrease in debtors and amounts due from related parties |
(3,485 |
) |
432 |
||||
|
Profits tax paid |
(35,816 |
) |
(8,124 |
) |
|||
|
Net cash from operating activities |
225,928 |
198,384 |
|||||
|
Cash flows from investing activities |
|||||||
|
Decrease in bank deposits (other than cash equivalents) |
117,000 |
314,000 |
|||||
|
Purchase of fixed assets |
(54,718 |
) |
(25,326 |
) |
|||
|
Interest received |
8,853 |
11,946 |
|||||
|
Net cash from investing activities |
71,135 |
300,620 |
|||||
|
Cash flows from financing activities |
|||||||
|
Dividend paid |
(74,854 |
) |
(146,759 |
) |
|||
|
Net cash used in financing activities |
(74,854 |
) |
(146,759 |
) |
|||
|
Net increase in cash and cash equivalents |
222,209 |
352,245 |
|||||
|
Cash and cash equivalents at beginning of year |
371,414 |
19,169 |
|||||
|
Cash and cash equivalents at end of year |
17 |
593,623 |
371,414 |
The Notes to the Financial Statements form part of these financial statements.